Rural Development Property will be Preserved in Hackensack, Minnesota Rural, affordable homes are saved this month as Greater Minnesota Housing Fund’s board approved a loan to preserve a 19-unit Rural Development property in Hackensack, Minnesota. D.W. Jones will continue ownership and management of the property, and Voronyak Builders will serve as contractor. Birch Lake Apartments…
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At a time when homelessness is on the rise in the Twin Cities and across the nation, Greater Minnesota Housing Fund is proud to celebrate the work of Center City Housing Corporation and its Grand Opening of Cahill Place, a 40-unit permanent supportive housing development that will serve families moving out of homelessness. Cahill Place…
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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…
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“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…
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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…
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