Neighborhood Development Center
Coverage of Neighborhood Development Center in the Nexus archive.
- Nonprofit that awarded ‘incorrect’ promise grants can keep up to $7 million to run the program
The Neighborhood Development Center (NDC), a nonprofit administering Minnesota's $100 million Promise Act program, is under scrutiny for awarding grants to ineligible businesses. State officials are recovering over $27,000 in misallocated funds, while NDC retains up to $7 million to operate the program. Investigations and audits are ongoing following reports of flawed application reviews.
- State claws back grant money in $100 million Promise Act program after reporting from 5 INVESTIGATES
State officials are recovering funds from the Minnesota Promise Act program after acknowledging three grants were improperly awarded. The Minnesota Department of Employment and Economic Development (DEED) confirmed issues with two grants highlighted by 5 INVESTIGATES, including a business using a post office address and incomplete application details. DEED is working with the Neighborhood Development Center to recover the funds and improve the vetting process.
- Twin Cities’ first Black-owned bank opens St. Paul location
First Independence Bank, the Twin Cities’ first Black-owned bank, opened a new location in St. Paul's Frogtown area to provide accessible banking services and financial education to underserved communities. The bank aims to support small businesses and generational wealth creation in neighborhoods like Rondo and Frogtown.