The Lonoke

Historic Minneapolis Apartments to House Formerly Homeless Residents

Minnesota-based developer Beacon Interfaith Housing Collaborative found strong neighborhood support for converting The Lonoke from market-rate apartments into 19 units of affordable housing for low-income households and formerly homeless individuals. Lee Blons, Beacon’s executive director, credits local support for The Lonoke to the success of nearby Lydia Apartments, Beacon’s 40 units of supportive housing for… Read more

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Minnesota Equity Fund helps transform historic Stevens Square apartment building

transforming the 100-year-old property into a new 19-unit affordable-housing community with support services for area homeless and people in need of permanent housing. Rehabilitation of the building, to be renamed The Lonoke, located at 1926 Third Avenue South in Minneapolis, includes renovating the 19 existing one-bedroom apartments with upgraded mechanical, electrical and plumbing systems, new… Read 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.

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

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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.  

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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