Mission: Aeon's mission is to create and sustain quality affordable homes that strengthen lives and communities. Aeon's vision is that every person has a home and is interconnected within community. An award-winning nonprofit owner, developer and manager of quality affordable housing, Aeon's properties offer affordability to individuals working minimum wage jobs who struggle to pay for housing, food, transportation and health care. Aeon 1) revitalizes neighborhoods by transforming unstable urban sites into thriving, affordable place to live; 2) strengthens residents' housing stability and creates home through its Resident Connections services; and 3) partners to create community assets that provide long-term sustainable solutions to the shortage of quality, affordable housing.
Results: Each year, more than 3,500 individuals and families find home at Aeon 35 properties. Aeon currently offers more than 2,100 apartment and town homes and aims to add 200 affordable apartment homes each year.
Target demographics: Aeon provides high-quality affordable homes to individuals and families, particularly household earning low and moderate incomes and formerly homeless adults and youth.
Direct beneficiaries per year: In 2011, more than 600 formerly homeless adults and youth found home and were linked to life changing services. Annually, more than 3,500 benefit from living at an Aeon property.
Geographic areas served: Aeon offers affordable housing options in the Twin Cities metro, including Minneapolis, St. Paul, Brooklyn Center, Chaska and Roseville.
Programs: Rental operations - aeon owns and operates rental properties which provide housing to very low, low and moderate income persons in the minneapolis/saint paul metropolitan area.
housing development - aeon is an award winning non-profit provider of high quality affordable housing to very low, low and moderate income persons in the minneapolis/saint paul metropolitan area. Aeon creates opportunities for individuals and families to have a safe, decent place to call home. As of december 31, 2014, aeon owns and operates 2,160 units of affordable housing provided to very low, low and moderate income families.
property management - aeon management, llc provides property management services to 2,207 apartment homes as of december 31, 2014.
housing services - asset management services provide for the long-term financial viability, physical quality and affordability of aeon's properties. Resident services and engagement support successful residency and build thriving communities. Aeon partners with social service providers to offer supportive housing services to formerly homeless residents in 500+ homes.