Program areas at SWMHP
Multi-family development and asset management - Southwest Minnesota Housing Partnership (swmhp) is an experienced developer and manager of residential real estate, with a primary focus on multi-family affordable Housing. Swmhp has developed over 10,000 Housing units and oversees 2,050 rental units in 67 properties located in 30 communities. Asset management services also include capital needs analysis, refinancing for extended affordability or retention of rental subsidies, and other financing review for properties and portfolios.
Development - swmhp helps local units of government, non-profit developers, and other agencies identify and address Housing needs. These services are primarily funded from developer fees, foundation grants, and the Minnesota Housing finance agency. Served 610 units and 1,525 individuals.
Housing and commercial rehab - swmhp brings construction management expertise to oversee rehab and redevelopment projects both residential and commercial in nature, including efforts focused on such goals as: removing health and safety hazards, meeting accessibility requirements, increasing energy efficiency, and increasing marketability in order to ensure quality living for those we work with. The Partnership writes funding requests and administers several Housing rehabilitation programs in the region; including small cities development program (scdp), rental rehabilitation deferred loan (rrdl), home funds, federal home loan bank (fhlb), fixup funds, and other resources.
Counseling/services - swmhp offers counseling services to help people prepare for home ownership or rental options, depending on their needs. The services address credit concerns, educate on household maintenance and upkeep, and help identify financing sources. The Partnership also offers supportive services for eligible residents of two properties. Supportive services include personalized plans designed to help residents address obstacles that may otherwise prevent them from maintaining a stable home, securing employment, and meeting other basic needs. Served 80 units and 200 individuals.