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St Paul, MN addresses long-term impacts of I-94 development with Rondo Inheritance Fund

St Paul, MN Rondo Inheritance Fund I-94 Development

Завършен

Six hundred families were displaced from the Rondo neighborhood by the 12-year interstate project starting in 1956. The Inheritance Fund offers up to $100,000 for new home purchases within city limits for direct descendants of affected residents. The Fund's Homeowner Rehab Program issues no-interest loans of up to $55,000 for qualifying home repairs. An additional $10,000 and $25,000 are available for home purchases and repairs, respectively, within the Rondo neighborhood.

Finance Affordable Housing Equity Diversity & Inclusion

St Paul, MN

Municipality in Minnesota

United States

Links

Inheritance Fund | Saint Paul Minnesota

Inheritance Fund A cornerstone initiative of Mayor Melvin Carter, the Inheritance Fund is an innovative and people-centered program that affords low-income families from Saint Paul’s historic Rondo Neighborhood the opportunity to rebuild wealth through homeownership.

Важни новини

City of Saint Paul Opens Applications for Rondo Inheritance Fund | Saint Paul Minnesota

Eligibility forms for Inheritance Fund assistance for descendants of Old Rondo now included in the Downpayment Assistance and Homeowner Rehab programs

Heart

The Rondo neighborhood of St. Paul, once a lively and vibrant epicenter, was divided into two by the construction of I-94 in the 1950s. Hundreds lost their homes and were displaced. Decades later, the city of St. Paul is looking to make amends.

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