The Legacy at Carr Heights Senior Apartments Grand Opening - a CHOIF investment
THE CHALLENGE
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THE OPPORTUNITY
LISC manages the Minnesota Housing Opportunity Fund (MHOF) which was established in response to Minnesota’s' growing need for additional affordable housing. The MHOF invests in and alongside local housing developers to create and preserve affordable housing options for residents around the state. The mission-oriented investment fund aims to reach residents and households earning at or below 80% of the area median income.