Framing The Future

People. Places. Progress.

Addressing the Affordable Housing Crisis​

Together we can frame the future by making accessible, affordable housing a reality for more people in Minnesota and the Upper Midwest. The goal of our campaign is to raise $65 million to address the affordable housing crisis. 

Give by December 31st and your dollars will be doubled,
thanks to a $50,000 match from The Tareen Family Foundation!

 

The campaign will invest in three core areas:

People

enhance our programs, support staffing, and deliver services.
Places
preserve, develop, and reinvest in affordable homes.
Progress
impact public policy and the larger systems in which we work.
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Why Now?

Rising market-rate rent. Across the United States, rents have grown rapidly for all income groups, but those with the lowest incomes have been hit the hardest.

Wages aren’t keeping up. The average annual income of a CommonBond household is $22,000. That means less than $2,000 each month to make ends meet.

Lack of affordable options. There are fewer than 4 affordable rental homes for every 10 extremely low-income renter households in the state of Minnesota.

The needs of our communities are growing. CommonBond must have the capacity to respond.

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“When I was handed the keys to the apartment, I was proud. I was proud I made this choice to come here and I just felt like my life was better. It immediately changed my whole life.”

- Kenneth, CommonBond resident