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Higher Ground, Minneapolis

We are honored to work with community leaders on projects that promote individual well-being and community connections.   

A key first step is documenting your program’s record of successes.

Below are some of the projects where we did this first, next identified and secured financing to build, rehabilitate and efficiently operate over the long term.

Project Financing
Ebenezer Park Apartments – Minneapolis
200 senior and disabled units
Owner:  Ebenezer
$15 million – Preservation, rehabilitation, HUD MAP mortgage, deferred loans
Ebenezer Tower Apartments – Minneapolis
192 senior units
Owner:  Ebenezer
$14 million  – Preservation, rehabilitation, tax credits, HOME
Higher Ground – Minneapolis
251 beds/units for homeless individuals
Owners:  Catholic Charities and Community Housing Development Corporation
$18 million – New construction, bonds, deferred loans, grants
Continuum of housing for homeless individuals: shelter, transitional and permanent
Visitation Place – Saint Paul
16 family units
Owner: Catholic Charities
$130,000 – Operations re-do with tax credit investor, private funds
Dale Street Place – Saint Paul
151 senior and disabled units
Owner: Community Housing Development Corporation
$12 million – Preservation, rehabilitation, bonds
Hope Block Stabilization – Minneapolis
25 units for homeless individuals
25 family and workforce units
Owner: Hope Communities
$2 million – Preservation, deferred loans
Brandes Place – Fridley
16 family townhome units
Owner: Community Housing Development Corporation
$5 million – New construction, tax credits, deferred loans, donated land
Vadnais Highlands
Vadnais Heights

35 family townhome units
Owner: Community Housing Development Corporation
$3 million – Rehabilitation, refinance, Section 8, deferred loans, acquisition from retiring owner
Evergreen – Hutchinson
62 senior units
Owner: Community Housing Development Corporation
$5 million – Refinance, deferred HOME loan
Willow Apartments – Little Falls
29 family townhouse and apartment units
Owner: Community Housing Development Corporation
$1 million – Land swap and replacement, refinance, deferred loan
Oakland Square – Minneapolis
31 family units
Owner: Community Housing Development Corporation
$5 million – Acquisition and refinance, LIHTC, scattered site, bifurcation of first mortgage