Next in Nonprofits 35 – Minnesota Equity Fund with Warren Hanson

The Minnesota Equity Fund “is a new social enterprise designed to raise equity capital from Minnesota corporations and banks to invest in well designed, high quality, sustainable affordable housing developments throughout Minnesota.” The fund is a subsidiary social enterprise of the Greater Minnesota Housing Fund.

Warren Hanson, President and CEO of the Greater Minnesota Housing Fund, joins Steve Boland to talk about traditional means for supporting affordable housing development and preservation, and why the Minnesota Equity Fund – as well as the newly emerging NOAH Fund – are important new tools to meet more of the need for quality affordable housing. Creating a mechanism for equity investors to see a return on investment and a social impact is what Hanson describes as a “double bottom line” return.

Read more or listen to the podcast here.

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Download NOAH Brochure

For more background about the NOAH Impact Fund, please download the NOAH Impact Fund Brochure (PDF).

Colorful banner image featuring the skyline that you might typically see in a small city or town in Greater Minnesota.

About NOAH Impact Fund

NOAH Impact Fund is a subsidiary of Greater Minnesota Housing Fund.  
This program was established to enable the preservation of existing  
affordable housing for Minnesotans.  

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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 Contacts

John Errigo
Director of Investing & Fund Manager
jerrigo@gmhf.com
651-350-7224

General Contact Info

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