CommonBond Communities

Housing construction

Groups hope $25M fund will preserve lower-priced rentals in Twin Cities

Neal St. Anthony reported in his Sunday column in the Star Tribune that the NOAH Impact Fund will officially launch on Tuesday, June 6. The Greater Minnesota Housing Fund, which helps finance affordable housing for the swelling ranks of the working poor, will announce Tuesday a $25 million fund that is expected to acquire up… Read more

Fund aims to curb rising rents in Twin Cities

Article by Hank Long in Finance & Commerce. Last July when CommonBond Communities paid $16.3 million for the 112-unit Boulder Ridge apartments in Apple Valley, it marked the nonprofit housing provider’s entry into the market-rate multifamily category. The St. Paul-based organization — which owns and operates more than 100 properties offering affordable housing in Minnesota… Read more

Habitat home

Editorial: Busting myths about affordable housing and the people who live there

It’s a scenario that plays out again and again, in every corner of The Corridor: a developer announces plans to create affordable housing units outside “those” neighborhoods where such units already are relatively plentiful, and neighbors start complaining. The torpedoing last month of a 45-unit, mixed-income housing complex along Edgewood Road in Cedar Rapids was… Read more

American Indian CDC

American Indian Community Development Corp. delivers housing on E. Franklin Av.

Gabriel Corbesia works as a security guard and recently graduated from Summit Academy near the top of his carpentry class. Corbesia, a member of the Lac Courte Oreilles Band of Lake Superior Chippewa who grew up in the Phillips neighborhood of Minneapolis, has wrestled with alcoholism and homelessness. Today, he is a thankful, productive citizen… Read more

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 the NOAH Impact Fund

The NOAH Impact Fund is a subsidiary of the 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

AERIS Rating 2+FHLB Des MoinesGMHF is AERIS rated and a member of The Federal Home Loan Bank of Des Moines.

 

Staff Contacts

Rachel Robinson
NOAH Impact Fund Manager
rrobinson@gmhf.com
651.350-7232

Warren W. Hanson
President & CEO, GMHF, MEF & NOAH
whanson@gmhf.com
651.350-7220

General Contact Info

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