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News & Media

Below are links to the latest media coverage for CommonBond—from spotlights on residents and updates on our progress in creating more homes, to the issues around affordable housing.

Media Inquiries
Contact: Adam Faitek
Vice President of Development
651-288-9005
adam.faitek@commonbond.org

News & Media Archive

Milwaukee unsuccessful in $35 million federal grant application for near west side
3/31/2021 – Milwaukee Business Journal

Balloon drop, champagne and special guests: See 40 Under 40 winners celebrate
3/30/2021 – Milwaukee Business Journal

{ Monitor in a Minute } March 2021
3/10/2021 – Monitor Saint Paul

Thomas Adams: If we care about justice and repair, we have to care about housing
3/4/2021 – Pioneer Press

Covid worse than cold for MN homeless this winter
3/3/2021 – The Circle News

U’s CEHD America Reads mentorship keeps kids engaged despite COVID challenges
2/13/2021 – Star Tribune

A peek behind the fence: Here’s what’s happening at Highland Bridge in 2021
2/11/2021 – Minneapolis/St. Paul Business Journal

CommonBond Communities Names CFO
2/4/2021 – Affordable Housing Finance

St. Paul home lots overlooking river to go on sale at Highland Bridge
2/4/2021 – Pioneer Press

Lot sales begin for high-end Highland Bridge homes
2/4/2021 – Finance & Commerce

People on the Move: Angela Riley
1/28/2021 – Minneapolis/St. Paul Business Journal

Development Roundup: Wilder Square
1/14/2021 – St. Paul Monitor

With Minnesota’s eviction moratorium set to end, renters brace for future
1/12/2021 – Twin Cities Pioneer Press

UnitedHealthcare Invests in Minnesota housing
1/8/2021 – Becker’s Hospital Review

Ramsey County to invest $9 million in affordable housing in 2021
12/27/2020 – Star Tribune

Commercial Real Estate: Executives from Colliers, CommonBond among others reflect on historic year
12/22/2020 – Minneapolis/St. Paul Business Journal

CommonBond gets funding for 250 units in four projects
12/21/2020 – Minneapolis/St. Paul Business Journal

5 things to do and know this week in Milwaukee: Dec. 7 to Dec. 12
12/7/2020 – Milwaukee Neighborhood News Service

Helping people in a housing crisis
12/1/2020 – Southwest Journal

2020 Most Admired CEOs: Deidre Schmidt, CommonBond Communities
11/30/2020 – Minneapolis/St. Paul Business Journal

Video: At Yorkdale Townhomes in Edina, learning from home is nothing new
11/25/2020 – Sun Current

People on the Move: Andrew Babula
11/25/2020 – Affordable Housing Finance

People on the Move: Andrew Babula
11/20/2020 – Minneapolis/St. Paul Business Journal

CommonBond seeks approval for Wilder Square renovation
11/20/2020 – Finance & Commerce

Citing open space, Highland Park coalition files legal action to block Ford site building
11/9/2020 – Pioneer Press

Affordable housing: what it is, and why it matters
11/9/2020 – Rapid City Journal

Otto Bremer Trust announces second phase of emergency fund to focus on restoring small businesses and critical services
11/2/2020 – Filmore County Journal

A Milwaukee affordable housing community works with artist to help kids express their feelings about the pandemic
10/30/2020 – Milwaukee Journal Sentinel

Trail Point Ridge opens in Eden Prairie
10/21/2020 – Sun Sailor

CommonBond opens three affordable projects, including Eden Prairies first in 12 years
10/19/2020 – Minneapolis/Saint Paul Business Journal

City enters into development agreement with Le Sueur Meadows
10/19/2020 – Le Sueur County News

Otto Bremer Trust announces second phase of emergency fund
10/19/2020 – Daily News

Lunds & Byerlys commits to Highland Bridge
9/15/2020 – Finance & Commerce

Jamal Osman Settles in to Ward 6 Council
9/14/2020 – The Minnesota Daily

Millions of dollars allocated in Minnesota to assist renters and homeowners from losing their homes
8/26/2020 – KARE-11 TV

