Commercial Development Fund
Commercial Development Fund is building the happiest places on earth where the young at heart of all ages may find a welcoming place to call home. All nationalities. All languages. All incomes. All smiling. All having fun together.
The lack of affordable housing is affecting many people across our country, including right here in Minnesota. This is the right opportunity and the right time to act. For more than 20 years, Commercial Development Fund has cared for and invested in housing to make a real and meaningful impact in our community by tapping into the best of our organization’s strengths.
“We will continue to find ways to use our resources to be effective,” said Aaron Lux, President of Commercial Development Fund. “We are excited to create a repeatable model that will inspire other organizations and governments to build attainable housing in their own communities.”
After a thorough search for partners who share our vision of building truly integrated and balanced living patterns, we chose the FHA and HUD for their long-standing experience providing comprehensive solutions to building and managing affordable housing communities.
This initiative will help offer a viable solution to one of the nation’s greatest challenges and will support and build upon US Treasury, FHA, and HUD action plans to address housing affordability for local residents, an action plan brought about by the passion and leadership of the President.
The development is expected to be privately financed and open to applicants within a certain income range.
There are so many other reasons how Commercial Development Fund is building the happiest place on Earth, and this is just a small sampler. To truly understand at its core how Commercial Development Fund will build the happiest places on Earth all lies in experiencing the magic firsthand.
