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Geographic Summary

State/County Amount % of Total
Minnesota
Anoka $5,830,780.38 5.19%
Benton $226,879.33 0.20%
Blue Earth $324,245.77 0.29%
Carver $307,018.39 0.27%
Cass $83,969.29 0.07%
Chisago $476,544.51 0.42%
Clay $458,628.19 0.41%
Dakota $13,010,141.12 11.59%
Dodge $230,910.70 0.21%
Fillmore $18,374.42 0.02%
Hennepin $71,997,837.71 64.14%
Isanti $430,223.33 0.38%
Kandiyohi $109,062.26 0.10%
Lake of the Woods $210,131.36 0.19%
Le Sueur $269,543.31 0.24%
Lyon $2,765.62 0.00%
Mcleod $41,186.51 0.04%
Meeker $39,212.38 0.03%
Mille Lacs $84,676.71 0.08%
Nicollet $596,707.63 0.53%
Nobles $37,286.21 0.03%
Olmsted $1,520,708.91 1.35%
Polk $255,718.72 0.23%
Ramsey $6,125,018.87 5.46%
Rice $77,651.54 0.07%
Scott $1,575,832.49 1.40%
Sherburne $363,049.90 0.32%
St. Louis $76,516.31 0.07%
Stearns $165,236.70 0.15%
Washington $1,840,101.48 1.64%
Watonwan $2,111.98 0.00%
Wright $2,374,654.80 2.12%
Connecticut
New Haven $2,579,874.18 2.30%
North Dakota
Burleigh $43,516.70 0.04%
Cass $421,921.32 0.38%
Williams $42,005.23 0.04%
South Dakota
Yankton $8,694.68 0.01%
Total $112,258,738.94 100.00%
MI3 map

As of 12.31.21 Source: RBC GAM, Tableau

Note: Subsidized housing resident data is only available for assisted housing subsidies under the following HUD programs: public housing, tenant-based, and privately owned, project-based; Data is provided by the U.S. Department of Housing and Urban Development.

Impact Summary

Investment Summary Statistics

  • RBC Access Capital investments for MI3 span 32 different counties in Minnesota (plus investments in CT, ND and SD) totaling $112 million
  • 560 - Low income Single Family mortgages, totaling $100.9 million
  • 12 - Affordable Multi-Family projects, totaling $10.5 million, providing 766 rental units
  • 2 - Health Care Facilities/Nursing Homes, totaling $630k, providing 200 beds/units
  • 3 - Small Business Loans (Manufacturing/Landscaping/Healthcare/Retail) totaling $161k

The Minnesota Impact Investing Initiative supports home ownership for:

  • 560 affordable mortgages for low-moderate income (LMI) families
  • Average loan is $243,840
  • 100% of borrowers earn less than 80% of area median income (AMI)”