Aeon

Aeon and partners begin construction on Exodus affordable-housing project in downtown Minneapolis

Aeon and its partners have begun construction on Exodus, a comprehensive rehabilitation and addition to an existing eight-story building adjacent to St. Olaf Catholic Church…

So many hurdles: Lack of affordable housing remains a serious problem for Twin Cities renters, buyers

The United States doesn’t have enough housing. And it certainly doesn’t boast enough affordable housing. Not surprisingly, the same can be said of the Minneapolis-St.…

Aeon to build seniors housing in Big Lake

Aeon, a nonprofit developer, owner and manager of almost 6,000 affordable homes across the Twin Cities market, is expanding to Big Lake, Minnesota. On Dec.…

Minneapolis’ Aeon adds VP of resource development

Minneapolis-based Aeon has added Mary Clem Routhieaux to its leadership team as its new vice president of resource development. Routhieaux will offer leadership in engaging Aeon supporters during this critical time when…

Minneapolis’ Aeon names local COO as new board member

The board of directors with Minneapolis-based housing agency Aeon’ has named Second Harvest Heartland chief operating officer Sarah Moberg as its newest member. Aeon, a non-profit developer, owner and…

Minneapolis’ Aeon names board chair

Aeon, a Minneapolis non-profit that provides housing to people in need, has elected Melissa Downey as its board chair. Downey, who is the Senior Vice…

Aeon opens 70 affordable homes in Twin Cities market

Aeon, a nonprofit developer, owner and manager of affordable homes, has opened 70 new affordable homes in Edina, Minnesota. The property’s name, The Sound on…

Minneapolis’ Aeon names president and CEO

Minneapolis-based affordable-housing developer Aeon has named Dr. Eric Anthony Johnson as the organization’s next president and chief operating officer. Aeon is a nonprofit developer, owner,…

Aeon, Community Development Trust and Minnesota Housing close $4.25 million refinancing of affordable apartments in Minnesota

Aeon, a nonprofit developer and operator in the Twin Cities; The Community Development Trust, a national investor in affordable housing; and Minnesota Housing closed the…

Making rent on time has always been a challenge for many. COVID-19 just adds to the struggle

Even as the multifamily sector has boomed for more than a decade, developers pointed to one major challenge: It simply wasn’t affordable for them to…

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