Geographic Summary
| State/County | Amount | % of Total |
|---|---|---|
| Hennepin | $75,502,852.88 | 58.24% |
| Anoka | $16,831,920.69 | 12.98% |
| Dakota | $12,908,654.9 | 9.96% |
| Ramsey | $7,346,178.86 | 5.67% |
| Wright | $2,328,255.04 | 1.80% |
| Washington | $1,865,968.39 | 1.44% |
| Olmsted | $1,597,796.8 | 1.23% |
| Scott | $1,404,269.43 | 1.08% |
| Isanti | $707,154.86 | 0.55% |
| Sherburne | $604,188.01 | 0.47% |
| Clay | $594,214.72 | 0.46% |
| Nicollet | $505,440.78 | 0.39% |
| Chisago | $436,646.86 | 0.34% |
| Nobles | $390,680.1 | 0.30% |
| Dodge | $288,714.85 | 0.22% |
| Blue Earth | $280,199.44 | 0.22% |
| Le Sueur | $245,147.77 | 0.19% |
| Kandiyohi | $238,889.19 | 018% |
| Todd | $238,226.56 | 0.18% |
| Polk | $221,772.45 | 0.17% |
| Crow Wing | $218,049.42 | 0.17% |
| Lake Of The Woods | $201,248.38 | 0.16% |
| Statewide | $200,000 | 0.15% |
| Benton | $196,761.45 | 0.15% |
| Carver | $176,947.59 | 0.14% |
| Stearns | $109,041.09 | 0.08% |
| Cass | $80,860.4 | 0.06% |
| Rice | $74,776.56 | 0.06% |
| Mille Lacs | $50,352.78 | 0.04% |
| St. Louis | $42,186.28 | 0.03% |
| Mcleod | $39,107.63 | 0.03% |
| Meeker | 30,776.07 | 0.02% |
| Fillmore | $17,728.19 | 0.01% |
| Lyon | $2598.82 | 0.00% |
| New Haven | $2,388,350.06 | 1.84% |
| New London | $51,935.07 | 0.04% |
| Cass | $594,806.59 | 0.46% |
| Burleigh | $235,358.04 | 0.18% |
| Bowman | $84,103.12 | 0.06% |
| Meade | $184,227.51 | 0.14% |
| Brookings | $105,533.2 | 0.08% |
| Yankton | $7926.33 | 0.01% |
| Total | $129,629,847.16 | 100.00% |
As of 09.30.23 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 spans 34 different in Minnesota totaling $130 million
- 718 - Low income Single Family mortgages, totaling $121 million
- 9 - Affordable Multi-Family projects, totaling $7.6 million, providing 455 rental units
- 6 - Small Business Loans totaling $400k
The Minnesota Impact Investing Initiative supports home ownership for:
- 718 affordable mortgages for low-moderate income (LMI) families
- Average loan amount is $241,000
- 100% of borrowers earn less than 80% of area median income (AMI)