Developer Royal Capital Group has opened Harmony @Grandview Commons, a 94-unit affordable housing property in Madison, Wis. Funded through a public-private partnership that includes $11 million from the Wisconsin Housing & Economic Development Authority and $5.4 million from UnitedHealthcare placed by Minnesota Equity Fund, the new development is dedicated to working families in the Madison… Read more
Grand opening of Mysa House in November 2018 celebrates completion on new senior housing in Mora. Greater Minnesota Housing Fund provided a $535,000 deferred loan to support Mysa House, and Minnesota Equity Fund and its strategic partner Cinnaire provided an equity investment of $1.2 million in private capital… Read more
The Star Tribune featured Rick Klun as one of their “Problem Solvers” for his work to prevent and end homelessness in Duluth and across the state in an article by Gail Rosenblum. Rick Klun wants us to stop focusing on homelessness. It’s not that he lacks the heart, or stomach, to address this seemingly intractable… Read more
“Only in Duluth,” said Warren Hanson, president of the St. Paul-based Greater Minnesota Housing Fund, which secured more than two-thirds of the $18.5 million needed for the reconstruction project. An hour of anecdotes and appreciations brought together bits of the building’s history since it opened in 1974 as a home mostly for people of lower… Read more
Affordable Housing Finance covered the opening of Brustad Homes (Veterans East) in Minneapolis. A new affordable housing development for veterans struggling with homelessness has opened this fall in the Twin Cities. Adjacent to the VA Medical Center near Fort Snelling, the 100-unit Richard A. Brustad Homes makes another dent in reducing veteran homelessness in the… Read more
GMHF is AERIS-rated and a member of the Federal Home Loan Bank of Des Moines.
Minnesota Equity Fund
c/o Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1650-West
Saint Paul, MN 55101
