The Greater Minnesota Housing Fund (GMHF) is a Community Development Financial Institution (CDFI) that created the Small NOAH program to provide low-cost capital in the form of first mortgage, mezzanine and gap funding to small property owners to preserve unsubsidized affordable housing stock in communities throughout Minnesota.

The Small NOAH funding requires that at least 75% of rental units be income-and rent-restricted at 80% AMI, and 40% of units at 60% AMI or 20% of units at 50% AMI. Up to 25% of units may be unrestricted at market rates.