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…
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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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FOR IMMEDIATE RELEASE Madison, Wis. (November 3, 2017) – Community leaders, local residents and development partners came together today to celebrate the start of construction for The Flats at Grandview Commons, a new 94-unit affordable housing community designed for working families in the region. Developed by Royal Capital Group, the new community is being built…
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