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     121  0 Kommentare Living Cities Grants $3.2 Million Across Six U.S. Cities to Support Wealth Building Pathways - Seite 2

    "We are grateful for the financial investment and opportunity to partner with Citi Foundation, Wells Fargo Foundation, and Living Cities through this equity-driven affordable housing initiative," Mayor Jim Strickland said. "We are also excited to work alongside entrepreneurs of color to co-create business opportunities, refine strategies, and help in the development of a winning growth strategy that will contribute to building stronger communities in our city through education, training, and mentorship."

    "The City of Rochester is grateful to be the recipient of grants totaling $550,201 from Living Cities, Citi Foundation and Wells Fargo Foundation to implement our City's work plans to dismantle barriers for BIPOC homeownership and entrepreneurship," said Rochester New York's Mayor, Malik D. Evans. "We understand that we have made progress, but it will take more work to dismantle decades of institutionalized racism. The City of Rochester is committed to using these funds to bridge the racial wealth gap by administering government policies and programs to increase homeownership and entrepreneurship opportunities for those who've been historically marginalized and underserved."

    "We are doing more than ever before to ensure Black and Native residents have the resources and opportunities to become homeowners. Homeownership is a key pathway to creating generational wealth. Expanding housing options can change the lives of prospective homeowners while creating opportunities for Black and Native developers and contractors. Addressing the needs and potential of these communities builds a better and more equitable Albuquerque," said Mayor Tim Keller. "We are grateful that Living Cities is supporting these wealth-building efforts."

    "Restoring financial well-being has to start at the local level where historically marginalized people can access pathways to home and small business ownership," said Otis Rolley, president of the Wells Fargo Foundation. "We're excited to see how each of the selected cities customizes solutions for the needs of their community as they work to close the racial wealth gap. At Wells Fargo, we are committed to strengthening underserved communities and opening up more ways for people to grow generational wealth."

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    Living Cities Grants $3.2 Million Across Six U.S. Cities to Support Wealth Building Pathways - Seite 2 NEW YORK, NY / ACCESSWIRE / March 30, 2023 / Living Cities, a national collaboration of prominent financial institutions and foundations, today announced a $3.2 million grant investment across six cities - Albuquerque, NM, Austin, TX, Memphis, TN, …

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