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Black Real Estate Developers in Minnesota

The Jay and Rose Phillips Family Foundation is offering a grant of up to $15,000 to support Black real estate developers in North Minneapolis, covering pre-development costs for commercial and "missing middle" residential projects, with priority given to first-time applicants, North Minneapolis residents, and projects incorporating universal design or sustainability attributes.

$15,000
Closed
Grant Description

Mass Cultural Council has launched a new grant program, Creative Projects for Schools, for the 2024-2025 school year. Donor Name: Jay and Rose Phillips Family Foundation State: Minnesota City: Selected Cities Type of Grant: Grant Deadline: 10/09/2024 Size of the Grant: Up to $15,000 Grant Duration: Grant Duration Not Mentioned Details: With these grants, the Phillips Foundation aims to alleviate smaller financial burdens that often hinder the success of developers who come from a historically marginalized community and have limited representation in the field of real estate development. Grants will cover pre-development costs for Black real estate developers with site control of North Minneapolis commercial and “missing middle” (5-unit minimum) residential real estate projects. Funding Information The Phillips Foundation plans to award up to $15,000 per grant application based on eligibility and project readiness. Eligible Expenses Inspection fees, architecture, accounting and legal fees, engineering, project management, permits and other regulatory fees, third party or Phase I reports. Eligibility Criteria These grants will support Black real estate developers with site control of commercial or “missing middle” (5-unit minimum) residential real estate projects located in North Minneapolis, prioritizing neighborhoods connected to West Broadway Avenue and other transit corridors in the area. These neighborhoods include: Cleveland, Harrison, Hawthorne, Jordan, McKinley, Near North, Sumner-Glenwood, Victory, Willard-Hay, and Webber-Camden. Applicants who have already received funding through this opportunity are not eligible to apply for funding for the same project. Priority will be given to first-time applicants. Priority will also be given to applicants who are North Minneapolis residents, and to projects that incorporate universal design or sustainability attributes. Eligible Applicants Black commercial real estate developers with site control. For more information, visit Jay and Rose Phillips Family Foundation. Related Posts:Community-Wide Assessment Grants for States and TribesEPA Community-Wide Assessment Grants 2025EPA: Brownfield Assessment Grants 2025Submit Applications for Early Care and Education…2024 Critical Corridors Development & Infrastructure…Winter Placemaking Grant Program - VermontStearns County Opioid Settlement Funding in MinnesotaRequest for Applications for Urban & Community…Apply now for Activate Fellowship 2025Request for Proposals for Noxious Weed and Invasive…Request for Proposals for Noxious Weed and Invasive…Apply now for Activate Fellowship 2025Minnesota: Gary Area Community Fund & Joseph Urdahl…Applications open for Community Empowerment Grant ProgramTown of Trophy Club Thrive Business Grant Program (Texas)2025-2026 Community Impact Arts Grant Program - CaliforniaRequest for Applications for Equitable Energy Future…Arts Impact for Individuals Grant Program 2025 (Minnesota)Wisconsin Dental Association Foundation Grant Program 2025Business Innovation Grant Program in MinnesotaBureau of Land Management: Recreation and Visitor…

Funding Details

Award Range

Not specified - $15,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

For profit organizations other than small businesses

Additional Requirements

Black commercial real estate developers with site control

Geographic Eligibility

Selected Cities

Key Dates

Application Opens

September 16, 2024

Application Closes

October 9, 2024

Contact Information

Grantor

Jay and Rose Phillips Family Foundation

Phone

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Categories
Housing
Business and Commerce