Greater Metropolitan Housing Corporation

New Markets Tax Credit Coalition

Saint Paul,
MN
(2019)

Greater Metropolitan Housing Corporation

Community, Housing

10 affordable homes created through the Greater Metropolitan Housing Corporation

Investment

NMTC Amount: $4,000,000
Total Project Cost: $6,189,324

IMPACT

10 affordable, single-family homes created

CDEs

Habitat for Humanity

Investor

TCF National Bank

Voices from the Community

We are providing beautiful affordable new homes to those that cannot afford to pay market rate. This is due to the NMTC program.

-Luis Perez, Controller, Greater Metropolitan Housing Corporation, Minneapolis, Minnesota

Project Description

NMTC financing supported 10 affordable homes created through the Greater Metropolitan Housing Corporation.

MAP

Address: 941 Gorman Avenue, Saint Paul, MN 55118

Census Tract: 27037060101

Other Minnesota Projects

Washburn Center For Children

Minneapolis,
MN
(2019)

Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Youth and Families

CDE(s): Capital City Properties, United Fund Advisors, USBCDE

New facility to serve the Twin Cities area as a center of excellence in children’s mental health.

Boys and Girls Club of Detroit Lakes

Detroit Lakes,
MN
(2018)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Rural, Youth and Families, Youth Program

CDE(s): Bremer CDE

A new facility for a Boys and Girls Club.

Watonwan Farm Service

Delavan,
MN
(2011)

Infrastructure, Manufacturing, Plastics and Chemicals, Rural, Timber and Agriculture, Transportation and Ports

CDE(s): Rural Development Partners

The construction of a new high-speed working grain shuttle house and rail terminal facility.

Navy Island Inc.

West Saint Paul,
MN
(2019)

Business Development, Manufacturing

CDE(s): University Financial Corp.

Navy Island constructed a 92,000 sq. ft manufacturing facility and upgraded its woodworking equipment.