Properties & Partners

Learn more about the partnerships and properties that have come about under the banner of the Minnesota Equity Fund.

Find timely research on emerging affordable housing issues is designed to identify the best practices and most innovative solutions in the field.

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Along with our strategic partners, Minnesota Equity Fund has helped create vibrant housing communities across the state of Minnesota. Explore some featured properties and partners on this page.

Park Place of Bemidji Grand Opening

GMHF staff excitedly joined government officials, organization personnel and business leaders to celebrate the grand opening of Park Place in Bemidji on October 27, 2017. The building is managed by the Duluth-based Center City Housing Corp. and is located at 598 Third St. NW. The project cost approximately $7 million to build. The complex has 20 employees… Read more

New Minneapolis Housing Community Provides Hope for Veterans Struggling with Homelessness

An important milestone was reached today in helping end homelessness among military veterans in Minnesota with the opening of Veterans East, a new 100-unit apartment community adjacent to the Veterans Hospital near Fort Snelling. During a ribbon-cutting ceremony, newly moved-in veterans, many of whom have struggled with homelessness, thanked community leaders and development partners for… Read more

Affordable housing community to be built on former school campus in Oak Park

The new community will be built on the site of the vacant Thomas Jefferson School building and campus. It will include 20 apartments and eight townhome-style buildings with 40 homes. Dennis Mouras, CEO of UnitedHealthcare Community Plan of Michigan, announced in a press release, that UnitedHealthcare is investing $14.6 million in the Oak Park development… Read more

LIHTCs bring affordable youth housing to affluent MN neighborhood

As reported in the Feb. 2017 Novogradac Journal of Tax Credits by senior writer Mark O’Meara. In Minnesota, children and adults 24 and younger are the most likely population to be homeless, according to the 2015 Minnesota Housing Study, a statewide study on homelessness. This includes children with their parents (35 percent) and minors and young… Read more

Gateway Tower

Duluth’s Gateway Tower due for $18.5M redo with MEF equity

They’re already planning to return in about a year to celebrate the end of a project so extensive it will replace virtually everything but the property’s concrete shell – and even that will be covered by a new contemporary metal skin. “We’re really happy to make an intervention to protect the building,” said Jeff Corey… 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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Colorful banner image featuring the skyline that you might typically see in a small city or town in Greater Minnesota.

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.

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Our Joint Venture Team

Greater Minnesota Housing Fund

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

Staff Contact

John Errigo
Director of Syndication & Loan Officer
jerrigo@gmhf.com
651.350-7224

Warren W. Hanson
President & CEO, GMHF & MEF
whanson@gmhf.com
651.350-7220

General Contact

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