Is it possible to change the location of the EF Migrations “Migrations” folder?

In the configuration class constructor add this line:

this.MigrationsDirectory = "DirOne\\DirTwo";

The namespace will continue to be set as the namespace of the configuration class itself. To change this add this line (also in the configuration constructor):

this.MigrationsNamespace = "MyApp.DirOne.DirTwo";