Community Development

Commons at Penn Opens in North Minneapolis

Minneapolis developer Building Blocks, Inc. and its many project funders are pleased to announce the grand opening of Commons at Penn, a new construction, 47-unit, mixed-use, transit-oriented development in the heart of the Willard-Hay neighborhood in Minneapolis. The new residential community, located at the intersection of Penn Avenue and Golden Valley Road, provides attractive new… Read more

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Mixed-use community hub, Commons at Penn, celebrates grand opening of apartments, future co-op

Minneapolis developer Building Blocks, Inc. and its many project funders are pleased to announce the grand opening of Commons at Penn, a new construction, 47-unit, mixed-use, transit-oriented development in the heart of the Willard-Hay neighborhood in Minneapolis. The new residential community, located at the intersection of Penn Avenue and Golden Valley Road, provides attractive new… Read more

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UnitedHealth Group invests $50M in low-income rental housing

UnitedHealth Group Inc. said Thursday that it is putting $50 million into a fund to construct hundreds of low-income housing units in Minnesota and the Upper Midwest. While the investment brings financial benefits, officials at the nation’s largest insurance company said it also aligns with a corporate belief that stable housing is a key component… Read more

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Whether you're ready to investigate financing options, or are in the early planning stages, Greater Minnesota Housing Fund can provide the technical assistance needed to get your idea off the ground. Learn more.

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What is LIHTC and what are the benefits?

Not sure if LIHTC is a good possible financing or investment opportunity for you? You can learn more basic information about it here. Feel free to reach out to us to learn more.

General Contact

Minnesota Equity Fund
c/o Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1650-West
Saint Paul, MN 55101

Download MEF Brochure

For more background about the Minnesota Equity Fund, please download the MEF Brochure (PDF).

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About Minnesota Equity Fund

Minnesota Equity Fund (MEF) is a subsidiary of  
Greater Minnesota Housing Fund (GMHF). MEF and  
Cinnaire are joint venture partners collaborating  
to achieve our common mission to create more high  
quality affordable housing.  

Learn More

Our Joint Venture Team

Greater Minnesota Housing Fund

GMHF is AERIS rated and a member of the  
Federal Home Loan Bank of Des Moines.  
 
AERIS RATED AAA +2 FHLB Des Moines

Staff Contact

John Errigo
Director of Investing & Fund Manager
jerrigo@gmhf.com
651-350-7224

General Contact

Minnesota Equity Fund
c/o Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1650-West
Saint Paul, MN 55101