The affordable housing dilemma — we can’t win without innovation
Ten thousand people will be homeless tonight in Minnesota. “But unfortunately,” explains Aeon CEO Alan Arthur, “this is only the tip of a massive iceberg already completely formed, created by 40+ years of political, social and market forces that have led us to the greatest shortage of affordable housing in our country since the early 1900s.”
That’s why Aeon is actively seeking new ways to provide more quality homes in the greater Twin Cities area, and new partners to advance our work. Your support of Aeon fuels our efforts to close the gap on affordable housing in our community, and with the dollars you invest, the time you volunteer and your advocacy for our cause we are innovating sustainable solutions. Especially for those facing the greatest barriers to finding the safe, stable homes that are the foundation for so much more — improved health, success in education, employment and other achievements.
Last week, Aeon was honored with the Minnesota Council of Nonprofits Mission Award in Innovation for our work on The Rose — one of the greenest, most sustainable, most energy- and water-efficient, most materials-healthy affordable housing projects in the country. When projections showed that Aeon and our residents would spend at least $130 million in energy and water expenses over the next 20 years, we decided it was time to think differently. By making efficiency a priority we reduced these expenses to use the dollars you invest more effectively.
This recognition comes as Aeon celebrates 30 years of service providing quality affordable homes in our community. We are grateful to you — our supporters, to the Minnesota Council of Nonprofits, and to our nonprofit peers who honored us with their votes. We also want to recognize our fellow Mission Award recipients:
- Page Education Foundation for its Anti-Racism Initiative
- Friends of the Boundary Waters Wilderness for Advocacy
- Minnesota Initiative Foundations for Responsive Philanthropy
- Wayside House, Inc., for the Nonprofit Excellence Award
Thank you for all the good you have done and will do, today and every day, to make our community a better place. There is so much more that we can do and together, we will.
Watch the video that was presented at the MCN award ceremony here:
Building bridges to cross the class divide