PRG, Inc.
PRG combines community-based affordable housing development with education and one-on-one advising to eliminate racial disparities in housing so that all people and neighborhoods thrive.
About PRG, Inc.
PRG, Inc. (originally the Powderhorn Residents Group, founded in 1976) is a Minneapolis-based nonprofit that develops affordable homeownership opportunities and provides homebuyer education, one-on-one advising, foreclosure-prevention and refinance advising. PRG focuses on building and rehabilitating entry-level homes for income-qualified buyers while offering HUD-certified counseling and lending support to help families purchase and keep homes.
PRG works in partnership with neighborhoods, community groups, public agencies and land banks across the Twin Cities metro to turn vacant properties into affordable, energy-efficient homes and to influence housing policy that reduces racial and economic disparities. Its work combines real estate development, direct client services, and community organizing to increase long-term, resident-controlled homeownership in core Minneapolis neighborhoods and nearby communities.
Notable achievements
Decades of service and organizational longevity
Founded in 1976 as Powderhorn Residents Group, PRG has operated for more than 45 years developing affordable homeownership solutions and serving Minneapolis neighborhoods.
Recent production of entry-level homes
In recent years PRG has advanced multiple small-scale development projects, including constructing and selling new affordable, income-qualified homes to increase entry-level homeownership (including a multi-home buildout during 2023–2024).
Energy-efficient affordable housing
PRG’s newly constructed homes meet Energy Star / Zero Energy Ready standards, reducing long-term utility costs for buyers and supporting sustainability in affordable homeownership.
At a glance
- Total assets
- $5.4M
- Annual revenue
- $1.3M
- Tax status
- 501(c)(3)Public charity
- EIN
- 41-1280596
- Location
- Minneapolis, MN
- Website
- www.prginc.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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