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Celebrating 50 Years

2021 Marks our organization's 50th anniversary

Affordable housing: What it is and why it matters

An editorial by President & CEO, Deidre Schmidt

Honoring Old Friendship and Celebrating New

A beloved 4-pawed resident recently passed away, but we're excited to welcome a new one.

1,700 Masks Later...

One resident has kept herself busy making masks for friends and neighbors.

Affordable Housing Organization Serving Minnesota, Wisconsin and Iowa

Stable homes. Strong futures. Vibrant communities.

A safe, stable, and affordable home is the foundation for everything in life. It’s the place where each person can find what they need to meet their goals and build their best life. In other words, a CommonBond community. CommonBond is an affordable housing nonprofit organization that creates communities throughout Minnesota, Wisconsin and Iowa to help people of all ages and walks of life meet their goals and thrive.

With nearly five decades of working with vulnerable populations as an affordable housing organization, we know that when people have stability in their homes, children do better in school, teens graduate, adults find jobs with wages to support their families, and older adults maintain their independence.

We envision a day when all people have access to a place they can call their own. A home where lives flourish and communities are enriched.

Together, we can make this happen. Help our affordable housing nonprofit create homes for 15,000 people across Minnesota, Wisconsin and Iowa by 2025.

Avoiding and
Preventing Evictions

Of the households who had a lease violation in the past 12 months, 81% maintained housing at CommonBond Communities or exited positively.

Planning for
Bright Futures

94% of teens engaged in future and post-secondary school planning with the help of volunteers through the teen program.

Community Leaders

680 of our residents are now actively participating in their communities as leaders without worrying about affording their homes.

Affordable housing nonprofit work in Ramsey, MN

Sunwood Village is a 47-unit family affordable housing property in Ramsey, Minnesota that is part of a major community development effort to bring jobs, expand the regional economy, and provide access to parks, trails, shopping, and the Northstar Rail. It offers a mix of one-, two-, and three-bedroom units. Sunwood Village is reserved for households earning 30% to 60% of the area median income.

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Brewery Point

CommonBond developed the first senior community in Milwaukee’s Pabst Brewery redevelopment area, which has become Milwaukee’s newest sustainable historic neighborhood. The redevelopment of the former Pabst Brewery Company includes two major university centers, offices, apartments, a hotel, and restaurants. Located in the central business district, Brewery Point provides seniors aged 55 and older with affordable homes that feature panoramic views of downtown Milwaukee.

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Supportive Housing

Lexington Commons is designed for single adults who meet the state definition of long-term homelessness, and single adults who meet the federal definition of chronic homelessness. It features 48 efficiency apartments. An adaptive reuse of a former nursing home built in the 1960s, Lexington Commons was designed to achieve LEED certification.

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Naturally Occurring Affordable Housing (NOAH)

The purchase of Boulder Ridge affordable housing property in MN is the first of many in CommonBond’s deliberate effort to counter the loss of affordable housing options. Boulder Ridge was the first naturally occurring affordable housing (NOAH) acquisition through our CommonBond Housing Opportunity Fund. It provides affordable housing for those with low to moderate incomes.

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Urban Redevelopment in Minneapolis

The Cooperage is a new construction project in Minneapolis that provides 60 units of housing for seniors ages 62 and older. Conveniently located within ¼ mile of a Central Corridor Light Rail Transit stop, it’s also connected to trails. This is CommonBond’s first project to feature solar panels. It’s also one of the first two mixed-financing HUD 202 projects in Minnesota.

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HUD-subsidized/Urban Redevelopment Glenbrook Apartments

CommonBond Communities and Bishop’s Creek CDC collaborated to preserve Glenbrook Apartments, located in a high-priority revitalization area near the former Northridge Mall in Milwaukee, WI. The effort revitalized 72 large apartment homes for families, providing significant investment to modernize and increase long-term sustainability of this important housing resource. As part of the renovation, a new Advantage Center community building was added to provide programs and services that support resident success.

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Where We Serve

We’re proud to develop and manage urban, suburban, and rural housing communities across more than 56 cities in Minnesota, Iowa, and Wisconsin.