Jamal Osman leading  in crowded special election for Minneapolis City Council
8/11/2020 – Star Tribune

St Paul nonprofit housing developer aims to grow with demand fueled by pandemic
8/4/2020 – Star Tribune

CommonBond buys land in Plymouth, Roseville for affordable housing
7/31/2020 – Minneapolis/St. Paul Business Journal

Ryan Cos. moves forward with St. Paul redevelopment
7/16/2020 – Multi-Housing News

$100M housing assistance program coming for low-income Minnesotans, Walz announces
7/15/2020 – Pioneer Press

Ryan Cos. holds virtual groundbreaking for Highland Bridge, new name for Ford site
7/14/2020 – Star Tribune

Watch: Gov Walz, Lt. Gov Flanagan announce housing relief plan amid COVID-19
7/14/2020 – Grand Forks Herald

$100 million available to Minnesotans struggling with housing costs
7/14/2020 – Star Tribune

Gov. Walz announces $100M in housing assistance before Sept. 1 rent is due
7/14/2020 – Kare-11 TV

A $14.1 million redevelopment of a north side apartment community will preserve 90 affordable housing units
7/14/2020 – Milwaukee Journal Sentinel

Affordable senior housing planned west of Highland Village Center: CommonBond Communities requests three variances for five-story, 60-unit building
6/24/2020 – St. Paul Villager

Ryan outlines first project on Ford site: Apartments above a grocery store
6/18/2020 – Minneapolis/St. Paul Business Journal

Grocery store, market-rate and affordable senior housing proposed for Ford site
6/17/2020 – St. Paul Pioneer Press

People on the Move
5/28/2020 – Affordable Housing Finance

Minnesota nonprofits boost mental health services during COVID-19
5/20/2020 – Star Tribune

Making rent on time has always been a challenge for many. COVID-19 just adds to the struggle
5/20/2020 – REJournals

City Council Briefs
5/8/2020 – Monticello Times

MSPBJ Announces Most Admired CEOs
4/30/2020 – Minneapolis/St. Paul Business Journal

Candidates line up for Mpls. City Council vacancy
4/21/2020 – Star Tribune

Economic downturn hits affordable housing
4/10/2020 – Finance & Commerce

31% can’t pay the rent: ‘It’s only going to get worse’
4/8/2020 – New York Times

For thousands in Minnesota out of work, rent and house payments are coming due
3/31/2020 – Star Tribune

CommonBond buys Ford Parcel
3/20/2020 – Finance & Commerce

Locked Down: Coronavirus forces MN nursing homes to ban family visits
3/18/2020 – Pioneer Press

Minnesota housing groups sat sprinkler mandates require money
3/12/2020 – Star Tribune

Klobuchar, Smith announce NeighborWorks grants for affordable MN housing
2/21/2020 – Brainerd Dispatch

Klobuchar, Smith announce $3 million in grants for investments in affordable housing
2/21/2020 – KTOE

CommonBond plans housing, child care in former church
2/21/2020 – Finance & Commerce

Ryan to shuffle retail, housing in rezoning of Ford site
2/11/2020 – Finance & Commerce

Which way, Northeast?
2/6/2020 – MSP Business Journal

With boomers in mind, Catholic Eldercare expands creative programs for seniors
1/18/2020 – Star Tribune

Eppstein Uhen principal and shareholder John “Chris” Gallagher dies
1/15/2020 – BizTimes

Federal funds approved for Coon Rapids apartment rehab
1/1/2020 – ABC Newspaper

Recently homeless in Minneapolis, former businesswoman grateful for studio apartment
12/23/2019 – Star Tribune

Gateway Northeast financing closes
12/20/2019 – Finance & Commerce

Ryan Companies close $61 million deal for former Ford plant
12/20/2019 – Ford Authority

Developer finalizes deal to buy 122-acre plot at former Ford site in St.Paul
12/19/2019 – KTSP

Ryan Companies closes on purchase of Ford Plant site
12/19/2019 – Minnesota Public Radio (MPR News)

