Posts in The Hollows
Q&A: Opara, Bernards work to advance affordable housing, equity

[Originally published by Finance & Commerce, written by Brian Johnson: View Source]

Emerging developer Johnny Opara of St. Paul-based JO Companies crossed the finish line on his first large-scale development — an $18.4 million, 62-unit workforce housing project called The Hollows – with help from financing partners that include Don Bernards, a partner in Baker Tilly’s real estate group...

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Minnesota Developer Gets Workforce Housing Project Across Finish Line with CDFI Financing

[Originally Published on Opportunity Finance Network: View Source]

Since 2018, JO Companies has worked collaboratively with the City of St. Paul to develop a high-quality, energy efficient and equitable development on the east side of the city. One of the company’s latest projects is The Hollows, a four story, 62 unit multifamily workforce housing development.

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The HollowsJO Companies
After 4 years, first-time developer will launch 62-unit apartment building at Payne and East Seventh

[Originally Published On Twin Cities Pioneer Press, Written By Frederick Melo: View Source]

In a prior life, Johnny Opara spent 17 years in business-to-business sales with Medtronic, CenturyLink, Cox Automotive and International Paper. The first-time developer may have just cleared his biggest sale yet — convincing the city of St. Paul to back a 62-unit, $18.7 million affordable-housing development just east of downtown.

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The HollowsJO Companies