Latest News & Updates

multifamily property in minnesota

Building Equity in Small Multifamily Ownership Initiative Completes Year Two

(Image credit: Family Housing Fund)

Land Bank Twin Cities has been partnering with Hope Community, Inc.Build Wealth MNModel Cities of Saint Paul, Inc.CLUESRondo Community Land TrustFamily Housing Fund,  Minnesota Homeownership Center and the Greater Minnesota Housing Fund to help The Building Equity in Small Multifamily Ownership initiative reach its goals.

Two Years Down, One to Go

The three-year project recently completed year two in its quest to help Black, Indigenous, and people of color (BIPOC) households build wealth as owner-occupants of small multifamily (two-to-four-unit) buildings.

Through April 2023, the program has helped 74 participants buy homes or become owner-occupants of duplexes or triplexes – almost all identified as BIPOC, and about three-quarters were low-income.


Land Bank President Aarica L. Coleman

Land Bank New President Announcement

We are excited to announce our new president, Aarica L. Coleman! She is an economic redevelopment expert with 20 years of experience leading large-scale projects.