Homeownership Opportunity Alliance wants to help 64,000 households of color get "Get Ready, Be Ready" Homeownership has long been touted as a way to build wealth and community. But in the past 10 years, African Americans have seen a decline in homeownership rates, dropping from 29 percent to 23 percent. Even worse, African Americans in Minnesota face one of the largest … [Read more...]
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Recent data from the Urban Institute shows that racial disparity in homeownership rates are highest in the Northeast and Midwest, with Minneapolis claiming the biggest divide — a whopping 50 percent difference between Black and White homeownership rates. Panelists at Sister Spokesman's "Keys to Homeownership" on May 5 spoke on such disparities and offered information and … [Read more...]
When North Minneapolis was separated and isolated by highways it was a big deal, and similarly, we need big ideas and plans to reverse that tragedy in order to address the housing needs of the current and future residents. Below, I have listed some ideas that I thought about as long- and short-term solutions. They do not necessarily need to be taken at face value, but I hope … [Read more...]
Kindred Kitchen is advancing the possibilities of shared kitchen spaces. Billed as a “hub” for food entrepreneurs, the 24/7-access licensed kitchen facility has served the Northside community from 1206 W. Broadway Avenue in Minneapolis since 2010, when it launched under the urban development nonprofit Catalyst Community Partners. Since its beginning, the organization has … [Read more...]
Suppliers of color are the country’s fastest growing business sector First of two parts The University of Minnesota’s Office for Business and Community Economic Development (OBCED), since its inception in 1999, has demonstrated steady growth in using Black-owned vendors, women-owned vendors, and vendors owned by other people of color. Its Supplier Diversity Program was … [Read more...]