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Geographic Summary

State/County Amount % of Total
Anoka $5,338,799 4.76%
Benton $202,812 0.18%
Blue Earth $300,920.77 0.27%
Carver $216,911 0.19%
Cass $82,675 0.07%
Chisago $449,544 0.40%
Clay $451,177 0.40%
Dakota $69,452,411 61.86%
Isanti $413,163 0.37%
Kandiyohi $106,847 0.10%
Lake of the Woods $206,465 0.18%
Le Sueur $265,188 0.24%
Lyon $2,695 0.00%
Mcleod $40,312 0.04%
Meeker $33,061 0.03%
Mille Lacs $70,257 0.06%
Nicollet $549,773 0.49%
Nobles $31,437 0.03%
Olmsted $1,703,076 1.52%
Polk $228,592 0.20%
Ramsey $7,081,644 6.31%
Rice $76,455 0.07%
Scott $1,487,288 1.32%
Sherburne $322,166 0.29%
St. Louis $57,907 0.05%
Stearns $142,082 0.13%
Todd $266,349 0.24%
Washington $2,030,940 1.81%
Watonwan $2,032 0.00%
Wright $2,183,951 1.95%
New Haven $2,323,658 2.07%
New York
Albany $227,715 0.20%
Monroe $436,579 0.39%
Orleans $214,320 0.19%
Saratoga $187,530 0.17%
Ulster $186,538 0.17%
Warren $377,541 0.34%
Norht Dakota
Bowman $138,137 0.12%
Burleigh $294,334 0.26%
Cass $624,504 0.56%
Williams $38,035 0.03%
South Dakota
Brookings $173,336 0.15%
Meade $194,279 0.17%
Yankton $8,375 0.01%
Total $112,270,062 100.00%
MI3 map

As of 09.30.22 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 have spanned 32 different counties in Minnesota (plus investments in CT, ND and SD) totaling more than $112 million
  • 560 - Low income Single Family mortgages, totaling $101.3 million
  • 14 - Affordable Multi-Family projects, totaling $10.8 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 $250,000
  • 100% of borrowers earn less than 80% of area median income (AMI)”