Summary
Organization name
Greater Metropolitan Housing Corporation
other names
GMHC
Tax id (EIN)
41-0968007
Categories
Community, Economic Development
BIPOC Serving
BIPOC Serving
Address
970 Raymond Ave, Suite 201Saint Paul, MN 55114
For 50 years, GMHC has been working on its mission to preserve, improve and increase affordable housing for low and moderate income families and individuals, assist communities with housing revitalization as well as create and carry out demonstration projects. Most of our homebuyers are first-time or even first-generation homebuyers. Many are people of color, which helps close the gap between the percentages of people of color that own their home compared to white homeowners. GMHC’s goal is to help families and individuals become successful homeowners.
To achieve our mission, GMHC builds and renovates single family homes with a focus on energy efficiency and sustainability. The affordability of a home is often only evaluated by monthly mortgage costs, but hidden costs like high utility bills can be a cost-burden for low income homeowners. Currently, our new construction homes receive an average Home Energy Rating System (HERS) score of 49. The typical new home score is 100, which means our homebuyers save 51% in energy use over most new homes, which can result in over $1,500 annual savings. Those are savings our families can put to emergency funds or future home projects.
Homes should be constructed to last generations and allow homeowners to build equity. We construct our homes to last the next 100 years. GMHC uses materials that are beneficial to the planet and our homebuyers.
With your support we can continue the necessary services and tools to provide families and individuals with affordable housing opportunities.
Organization name
Greater Metropolitan Housing Corporation
other names
GMHC
Tax id (EIN)
41-0968007
Categories
Community, Economic Development
BIPOC Serving
BIPOC Serving
Address
970 Raymond Ave, Suite 201