Ryan closes on $61M purchase of Saint Paul Ford site
12/19/2019 – Minneapolis/St. Paul Business Journal

Ryan Cos. acquires Ford site for $61 million. announces housing partners
12/19/2019 – Star Tribune

Ryan Companies closes on 122-acre former Ford site
12/19/2019 – Yahoo Finance

Ryan closes on Ford factory site (Updated)
12/19/2019 – Finance and Commerce

‘We can go toe to toe with profit-motivated buyers’ says CommonBond’s Deidre Schmidt
12/10/2019 – Minneapolis/St. Paul Business Journal

Plan for housing atop Rochester parking ramp may lack support- from the ramp
11/27/2019 – Minneapolis Saint Paul Business Journal

Ramp woes threaten Rochester apartments
11/26/2019 – Finance and Commerce

Consultant raises concerns about ramps’ (in)ability to handle housing addition
11/26/2019 – Med City Beat

Housing atop Rochester’s new parking ramp is on hold
11/26/2019 – Star Tribune

Ford Site project moves ahead in St. Paul
11/15/2019 – Star Tribune

St Paul City council approves array of affordable housing initiatives 
11/13/2019 – Pioneer Press

Minneapolis City Council committee approves $18 million for Affordable Housing trust fund projects
11/13/2019 – Star Tribune

Ryan, St Paul finalize Ford development deal
11/12/2019 – Finance and Commerce

Final development deal reached on Ford site in St. Paul
11/12/2019 – Star Tribune

Dakota County art projects get grants
11/10/2019 – Sun ThisWeek

CommonBond wraps up record-setting year
11/06/2019 – Finance and Commerce

New owner will preserve affordable housing in historic Minneapolis building
10/30/2019 – Star Tribune

The truth about gentrification: The Panel
10/26/2019 – Milwaukee Courier

‘Somewhere to lay my head’: 100M Dorthy Day campus set to open in St. Paul
10/24/2019 – Star Tribune

Parishes help provide leadership for affordable housing
10/18/2019 – The Catholic Spirit

Former middle school is transformed
10/04/2019 – Pine Knot News

Minnesota’s CommonBond heads for record affordable-housing development year
09/24/2019 – Star Tribune

South St.Paul Scrambling After Manager of Public-Housing-High-Rises Steps Away
09/13/2019 – Star Tribune

South St.Paul Seeks New Public Housing Provider After CommonBond Pulls Out
09/13/2019 – Pioneer Press

Minneapolis Foundation Announces $500,000 in Grants to Boost Resources for Renters
09/12/2019 – Star Tribune

The Minneapolis Foundation awards first grants from OneMPLS fund
09/11/2019 – Minneapolis Foundation

Olmsted County home prices skyrocketing, affordable housing
09/09/2019 – KTTC

Nonprofit plans to build eight stories of affordable housing above downtown Rochester ramp
09/06/2019 – Med City Beat

2019 Affordable Housing Forum highlights new study on ex-offenders’ access to stable housing
09/5/2019 – Journal Sentinel

Developer chosen for 127-unit Rochester Apartment Complex
09/04/2019 – KIMT3 News

Affordable Housing Forum
09/04/2019 – Shepard Express

Running for Shelter to take part in one last race
08/16/2019 – Affordable Housing Finance

Just Sold: Work starts on Eden Prairie senior housing
08/02/2019 – Finance & Commerce

Housing challenges remain as metro area growth continues
07/30/2019 – Sun Current

OURS: Housing shortage fixes both a risk and opportunity
07/28/2019 – Rapid City Journal

CommonBond buys Hastings affordable apartments
07/16/2019 – Finance & Commerce

Raynetta Hill of CommonBond joins WHEDA board
07/16/2019 – Milwaukee Community Journal

Roseville ousts planning chair over refusal to rescue himself
07/15/2019 – Finance & Commerce

Coon Rapids apartment rehabilitation project funded
07/08/2019 – Home Town Source

