Geographic Summary
| State/County | Amount | % of Total |
|---|---|---|
| Minnesota | ||
| 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% |
| Connecticut | ||
| 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% |
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)”