News & Updates
Updates from the Coalition

GroundBreak Coalition Announces Financial Managers for Guarantee and Loan Capital Pools
Mission Driven Finance and Broadstreet Impact Services unanimously selected by local Selection Committees to join the Minneapolis Foundation as financial managers of three major financial pools. Coalition is now seeking proposals for local originating partners to begin distribution of financial resources in 2025.
5 Takeaways from GroundBreak Coalition’s Launch
The launch of GroundBreak Coalition on May 12 was an invitation to financial and corporate institutions, government, and philanthropic and nonprofit leaders to commit to unlocking the wealth potential of historically under-invested communities. The ultimate goal is to mobilize more than $2 billion over 10 years and deploy it to four areas: homeownership, rental housing, commercial development, and BIPOC entrepreneurship. Working together, we know we can position Minneapolis-Saint Paul to lead the nation in committing needed resources to achieve racial and economic justice.
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Other Coalition Updates
See GroundBreak Coalition workgroup recommendations, monthly update call recordings, and past meeting summaries.