Sources & Information For

greater minnesota housing fund
Community Planning -
Technical Assistance
Programs & Resources

Programs & Financing
Interim Loan Program: Greater Minnesota Housing Fund provides a variety of loan products and services to help nonprofit and community-based organizations, for-profit developers, local governments, and public housing authorities plan, finance, and develop affordable housing. These products include: (1) predevelopment, (2) site acquisition, (3) construction and (4) low income housing tax credit bridge loans. Read more ->

Single Family Development and Homeownership Loan Program: Greater Minnesota Housing Fund provides zero- and low-interest loans (interim and permanent) for new single family affordable home developments. GMHF also provides grants and forgivable loans for downpayment assistance and homeownership education initiatives.

Multi-Family Loan Program: Greater Minnesota Housing Fund provides zero- and low-interest loans for new affordable rental housing developments, primarily low-income housing tax credit projects. GMHF also targets funding to supportive housing rental projects with the goal of reducing chronic homelessness in Greater Minnesota.

Rehabilitation Loan Program: Greater Minnesota Housing Fund provides funding to facilitate the rehabilitation of affordable rental and owner-occupied housing for targeted projects in Greater Minnesota. Funding is in the form of zero- or low-interest deferred loans or grants.

Employer Assisted Housing Program: Greater Minnesota Housing Fund encourages employers to become involved in affordable housing by matching their financial contributions to affordable housing developments and down payment assistance programs. GMHF also provides technical assistance to employers and communities that wish to establish employer assisted housing programs. Read more ->

Building Better Neighborhoods Program (BBN): Greater Minnesota Housing Fund stimulates the construction of single family starter homes and the creation of vital new residential neighborhoods in Greater Minnesota. Communities are encouraged to efficiently use land and infrastructure, utilize economies of scale, and implement cost saving techniques in building new affordable homes. GMHF provides technical assistance as well as interim and permanent project financing to participating developers and communities. Read more ->

Minnesota Green Communities Initiative: Greater Minnesota Housing Fund provides grants and technical assistance to foster the creation of affordable, healthier, and more energy-efficient housing and more sustainable land use planning throughout Minnesota. GMHF partners on this program with the Family Housing Fund and Enterprise Foundation. Read more ->

Emerging Markets Homeownership Pilot Program: Greater Minnesota Housing Fund has launched a pilot program to support local and regional efforts to increase affordable and sustainable homeownership opportunities for emerging market populations, including households of color and Hispanic ethnicity and recent immigrants.

Housing Policy and Public Education: Greater Minnesota Housing Fund is committed to providing legislative advocacy and supporting public policy options that increase affordable housing opportunities throughout the state. GMHF educates community leaders and policy makers on the issues surrounding affordable housing. Educational efforts have included a traveling affordable housing photography exhibit, publications, conferences and convening.

Research and Development: Greater Minnesota Housing Fund conducts research on best practices and strategies in affordable housing and develops programs, initiatives, public information and educational materials based on research findings.

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