The Shared Ownership Center @ Nexus explains what a cooperative is, the impact worker-owned cooperatives and real estate investment cooperatives have on our communities, and the qualification criteria for the LOCAL Fund’s grants and technical assistance.
The LOCAL Fund: Worker Ownership offers grants and technical assistance for worker co-op startups, conversions of existing businesses, and existing co-ops in St. Paul. The LOCAL Fund: Community Ownership supports the development of shared-ownership commercial real estate in St. Paul, with grants and technical assistance for predevelopment, acquisition, demolition, and rehabilitation of commercial properties.
Learn more by watching our information session below!