GREATER METROPOLITAN HOUSING CORPORATION
GMHC preserves, improves, and increases affordable housing for low- and moderate-income families and individuals, assists communities with housing revitalization, and creates and carries out demonstration projects.
About GREATER METROPOLITAN HOUSING CORPORATION
Greater Metropolitan Housing Corporation (GMHC) is a nonprofit housing developer and community revitalization organization founded in 1970 and operating across the Twin Cities. GMHC’s core work is a Single Family Homeownership Program that builds and renovates single-family homes for sale to low- and moderate-income, first-time, and first-generation homebuyers, often in partnership with cities, counties, Minnesota Housing, and neighborhood development organizations. GMHC also operates SHOP Home Mortgage™, a contract-for-deed and mortgage assistance product that pairs financing with counseling to help buyers transition to conventional mortgage products. In recent years GMHC has continued active development and preservation activity, reporting multi-million dollar annual program operations and partnerships with local banks and foundations to support its work.
Notable achievements
Longstanding production record
Since its founding, GMHC has constructed or renovated and sold 1,946 homes, reflecting decades of sustained affordable housing production and neighborhood investment.
Recent development scale
In the five years before 2023 GMHC completed and sold 51 homes (development cost $18,145,000), and in 2023 it completed and sold 4 homes with an additional 12 under construction and 37 properties in pre-development or bidding phases.
SHOP Home Mortgage refinancings
Through the SHOP Home Mortgage™ contract-for-deed program, over 87% of the original 156 contract-for-deed clients have been able to refinance to market-rate mortgage products, demonstrating measurable borrower outcomes.
At a glance
- Total assets
- $4.8M
- Annual revenue
- $4.8M
- Tax status
- 501(c)(3)Public charity
- EIN
- 41-0968007
- Location
- Saint Paul, MN
- Website
- www.gmhchousing.org
- On Mahalo since
- September 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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