Minnesota Housing Initiatives

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Emerging Markets Homeownership Initiative

Background

The Emerging Markets Homeownership Initiative (EMHI) is a collaborative public-private partnership to close the homeownership gap in Minnesota with participants from about 50 organizations. Governor Pawlenty officially launched the initiative on June 28, 2004, with the charge of developing a business plan that will increase homeownership in communities of color throughout the state "significantly and dramatically" by 2012.  Minnesota Housing is a proud supporter of EMHI.

Conveners

The three lead conveners of the initiative are Fannie Mae (www.fanniemae.com), the Federal Reserve Bank of Minneapolis (www.minneapolisfed.org) and the Minnesota Housing Finance Agency.

EMHI Business Plan

EMHI Business Plan Executive Summary

Minnesota Housing is a proud sponsor & partner of the Emerging Markets Homeownership Initiative (EMHI), a collaborative public-private partnership, whose goal is to increase homeownership among households of color & Hispanic ethnicity in Minnesota.