community Impact
Greater Minnesota Housing Fund (GMHF) is a nonprofit affordable housing intermediary and Community Development Financial Institution (CDFI) with a mission to invest in affordable housing and sustainable development to strengthen communities in Greater Minnesota and ensure that everyone has a safe, decent and affordable place to call home. GMHF was born out of a vision shared by The McKnight Foundation and Blandin Foundation to create a responsive, innovative intermediary that could address the unique affordable housing needs of Greater Minnesota’s rural areas, small towns, city centers and tribal lands. In 1996, these foundations committed $25 million to create GMHF and have continued to provide major ongoing support in the years since, committing over $97 million.
Thanks to their support and the dedication of other funders and investors, GMHF is now the largest affordable housing intermediary in Minnesota. GMHF operates a $26+ million revolving loan fund, provides gap financing for homebuyers and affordable rental housing development and preservation, supports local communities and housing organizations through specialized grant support, and offers housing development and technical assistance training to communities across our service area of the 80 counties of Greater Minnesota. Please see the Programs section of this website for GMHF services and loans.
Since 1996, GMHF has: Invested more than $138 million in over 500 developments in 150 communities helping to create over 10,000 homes worth over $1 billion in community assets.
Click here to view GMHF project map (.pdf)
See the impact of Community Development Financial Institutions (CDFIs) in "Opportunity Multiplied" produced by the Opportunity Finance Network.
Greater Minnesota Housing Fund has launched the Minnesota Equity Fund to help Minnesota companies invest in Minnesota communities. Click here to learn more.
New GMHF Progress Report now available featuring the accomplishments of housing partners across the state. Click here to view the report.
Portraits of Home documentery photography exhibit now on tour. Click here to view upcoming events.
GMHF makes Building Better Neighborhoods home plans available to provide homebuyers, communities and builders with a variety of options that lead to the construction of healthier homes that are more affordable to own and operate. Click here to view these free homeplans.
In the HOMES FOR ALL documentary, Twin Cities Public Television takes an in- depth look at the vast need for sustainable, affordable housing choices in Minnesota.
Benefits of CT class go beyond student learning | Crookston Times Wed, 2 February 2012
The Heart of the Matter - Is Owning a Home Still Worthwhile Tuesday January 24, 2012
Three Rivers bridging homeowner gap through Somalis Monday January 23, 2012
Take KARE of your MONEY: Home Affordable Refinance Program | kare11.com Wed, 18 Jan 2012
Rosenblum: Event offers a humbling new way to look at homelessness | StarTribune.com Tue, 17 Jan 2012
Despite squeeze, affordable housing remains a priority | StarTribune.com Fri, 23 Dec 2011
Hundreds mourn Minnesotans who died homeless | Minnesota Public Radio News Mon, 19 Dec 2011
MinnPost - Homeless, desperate and living out of cars Wed, 30 Nov 2011
Higher demand for homeless services stresses those who help | Minnesota Public Radio News Mon, 21 Nov 2011
Home for Chronic Inebriates - KIMT.com – Iowa & Minnesota Together Tue, 15 Nov 2011
Once a fort, soon a haven for homeless vets Abandoned Fort Snelling buildings in line for $10.2 million renovation - TwinCities.com Tue, 15 Nov 2011
Report: Housing groups struggle against foreclosure wave - Finance & Commerce Mon, 14 Nov 2011
Affordable housing design: Solid, but could be better | StarTribune.com Mon, 14 Nov 2011
Duluth family of 5 goes from living in SUV to apartment | Duluth News Tribune | Duluth, Minnesota Mon, 14 Nov 2011
One in 15 of us among nation's 'poorest poor' - TwinCities.com Thu, 03 Nov 2011
Click on story for more information
Support the mission of Greater Minnesota Housing Fund
