News & Updates
Updates from the Coalition
GroundBreak Coalition Mid-Year Update
As we find ourselves just past the mid-year point, the GroundBreak Coalition is inspired by our collective progress and ready to keep the momentum going. Together, we are on our way toward unlocking plentiful capital to expand wealth-building opportunities in our region – and toward keeping that capital flowing.
Q&A with Jeff Aguy: GroundBreak’s Visionary Leader on Building New Financial Systems for Aspiring Entrepreneurs and Commercial Developers
Jeff Aguy joined the GroundBreak Coalition in March 2024 to help implement solutions that will unlock unprecedented capital for aspiring entrepreneurs and commercial developers. A born entrepreneur, Jeff is helping build innovative systems and teams that will enable more financing to flow toward new and growing businesses and neighborhood commercial developments in the Minneapolis-St. Paul region and beyond. We interviewed Jeff to learn more about what he sees on the horizon for GroundBreak.
Advancing Black Homeownership through Partnership, Innovation, and Scale
The Advancing Black Homeownership program was developed in partnership with aspiring and current homeowners and industry professionals in 2023. Supported by Twin Cities Habitat for Humanity and the Minnesota Homeownership Center, it helps mortgage-ready Foundational Black renters build generational wealth through homeownership. In 2024, the GroundBreak Coalition was proud to support Advancing Black Homeownership with an initial investment of $1.5 million in capital for the program, which expects to leverage support from multiple partners to provide down payment assistance for 110 new Black homeowners this year.
Commissioner Jennifer Ho joins GroundBreak’s Executive Council as Ex-Officio Member
We are pleased to announce Jennifer Ho, Commissioner of Minnesota Housing, has joined the GroundBreak Coalition’s Executive Council, serving in an ex-officio capacity.
In the News
In the News
Featured Video
Groundbreak Newsletters
Other Coalition Updates
See GroundBreak Coalition workgroup recommendations, monthly update call recordings, and past meeting summaries.