Housing
Having a stable, safe, and affordable place to live creates both a family and community infrastructure. It’s something many people take for granted and unfortunately something that Minnesota struggles to keep up in creating enough supply for the growing demand. That’s why NMF is committed to adding housing capacity in Northwest Minnesota.
Seeking impact
Strengthening the region through housing solutions
Inquiry Form
Interested in learning whether your project may be a fit? Submit an inquiry form today.
Housing Loan Program
NMF has established a partnership with Greater Minnesota Housing Fund (GMHF) to increase the number of multi-family housing units in Northwest Minnesota. To reach this goal, NMF’s gap financing will focus on multi-family housing projects of five units or more, and our portion of the financing will not exceed $400,000.
As a lender, it is never NMF’s intention to fund projects that could otherwise be funded by traditional lenders such as a bank or credit union. NMF does not compete with traditional lenders. Instead, it is our intention that our housing loan dollars complement traditional financing products by playing a gap role with GMHF and/or a bank or credit union.
Please fill out the Inquiry Form linked above if you would like to connect with one of our staff about your project.
We’re building new homes through our community land trust!
Help us grow regional housing availability
News & Ideas
See how our programs are improving housing capacity in the region.
A Place to Plant Roots: How an Affordable Home Empowered a Community Leader
Jennifer Compeau never expected homeownership to feel possible. Like many people across northwest Minnesota, she was working hard to create stability for her family. She was participating in the Family Self-Sufficiency Program through Northwest Minnesota HRA and the Family Assets for Independence Minnesota (FAME) program while living in Section 8 housing. She dreamed of owning …
Investing in youth through housing support
Deb Zak’s experience working alongside youth has shaped her commitment to supporting young adults today – particularly through access to safe, stable housing.
Bridging the gap: Conifer community’s on-demand transit pilot
The Headwaters Regional Development Commission has launched a transit project that’s providing a pathway to stability, independence, and opportunity.