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Leanna is with At Homes Apartments since 2007, providing multifamily housing <br />that is locally owned and managed. At Home Apartments is a longterm owner of <br />apartment buildings and townhomes. They own 1,000 units in suburban <br />communities such as Eagan, Mendota Heights, and White Bear Lake. <br />Max Musicant, The Musicant Group. (W: <br />Max is the founder of The Musicant Group, helping to create places where <br />people want to be. They work across all types of communities,. supporting events <br />and activities that enhance communities and commercial uses. Some examples <br />include: 501 and France Business Association events, Rice and Larpenteur,. and <br />Vadnais Heights (placemaking activation). <br />a Griffin Rondo Community Land Trust: MG <br />Rondo Community Land Trust is the first carrrriurity land trust in the state. of <br />Minnesota, providing a shared equity model''84 perrr anently.affordable <br />homeownership and. affordable commercial property. Dur geography includes all <br />of Ramsey County. One ofour most recent projects is a rnixed_use development <br />that includes commercial space for local businesses and affordable senior <br />housing. Community land trusts provide;place-based solutions'for.small <br />businesses to stay in business (offering spaces that`would be $25 per square <br />foot. at $7 per square foot} Rondo CLT is'ciirrentlg' working with the'City of <br />Shoreview to provide townhomes at 80% AIVI[ (area median income). <br />What is AMI? <br />It stands for area median;income whichis a <br />measured. The federal Der a . ment of`Hou: <br />ar ana;: <br />neighb <br />egional <br />a family <br />ic;against which affordability is <br />trig Ulrban Development (HUD) <br />asures fa(family size. it represents a <br />1. The average income levels in many <br />ge. The area median income (AMI) in <br />is $1180200. <br />.-land. from the speculative market and places it in <br />e Ian d is put in trust, and, the owner only pays for the. <br />I will pay°$500 less for a monthly mortgage payment. If <br />home, 75% of the increased equity goes back into the <br />d to another low-income owner. <br />O'Connell, WW"roperties [MO) <br />MWF Properties'was founded in 1999 to provide affordable multifamily housing. <br />They own 2,200 units of affordable workforce housing at 6011/6 AMI or less. Marty <br />provides market analysis and construction management. They also have an in- <br />house management companyfor their properties. Their properties are located.in <br />Vadnais Heights, Hugo, and Moundsview, among others. <br />2Page <br />