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The Effects of Holistic, Values-Based Financial Literacy Programming on Housing Stability: A Case Study from North Minneapolis

Date and time: 
January 21, 2011 - 12:00pm - 1:30pm


  • Haden Bowie, Research Assistant, University of Minnesota, and Payne Phalen District Five Planning Council Outreach Coordinator
  • Marilyn Bruin, Associate Professor of Housing Studies, University of Minnesota
  • David McGee, Executive Director, Build Wealth Minnesota

Build Wealth Minnesota offers holistic, values-based financial literacy to prospective homeowners across the Twin Cities metropolitan area. Since 2008, the intensive, two-year Family Stabilization Plan program has addressed financial literacy issues in budgeting, saving, giving, credit, and investing using a model of relationship building, social wealth accumulation, and values-based decision making.

The Family Stabilization Plan has experienced a retention rate of more than 90% with a client population that is over 80% families of color. The organization finds that using faith-based principles in the delivery of a holistic curriculum greatly improves the outcomes and engagement of populations with historically low home ownership rates. The model is one that focuses not only on mitigating the effects of the current housing crisis but also increasing future housing stability.

In the spring of 2010, CURA granted Build Wealth Minnesota a part-time research assistant to conduct a mixed-methods program evaluation of the Build Wealth Minnesota Family Stabilization Plan. The presentation discussed the findings and the implications of this work, with comments from the researchers and Executive Director of Build Wealth.

The CURA Housing Forum is a monthly brown-bag discussion of Twin Cities housing issues and research, sponsored by the Center for Urban and Regional Affairs (CURA). CURA Housing Forums are free of charge and open to the

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