Building Equity: Year 3 Results and Key Learnings

The Building Equity in Small Multifamily Ownership initiative developed and implemented strategies to help Black, Indigenous, and People of Color (BIPOC) households build wealth as owner-occupants of small multifamily (2-4 unit) properties over a three year pilot period. The Building Equity initiative is led by a Collaborative of organizations: Family Housing Fund, Hope Community, Build Wealth Minnesota, Model Cities, the Land Bank Twin Cities, the Minnesota Home Ownership Center, Comunidades Latinas Unidas en Servicio (CLUES), the Rondo Community Land Trust, and the Greater Minnesota Housing Fund. Together, we aspire to reduce racial disparities in homeownership and wealth by building a system that supports access to small multifamily ownership. 

This report summarizes the outcomes, successes, challenges, and key learnings from the Building Equity initiative.