St. Paul Needs Assessment

St. Paul Needs Assessment

CTG- St.Paul

The present racial inequities in homeownership and entrepreneurship in Saint Paul are inextricable from the city’s history. While the Twin Cities have grown and maintained as a headquarters for billion-dollar companies across industries, BIPOC communities have been systemically excluded from wealth building opportunities, and in some cases have had their wealth destroyed, like in the case of the destruction of the Rondo community. The impact of this history has contributed to the Twin Cities having the starkest racial inequities in the United States across all areas of quality of life.


As Saint Paul reckons with the challenges of its BIPOC residents, the city has tremendous opportunity and assets to bring to bear in rectifying these injustices and creating a more inclusive, equitable, and vibrant city. While this research focused on the opportunities to increase BIPOC homeownership and entrepreneurship as key pathways for building multigenerational wealth, action in these areas must be undertaken in concert with advancing equity in other areas crucial to wellbeing and mobility, such as health, education, rental markets, workforce development and policy, and transportation.


More Resources

Beyond 5: Business Survivability Study for New Majority Entrepreneurs

Beyond 5 is a Business Survivability Study for New Majority Entrepreneurs produced by 1863 Ventures with funding from Living Cities, Surdna Foundation, Wells Fargo, M&T Bank, Capital One and Georgetown University. The 1863 Ventures team found that Black and brown businesses survive at least 8.5 years, compared to the median of six years. What would it take to support BIPOC …

Takeaways from Our Discussion about Equitable Small Business Opportunity and Good Jobs Tied to Infrastructure and Climate Investments

Promoting business opportunities for all, while creating good jobs and developing shovel worthy infrastructure and climate action projects, is not a pipe dream. And yet our traditional ways of operating won’t get us there. Simple spending more, rather than smarter and more fairly, won’t be enough. Business as usual is neither inclusive, protective or coordinated enough, and it often lacks …

Living Cities, Urban Institute Research Report: A Landscape Scan of Homeownership for Households of Color

Homeownership has been a primary wealth-building opportunity in the U.S., and can impact a family’s economic outcomes across generations. Living Cities partnered with the Urban Institute to provide data for the six cohort cities, the five states where these cohort cities are located, and nationally around homeownership for households of color. The research report, “A Landscape Scan of Homeownership for …

Living Cities Blended Catalyst Fund 2022 Annual Report

This report summarizes Living Cities Blended Catalyst Fund’s (“BCF” or the “Fund”) activities during its seventh year of operations, from July 1, 2021, through June 30, 2022 (FY22). The BCF portfolio is a collection of investments that work to test innovative investment approaches to address the racial wealth gap, shift power within capital systems, and achieve better outcomes for all …

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