Here is what we know about the three housing proposals for Parking Ramp No.6
06/25/2019 – Med City Beat

Associated Bank secures construction financing for age-restricted property in Madison,WI
06/12-2019 – ReBuisness

Associated Bank provides financing for senior housing in Madison
06/11/2019 – ReJournals

Nonprofit to help with affordable housing in Rapid City
06/06/2019 – SDPB

Nonprofit developer working to bring affordable housing to Rapid City
06/06/2019 – New Center

Affordable Housing Study
06/05/2019 – Black Hills Fox

Affordable housing pitch OK’d by city
05/31/2019 – Star News

Joaquin Altoro to lead WHEDA
05/15/2019 – Urban Milwaukee

Evers appoints Town Bank executive Joaquin Altoro to lead WHEDA
05/14/2019 – BizJournals

Gov Evers appoints Joaquin Altoro to serve as WHEDA Executive Director
05/14/2019 – Madison365

Right track to place 32 midway youth into summer jobs near St. Paul’s Allianz Field
04/18/2019 – Pioneer Press

520 new affordable apartments planned
04/04/2019 – Urban Milwaukee

Eden Prairie workforce housing up for TIF
04/01/2019 – Finance & Commerce

Suburbs embrace affordable housing efforts as rents rise in Twin Cities
03/31/2019 – Star Tribune

Klobuchar, Smith announce more than $3M in grants throughout MN for critical investments in affordable housing and community development
03/20/2019 – Smith Senate

List Leaders: Largest senior living operators in the Twin Cities
03/08/2019 – Residential Real Estate

State to offer free training to help landlords defuse tension with mentally ill tenants
03/06/2019 – Star Tribune

Do renters’ past crimes matter? Study says often not
02/28/2019 – Finance & Commerce

Ex-offenders generally pose no greater threat to landlords than overall affordable-housing renters
02/27/2019 – Star Tribune

Proposed affordable housing development sparks reaction from Common Council Members
02/18/219 – La Crosse Tribune

North Side affordable-housing project raises concentration concerns
2/18/2019 – La Crosse Tribune

Letter: Edina needs an effective policy for permanent affordable housing in the city
2/1/2019 – Sun Current

Large Nonprofit Developers Unite in New Tax Credit Fund
1/29/2019 – Housing Finance

La Crosse commission OKs TIF funding for North Side apartments
1/26/2019 – La Crosse Tribune

Saving our Democracy: Jan 24-30, 2019
1/22/2019 – Shepherd Express

Shutdown could stall affordable housing funds
1/16/2019 – Finance & Commerce

Our view: Affordable Housing: New apartment projects will boost prosperity
11/2/2018 – The Free Press Editorial Board

State announces $87 million for affordable housing
11/2/2018 – Finance & Commerce

Le Sueur Meadows expansion backed by state funding
11/2/2018 – Le Sueur County News

Funding paves way for more affordable housing projects
11/1/2018 – The Free Press

Grand opening of new affordable housing complex in Mankato
10/30/2018 – KEYC Mankato News

Dublin Crossing brings workforce housing to Mankato
10/30/2018 – The Free Press

A Step Above: Developers finding new housing options for moderate-income renters
9/13/2018 – Affordable Housing Finance

More places to call home: New report highlights housing as single best investment for Minnesota’s economy
9/13/2018 – Saint Paul & Minnesota Foundations

Eden Prairie church redevelopment would bring affordable senior housing
9/11/2018 – Minneapolis/St. Paul Business Journal

New housing vs. used: Nonprofits try new tactic in affordability wars
8/31/2018 – Pioneer Press

Subject Matter Expertise
Looking for an expert to comment on an issue?
Contact Derek Madsen to schedule an interview.
Our staff members have expertise in these areas:
• Affordable Housing Development & Financing
• Community Development
• Community Revitalization
• Eviction Prevention
• Long-Term Homelessness/Supportive Housing
• Naturally Occurring Affordable Housing (NOAH)
• Social Impact Investing

CommonBond’s Annual Report
2020 Annual Report

CommonBond Communities