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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

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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.

SP

St Paul, MN

Municipality in Minnesota

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United States

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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.

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