News & Updates
Updates from the Coalition
![Advancing Black Homeownership through Partnership, Innovation, and Scale](https://groundbreakcoalition.org/wp-content/uploads/2024/05/MyHabitat-homeowner-child-1080x675.jpg)
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.
GroundBreak Welcomes Jeff Aguy to Expanded Project Team
In March, the GroundBreak Coalition announced its inaugural Executive Council and an enhanced...
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.
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.