Alliance Housing Fully Funded for Minnehaha Commons Project
43 units of affordable housing will be constructed for extremely low-income seniors.
Minneapolis, October 31, 2017: Minnesota Housing announced on October 17th that $126 million will be invested in affordable housing across the state. Alliance Housing received $5,146,302 in deferred funds for Minnehaha Commons to be located on Lake Street in Minneapolis. With this award, the project is now fully funded. Other funders include the City of Minneapolis, Hennepin County, the Metropolitan Council, the Federal Home Loan Bank, and private investors. Minnehaha Commons will provide 43 units of affordable housing, in partnership with Touchstone Mental Health, for extremely low-income seniors who have experienced homelessness.
According to the Wilder Foundation’s homeless survey, seniors are the fastest growing segment of homeless people. Alliance Housing is uniquely positioned to successfully house this population because of its previous experience serving seniors in rooming houses. Alliance’s tenant service coordinators and property managers build trusting relationships with tenants, discuss problems, identify options for maintaining housing stability and increasing self-sufficiency, and assist tenants to choose their community services.
Alliance Housing’s model offers a solution for housing stability for people who are traditionally denied housing opportunities because of their low-income, poor rental and criminal histories, and/or a history of homelessness. Homeless studies show that many homeless people also experience mental health symptoms. Supportive services designed to successfully house this population will be offered at Minnehaha Commons by Touchstone Mental Health through supports that utilize best practices, address underlying mental health conditions, and support whole person wellness and self-sufficiency.
Alliance’s work makes it possible for individuals and families to create homes for themselves, regardless of income and background by developing and managing housing that is: inclusive, affordable, relational, and, flexible. In addition, Alliance Housing challenges the environment that limits its residents’ opportunities. Neighbors and tenants alike say Alliance’s properties are the “best on the block.”