Greater Minnesota Housing Fund president and CEO Warren Hanson discusses the mission of the organization and the ongoing challenge of creating affordable homes at a time when housing costs are rising and wages aren’t keeping up with inflation.
ST PAUL, MN - Leading multifamily financing provider Merchants Capital today announces it has provided more than $77 million in financing for the development of Soul, an affordable, mixed-use development in Saint Paul, Minnesota. The property – owned and developed by the key partner on the project, Schafer Richardson – is a crucial redevelopment project for the city and an important factor in its commitment to expanding and improving access to affordable housing within Saint Paul.
Warren Hanson talks about the mission of the Greater Minnesota Housing Fund and the ongoing challenge of creating affordable homes at a time when housing costs are rising and wages aren’t keeping up with inflation.