About Greater Minnesota Housing Fund
Greater Minnesota Housing Fund (GMHF)’s mission is to strengthen communities through the production and preservation of affordable housing. In its 25+ year history, GMHF has become Minnesota’s leading nonprofit affordable housing lender in terms of financing activities and geographic footprint, working in all 87 counties of the state to provide low-cost financing to create and preserve single-family and multi-family homes.
Since it inception in 1996, GMHF has financed over 18,000 homes, providing affordable housing for 26,000+ Minnesotans. GMHF is driven to deliver
affordable housing by the knowledge that safe, stable housing improves life outcomes in health, employment, education and child development. GMHF develops and implements innovative housing programs, strategies, and models that save and change lives for those directly affected and have a positive impact on rural communities through the production and preservation of affordable homes.
GMHF operates a family of funds, including the Revolving Development Loan Fund (the CDFI), the Minnesota Equity Fund and the Naturally Occurring Affordable Housing (NOAH) Fund. The three funds add tremendous capacity to Minnesota’s affordable housing field through providing flexible, low-cost
capital that builds housing developer capacity to produce and preserve affordable homes.
GMHF is certified by the U.S. Treasury as a Community Development Financial Institution (CDFI) and is a member of the Federal Home Loan
Bank (FHLB) of Des Moines. GMHF is rated 4-Star AA+ Policy Plus by Aeris, the CDFI rating agency.
Visit us at gmhf.com
- Other Community and Economic Development
Debt & Equity Investing
- Commercial and/or Development Lending
- Consumer Mortgage Lending
- Equity Syndication