What is Model Cities?
Established in 1967, Model Cities operates as a cornerstone institution dedicated to fostering thriving communities by supporting marginalized and underserved populations, with a specific focus on Black Minnesotans in Saint Paul. The organization provides a comprehensive suite of services, including critical shelter and housing support, financial literacy education, and robust business development resources. By integrating these services, Model Cities functions as a vital nexus for economic empowerment, aiming to bridge systemic gaps and enhance the overall vibrancy of the local community through interconnected support frameworks.
How much funding has Model Cities raised?
Model Cities has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Model Cities
PPP
Public-Private Partnership
What's next for Model Cities?
With the recent influx of capital, Model Cities is positioned to scale its impact-driven initiatives, focusing on the expansion of its housing and economic development programs. The organization is expected to leverage this financial backing to deepen its reach within Saint Paul, potentially diversifying its service offerings to address emerging socioeconomic challenges. As it moves forward, the strategic deployment of these funds will likely prioritize the strengthening of community-based infrastructure, ensuring that the organization remains a sustainable engine for equitable opportunity and long-term prosperity for the families it serves.
See full Model Cities company page
