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Man becomes first Rondo descendant to receive Inheritance Funds

First Rondo descendent buys home using St Paul s Inheritance Fund

A young St. Paul man is the first person to buy a home using the city’s Inheritance Fund. The goal of the new program is to rebuild intergenerational wealth for the descendants of people in the historically Black Rondo neighborhood who lost their homes and businesses to Interstate 94 in the 1950s.

Opening Doors to Black Homeownership

The gap between Black and white homeownership rates in 2022 was wider than it had been in 1960. Habitat for Humanity is leveraging a generous donation and government assistance to expand the number of homeowners in priority markets.

St Paul soon to launch forgivable housing loan program for former Rondo residents

St Paul is on the cusp of launching Inheritance Fund for descendants of Rondo neighborhood

St Paul is on the cusp of launching Inheritance Fund for descendants of Rondo neighborhood
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