News & Updates
Updates from the Coalition
GroundBreak Announces Request for Proposals for Financial Managers
Today, the GroundBreak Coalition announced its Request for Proposals (RFP) to grant long-term contracts to Low-Cost, Patient Capital Pool and Guarantee Pool Financial Managers. The GroundBreak Coalition is working to unlock over $5.3 billion over the decade to expand...
Bridging to Impact in 2024: GroundBreak’s Inaugural Executive Council and Temporary Operating Infrastructure
We are pleased to announce the members of GroundBreak’s inaugural Executive Council and Project Team. Learn how GroundBreak is updating its governance and operations to achieve its ambitious agenda!
GroundBreak Coalition’s Path on Rental Housing
A key area where we have more work to do, as a Coalition and as a state, is in addressing the affordable housing crisis. Where we live determines everything, and stable housing underpins every other wealth-building activity. However, for too many MSP residents, particularly families earning less than 40% of area median income (AMI), there is an acute shortage of rental housing that is affordable. Identifying long-term and permanent breakthroughs in this area is critical for our region and for GroundBreak’s vision of a future where every resident, no matter their race or background, has the opportunity to build wealth and achieve their aspirations in MSP.
GroundBreak Coalition Shares Progress Toward Ambitious Vision During Community Briefing
On October 31, GroundBreak Coalition announced an early collective financial commitment of nearly $1 billion to expand wealth building opportunities, with a current focus on aspiring Black homeowners, entrepreneurs, and commercial developers. The news was shared with nearly 200 community members including nonprofit, philanthropic, public, and private sector leaders at Sabathani Community Center in Minneapolis. See highlights from the event.
In the News
In the News
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Other Coalition Updates
See GroundBreak Coalition workgroup recommendations, monthly update call recordings, and past meeting summaries.