What used to be an intersection blemished with broken-down gas stations, drug trafficking and prostitution is now a center for development and community rejuvenation on Franklin Avenue.
Aeon board member selected as one of 40 under 40 honoreesMinneapolis/St. Paul Business Journal - January 2009
Awale Rage, an Aeon board member, was recently selected by the Minneapolis/St. Paul Business Journal as one of the "40 under 40" honorees that recognizes the region's up-and-coming business and community leaders.
Home for the HolidaysStar Tribune - December 20, 2008
The Twin Cities area is home to dozens of nonprofits that help people find housing. Aeon hopes to revitalize a once-blighted intersection in south Minneapolis with an ambitious new development.
A painful choice for homeless youth: a place to live or an educationMinnPost.com - December 19, 2008
Rep. Keith Ellison met with formerly homeless students who live at Aeon's St. Barnabas Apartments. The youth asked Ellison to change a law that prevents them from going to school full time.
Students forced to choose between housing and educationKARE 11 News - December 17, 2008
To get into Aeon's St. Barnabas Apartments, federal tax laws requires formerly homeless youth to give up their full-time student status. Youth met with Congressman Ellison to ask for help in changing the law.
A remarkable recoveryHousing for all Americans - December 2008
A resident of The Jourdain was highlighted in Housing for all Americans, a magazine publication of Affordable Housing Finance.
Minneapolis hosts first 20/20 Community Development ExpoFinance & Commerce - November 25, 2008
Alan Arthur, president and CEO of Aeon, was honored among other community developers at the 20/20 Community Development Expo.
Delays could mean changes for Heights of ChaskaStar Tribune - November 18, 2008
A Star Tribune article about a proposed development in Chaska mentioned Aeon's Clover Field Marketplace, which opened in October 2008.
Chaska, Minn., planned community opensReal Estate Journal - November 3, 2008
Aeon, a Minneapolis-based nonprofit has opened Clover Field Marketplace, their first suburban development, in Chaska, Minn.
Nonprofit Aeon opens Clover Field MarketplaceFinance & Commerce - October 30, 2008
Minneapolis-based nonprofit Aeon celebrated the grand opening of its first suburban housing development, Clover Field Marketplace, in Chaska on October 29.
From housing to homeTwin Cities Business magazine - November 2008
With the housing market in turmoil and low-income people in particular struggling with foreclosure
– or with simply making their lives function financially
– the need for affordable housing may be as great as it’s ever been. That means that business will continue to be brisk for Minneapolis-based nonprofit Aeon.
A new lease on lifeTwin Cities Business Magazine - October 2008
Thanks to the new home and condo busts, rental projects are
– once again
– hot property, and developers are taking notice. Can they build enough to meet the demand?
Tax credits fit for shoe factory renovationStar Tribune - October 9, 2008
An old shoe factory on the edge of downtown St. Paul is a step closer to becoming affordable housing. The Renaissance Box building
– a project of Aeon
– was awarded about $967,000 in federal low-income housing tax credits Wednesday by the St. Paul Housing and Redevelopment Authority board (HRA), which is made up of City Council members.
Losses at mortgage giants hurt affordable-housing developersFinance & Commerce - September 25, 2008
Financial turbulence is having an impact on the housing stock that’s affordable for the poorest households in Minnesota. That’s because those big mortgage-focused financial enterprises were not only the nation’s most aggressive home loan lenders, but were also the largest investors in low income housing tax credits (LIHTC) – the biggest, most reliable source of equity for affordable-housing developers.
Hard Hat: The WellstoneMpls St.Paul Magazine - August 2008
Minneapolis nonprofit partners Aeon and Hope Community teamed up for the long-haul redevelopment of a hardscrabble urban corner, billed as the Franklin Portland Gateway.
Aeon Highlighted on Air AmericaAir America - July 2008
As a guest on the Considering Faith: Common Ground for Common Good broadcast, Aeon President Alan Arthur spoke about the need for affordable housing in the Twin Cities community
– and how Aeon responds by creating quality affordable homes.
Meeting the green preservation challengeNational Housing Trust newsletter - May 29, 2008
The challenge of greening existing affordable housing begins in the early planning stages of the development, before construction begins.Ripley Gardens grows on youStar Tribune - May 24, 2008
Ripley Gardens
– $16 million affordable living complex in north Minneapolis
– earns awards and makes dreams come true.
Turning a cornerAffordable Housing Finance - May 2008
After two freeways cut off the Phillips neighborhood from Minneapolis’ central business district in the 1960s, Aeon is partnering with Hope Community to redevelop the corner of Franklin and Portland Avenues.
Aeon recognized for efforts to help homelessFinance & Commerce - January 2008
Minneapolis-based Aeon won national recognition and a $10,000 grant in January 2008 from the Fannie Mae Foundation and the Partnership to End Long Term Homelessness in support of its efforts to end homelessness among young people.
Caroline Horton: Growth Opportunities within a Growing OrganizationBridgestar - January 2008
When Caroline Horton returned to Minneapolis in 1998 from a two-year stint as an AmeriCorps volunteer working in a battered women’s shelter, she planned to use her degree in business administration and accounting to land an auditing job with a major public accounting firm.
