Build Wealth Mn Inc

BUILDING EQUITY DOWN PAYMENT ASSISTANCE

ECONOMIC OPPORTUNITY - HOMETOWN

IN SUPPORT OF NEIGHBORHOOD REVITALIZATION

SEE PART IV

to support Build Wealth MN's 20th Anniversary Gala

HUMAN SERVICES

BUILD WEALTH MINNESOTA (BWM) WILL SCALE LOW-BARRIER MORTGAGE LOAN PROGRAMS TO INCREASE BLACK HOMEOWNERSHIP BY 15% IN THE TWIN CITIES. THE 9,000 EQUITIES FUND WILL LEVERAGE PHILANTHROPIC AND PUBLIC INVESTMENT TO TRANSFORM MORTGAGE LENDING BY PROVIDING 9,000 LOW-BARRIER MORTGAGE LOANS TO BORROWERS WITH LOW INCOMES. BWM PLANS TO RAISE $100 MILLION IN CAPITAL NEEDED FOR A PERMANENT REVOLVING MORTGAGE LOAN FUND TO ACHIEVE ITS GOAL OVER 10 YEARS. FINANCIAL COACHING AND TRAINING WILL PREPARE A PIPELINE OF HOMEBUYERS TO RECEIVE DOWN PAYMENT ASSISTANCE AND AN AFFORDABLE MORTGAGE FOR SUSTAINABLE HOMEOWNERSHIP. AFFORDABLE MORTGAGE LOANS AND LONG-TERM ASSISTANCE BY BWM WILL GROW EQUITY IN THEIR HOMES AND LEAD TO WEALTH CREATION BY BLACK FAMILIES.

For lending and seed capital for the 9000 Equities Targeted Mortgage Program

GENERAL OPERATING SUPPORT

ECONOMIC OPPORTUNITY - HOMETOWN

OPERATIONAL SUPPORT

CHARITABLE DONATION

BUILD WEALTH MINNESOTA (BWM) WILL SCALE LOW-BARRIER MORTGAGE LOAN PROGRAMS TO INCREASE BLACK HOMEOWNERSHIP BY 15% IN THE TWIN CITIES. THE 9,000 EQUITIES FUND WILL LEVERAGE PHILANTHROPIC AND PUBLIC INVESTMENT TO TRANSFORM MORTGAGE LENDING BY PROVIDING 9,000 LOW-BARRIER MORTGAGE LOANS TO BORROWERS WITH LOW INCOMES. BWM PLANS TO RAISE $100 MILLION IN CAPITAL NEEDED FOR A PERMANENT REVOLVING MORTGAGE LOAN FUND TO ACHIEVE ITS GOAL OVER 10 YEARS. FINANCIAL COACHING AND TRAINING WILL PREPARE A PIPELINE OF HOMEBUYERS TO RECEIVE DOWN PAYMENT ASSISTANCE AND AN AFFORDABLE MORTGAGE FOR SUSTAINABLE HOMEOWNERSHIP. AFFORDABLE MORTGAGE LOANS AND LONG-TERM ASSISTANCE BY BWM WILL GROW EQUITY IN THEIR HOMES AND LEAD TO WEALTH CREATION BY BLACK FAMILIES.

FAMILY STABILIZATION PLAN PROGRAM

For general operating support

DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT, EDUCATION

GENERAL OPERATING FUND

For general operating support in recognition of Build Wealth Minnesota's contribution to the GroundBreak Coalition's work groups

CHARITABLE DONATION

GENERAL PURPOSE TO SUPPORT OPERATIONS.

GENERAL OPERATIONS, AFFORDABILITY AND DOWNPAYMENT ASSISTANCE

for general operating support

TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION

TENANT SCREENING

COMMITTED IN 2019 - HOMETOWN - RACIAL EQUITY

GENERAL OPERATIONS

For general operating support and one-time capital support to assist with office relocation to the new Thor Headquarters at Penn and Plymouth Avenue north Minneapolis

For general operating support and one-time capital support to assist with office relocation to the new Thor Headquarters at Penn and Plymouth Avenue north Minneapolis

FOR GENERAL OPERATIONS TO PROVIDE COMPREHENSIVE, LONG-TERM FINANCIAL EDUCATION COUPLED WITH FINANCIAL COACHING TO HELP FAMILIES BECOME ECONOMICALLY SELF-SUFFICIENT AND BUILD ASSETS.

FAMILY STABILIZATION PLAN PROGRAM - 348875