2006
Annual Report
Since 1980, Fund investments of $168 million have helped finance more
than 31,000
units of affordable housing and leveraged an additional $2.5 billion
from government
sources, private lenders, investors, and other contributors. Last year
alone, the Family
Housing Fund gave nearly $7 million of financial assistance to nonprofit
organizations,
government agencies, and private developers to assist in the production
or preservation
of more than 600 affordable housing units in the Twin Cities and to
offer homeownership
counseling and foreclosure prevention to those who needed it. The Fund
also
provided critical support to 21 local nonprofit and advocacy organizations
whose work
complements and supports the Fund’s mission.
2005 Annual
Report
Since 1980, Fund investments of $159 million have helped finance
30,700 units of affordable housing and leveraged an additional $2.4
billion
from the government, private lenders, investors, and other contributors.
Of that, the Fund has spent $19.2 million to support dozens of other
organizations involved in the development and preservation of affordable
housing. In 2005 alone, the Family Housing Fund gave nearly $6 million
of financial assistance to nonprofit organizations, government agencies,
and private developers to assist in the production or preservation
of
more than 1,100 affordable housing units in the Twin Cities and to
offer homeownership counseling to more than 1,000 families. The Fund
also
provided $2 million of critical support to 21 local nonprofit and
advocacy organizations whose work complements and supports the Fund’s
mission.
2004 Annual
Report
In 2004, the Family Housing Fund gave more than $10.5 million of financial
assistance to nonprofit organizations, government agencies, and private
developers to assist in the production or preservation of more than
1,500 affordable housing units in the Twin Cities and to provide home-ownership
counseling to nearly
2,000 families. The Fund also provided $2.2 million of critical support
to 20 local nonprofit organizations whose work complements and supports
the mission of the Family Housing Fund.
2003
Annual Report
In 2003, the Family Housing Fund, together with its partners, helped
produce or preserve over 2,100 affordable housing units for low- and
moderate-income families throughout the Twin Cities--nearly double the
production numbers of years past. To accomplish this, the Fund expended
a record $15.6 million and helped leverage over $300 million to support
affordable housing activities. While these numbers are impressive, we
know that there remain thousands of families in the Twin Cities who
are paying too much of their income on housing costs or without a permanent
place to live at all.
2002 Annual Report
In 2002, the Family Housing Fund, together with its partners, participated in the production or preservation of more than 1,000 affordable housing units for low-and-moderate-income families throughout the Twin Cities. The Fund also helped 700 families receive homeownership counseling. Because of the is strong year, thousands of families, individuals, and children will have safe, decent, and affordable places to live for generations to come.
2000-2001 Annual Report
The Family Housing Fund and its partners have many reasons to celebrate the past two years. Due to our combined efforts, thousands of low- and moderate-income families in the metro area have a safe, decent, affordable place to live. However, while 2000 and 2001 were years of growth and accomplishment for the field of affordable housing on many fronts, they were also years that saw the affordable housing crisis in the Twin Cities metropolitan area deepen.