Case Study: Minneapolis American Indian Center reopens expanded community space with financing from Sunrise Banks

Inside the Project: Minneapolis American Indian Center

The Minneapolis American Indian Center, a vital community hub since 1975, required significant maintenance repairs and upgrades to its aging facility to continue serving Minnesota’s Indigenous communities. To address this challenge, the center secured financing from Sunrise Banks, which provided a combination of New Market Tax Credit allocation and bridge loan financing for the $32 million renovation and expansion project.

Sunrise Banks provided $12 million in New Market Tax Credit allocation and $11.3 million in bridge loan financing to support the project. This solution enabled a two-year renovation that nearly doubled the size of the original building, adding an expanded gymnasium, a fitness center, new meeting spaces, a dedicated teen center, and a preserved public art mural. The result is a modernized facility equipped to offer enhanced programs, services, and amenities, ensuring the Minneapolis American Indian Center can serve as a beacon for the community for decades to come.

Minneapolis American Indian Center