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s <br />• <br />• <br />~~ <br />Portland Place <br />fi ~'`~ ~~ Gr1H(' Eirovided <br />%= <br />~, '~= pi ~2e~elopment funds <br /> to Prr3}ect for Pride~rh <br />:~~ , Livina to create 52 <br /> new homeownership <br /> units for a rnixed <br />~-~- income housing <br /> <br />~ <br />~ prpject in the Phifl'~;~s <br />~ <br />, ~~ ~ neighbonc~od it <br />~.. <br />Minneaaofis. <br />Single Family Nome <br />Ownership Program <br />^ GMHC in cooperation with public <br />agencies, neighborhoods, etc. builds <br />and/or renovates single family <br />homes in the metro area. <br />^ The majority of thehomes ire sold <br />to persons of lover to moderate <br />' income who are typically first time <br />homebuyers, <br />`~ Single Family, Cont. <br />^ Since inception, GMM~C has <br />constructed or renovated 1,245 <br />homes with a total development cost <br />of over $110,000,000 <br />3 <br />