December 2, 2020
NeighborWorks Home Partners received an award of $60,000 for general operating revenue to support its work creating opportunities for homeownership and supporting successful and sustainable homeownership in the Twin Cities. The award from the Otto Bremer Trust was part of $3.8 million in Minnesota, and $8.6 million regionally.
Jason Peterson, CEO of NeighborWorks Home Partners, said that the funds would support much-needed work to increase homeownership among populations that have traditionally been excluded from the benefits of owning a home.
“Historically, housing policy in the Twin Cities has been discriminatory, excluding people of color from building family wealth and gaining equity through property ownership,” Peterson said. “NeighborWorks Home Partners is committed to making access to owning ahome a possibility for everyone, and eliminating the racial disparities in homeownership rates in the Twin Cities.”
The grant found included 151 recipients, to fund initiatives ranging from youth programming, educational opportunity, job training, housing, and economic vitality.
“With this latest round of grants, we are reminded of the critical need that communities and individuals across the region continue to have as a result of the COVID-19 pandemic and its health and economic impacts,” said Charlotte Johnson, Co-CEO and Trustee, Otto Bremer Trust.