Mission Statement
Mission: Build stable homes, strong futures, and vibrant communities.
Vision: Every person has a dignified, affordable home that supports independence and advancement within a flourishing community.
Impact and Programs
Accomplishments
In 2024, CommonBond provided affordable homes for 12,668 residents and served 5,102 individuals through our Advantage Services program.
2024 ADVANTAGE SERVICES OUTCOMES:
Stability and Independence:
82% of housing exits were positive or neutral (goal 80%)
94% of households with a lease violation in the previous 12 months maintained housing at CommonBond or exited positively (goal 90%)
5,102 residents received support from Advantage Services (goal 5,000)
Education and Advancement:
1,025 residents received employment and/or financial services (goal 1,000)
220 youth participated in youth programming (goal 200)
80% of youth developed a positive relationship with a caring adult (goal 85%)
89% of teens engaged in future planning (goal 85%)
Health and Wellness:
245 individuals participated in Health and Wellness programs (goal 200)
89% of exercise class participants maintained/improved strength/coordination (goal 75%)
82% reported no falls (goal 75%)
Community Building and Engagement:
2,704 residents participated in community-building activities (goal 2,000)
276 residents held active leadership roles in the community (goal 250)
Arts and Aging:
125 residents participated in the program (goal 100)
80% formed new or stronger relationships (goal 75%)
87% increased their confidence in creating art (goal 75%)
Current Goals
2025 Advantage Services Goals:
Stability and Independence: 80% of housing exits are positive or neutral, 90% of households with a lease violation in the previous 12 months maintain housing at CommonBond or exit positively, and 85% of households are current on rent payments. 5,000 residents receive support from Advantage Services.
Education and Advancement: 1,200 residents receive employment and/or financial services and 25% of households with earned income increase their household income by an average of $3,000 per year. 200 youth participate in youth programming, 85% of youth develop a positive relationship with a caring adult, 80% of Study Buddies participants improve their reading level, and 85% of teens engage in future planning.
Health and Wellness: 200 individuals participate in Health and Wellness programs, 75% of exercise class participants maintain/improve strength/coordination, and 75% report no falls.
Community-Building and Engagement: 2,000 residents participate in community-building events and activities and 250 residents hold active leadership roles in the community.
Arts and Aging: 100 residents participate in the program, 75% form new or stronger relationships, and 75% increase their confidence in creating art.
Community or Constituency Served
CommonBond provides affordable housing with supportive services for individuals and families with low incomes. Each year, we serve nearly 13,000 residents including families, youth, seniors, people who have experienced homelessness, veterans, and people with disabilities. Approximately 65% of residents are BIPOC/people of color. Approximately 70% of households have extremely low incomes at or below 30% of the Area Median Income (AMI). The average household income is $22,412.
Geographic Area Served
CommonBond serves Minnesota, Wisconsin, Iowa, and South Dakota. We primarily serve the state of Minnesota (86% of total housing units).
