A RENTER WEALTH-BUILDING INITIATIVE

REnting is not the exception.
It’s the majority.

Half of Saint Paul rents and none of the city's wealth-building systems were built for them. ProsperSt.Paul exists to change that.

BECOME A SPONSOR

Sponorship here

WHY THIS MATTERS

STAFF BURNOUT • STALLED SUCCESSION PLANING • OUTDATED SYSTEMS

The gap was designed

Renters hold less than three percent of the wealth homeowners do, a median net worth of $10,400, against nearly $400,000.¹

Homeownership didn't become America's wealth engine by accident — it was built that way, through deliberate policy, and exclusion was built in from day one. There are eight recognized ways households build wealth in this country, and most of them still assume an owner at the end. In a city where renters are the majority, that assumption leaves most of Saint Paul on the outside of the systems meant to serve them. ProsperSt.Paul is building the on-ramps renters can actually reach.

LESS
THAN 3%

BECOME A SPONSOR
BECOME A SPONSOR

¹ Aspen Institute Financial Security Program.

WHAT ST. PAUL CAN BUILD

Four shifts the housing and financial field needs to make that act as corrections to a system built around a minority and treating the majority as an afterthought.

  • Most financial products and tax benefits still assume an owner at the finish line. A majority-renter city needs systems that build security without requiring a deed.

  • Renter support today is mostly triggered by crisis — eviction, emergency rent. The shift is toward helping renters build a cushion before the crisis, not after.

  • Renters are routinely framed as unprepared. The truer story: public investment has subsidized ownership for generations while treating renter wealth-building as an afterthought.

  • Housing, financial coaching, and policy sit in separate organizations with separate funders. Renters live them as one continuous challenge — the system should meet it as one.

“the nation is responding”

  • PLACEHOLDER

    — Tatiana Freeman, President, Aurora St. Anthony Neighborhood Development Corporation

HOW WE START BUILDING

mention colorado/asen site

  • THE RENTER LEADERSHIP COUNCIL

    ProsperSt.Paul is built around the Renter Leadership Council — a paid council of Saint Paul renters who shape the initiative's direction. The premise is straightforward: the people the wealth-building system has overlooked are the ones with the clearest view of how to fix it, so their expertise is compensated as expertise

  • A COALITION OF LIKE MINDED PARTNERS

    Description goes here

  • ECOSYTEM WHEEL

    Description goes here

LEARN MORE

Looking for investment, listening, learning, leadinng. xyz

BECOME A PARTNER
BECOME A PARTNER

Our Supporters

xx

reference the newsletters