Northmarq proudly donates nearly $160K for affordable housing and unhoused communities
MINNEAPOLIS (Dec. 3, 2024) — On this Giving Tuesday, Northmarq is pleased to announce it has donated nearly $160,000 to nonprofit organizations across the country that are dedicated to helping increase access to affordable housing and support unhoused communities.
These donations occurred through its Northmarq Neighbors program and an annual giving campaign to support Aeon on Give to the Max Day in Minnesota.
“Northmarq is passionate about giving back to our local communities, with a particular focus on housing insecurity and increasing access to affordable housing,” Northmarq CEO Jeffrey Weidell said. “I am proud that we’re able to do that through opportunities like these that are woven into the fabric of our company.”
Northmarq Neighbors provided grants to 26 nonprofits in the U.S.
Northmarq Neighbors is a program focused on providing grants to nonprofits dedicated to supporting affordable housing and reducing homelessness. Since its inception in 2017, Northmarq Neighbors has awarded over $600,000 to various organizations across the country.
This year the Northmarq Neighbors program, through nominations by Northmarq employees, awarded nearly $120,000 in grants to 26 organizations from coast to coast:
Ability Housing in Jacksonville, Florida. | Housing Industry Foundation in Palo Alto, California. | Patriot Affordable Housing, Inc. in Fort Lauderdale, Florida. | in New York, New York. |
Bellwether Housing in Seattle, Washington. | Ignite in | Quad Inc. in | Trinity Center in Austin, Texas. |
Better Housing Coalition in | Lotus Campaign in Charlotte, North Carolina. | San Antonio Food Bank in San | Tulsa Day Center in Tulsa, Oklahoma. |
Chrysalis in | Many Mansions | Sarah’s Circle in Chicago, Illinois. | Wartburg in Mount Vernon, New York. |
Entryway in | New Life Mission in Melbourne, Florida. | SouthEast Effective Development in Seattle, Washington. | Workforce Services-Refugee Services |
Family Gateway in Dallas, Texas. | North Texas Food Bank in Plano, Texas. | St. Joseph the Worker in Phoenix, Arizona. |
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Front Porch Investments in Omaha, Nebraska. | Open Doors in | Tunnel to Towers Foundation in Staten Island, New York. |
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Northmarq helps Aeon raise $100K on Give to the Max Day
With an overlapping passion for supporting increased access to affordable housing, Northmarq has been a longstanding supporter of Aeon — which is a mission-based nonprofit founded in 1986 to help house low-income residents displaced from their homes to make space to build the Minneapolis Convention Center and today owns 5,885 affordable homes across 58 properties and 15 Twin Cities communities.
Give to the Max Day was Nov. 21 in Minnesota, and Northmarq donated nearly $40,000 to Aeon on that day — helping Aeon raise approximately $100,000.
“A focus on improving our local communities is core to who we are at Northmarq, and I am grateful that we are able to do that through our support of a wonderful organization like Aeon,” said Chief Operating Officer Shawn Power, who also serves on Aeon’s Board of Directors. “I’m lucky enough to see the impact of Aeon’s work on a regular basis, and through Give to the Max Day, it was great to see our company, our employees and the greater community also recognize Aeon’s importance in the Twin Cities with such generous support.”
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.