Impact in Action: Housing
Learn how Mni Sota Fund supports Native homeownership in the Twin Cities.
By Chris Garner, Communications Specialist
Mni Sota Fund is a Native-led Community Development Financial Institution committed to building Indigenous economic sovereignty. They provide financial tools and resources to empower Native communities, foster self-determination and create a sustainable future for all.
Mni Sota Fund has a strong track record of innovation. To address the barriers to homeownership faced by Native families in Minnesota, they launched the Mni Sota Mortgage Company — a groundbreaking initiative that provides culturally relevant and accessible mortgage solutions and contributes to an increase in the local Native homeownership rate.
“Native homeownership is about 25 percent lower than the state average,” said Rory Taylor, director of partnerships and development. “About one in two native people in the state own their home and I think that's tied up in part of our larger conversations around the lack of Native wealth in the state in terms of building strong people, strong families and strong communities.”
Mni Sota Fund's Transformative Programs

Traditionally Native communities have been marginalized and mistreated by government institutions, creating a lack of trust in colonial financial systems. By launching an in-house mortgage company, Mni Sota Fund has built trust and continuity with their clients, specifically in their home-buying process. It has also helped the institution generate revenue, which can be poured back into their services.
“Before when our clients were looking for a mortgage lender outside of us, we were no longer in control of helping them to understand the process,” said Executive Director Kit Fordham. “Now that we can do that in house, we can build that trust and see that through to the very end.”
Mni Sota Fund is a Community Development Financial Institutions fund (CDFI). It is one of three accredited Native CDFIs in the state and the only one serving Minnesota’s urban Native community in the Twin Cities.
“For us, home ownership solves both a housing issue and a prosperity issue,” Rory said. “We see ourselves as a bridge getting people from the current context to one where they can build power through asset ownership.”
In addition to homeownership education, Mni Sota Fund also supports Native artists and entrepreneurs through the Ozhigin Fellowship, which focuses on arts-based cohorts, mentorship and loan readiness. This tailored approach has boosted business establishment, growth and collaboration within the Native arts community.
The Foundation's Impact in Action
Mni Sota Fund is a 2024 Bush Prize: Minnesota winner, recognized for its innovative work and commitment to advancing community-led solutions. The 2025 Bush Prize: Minnesota application period closes 1 p.m., Wednesday, April 30, 2025.
By Chris M. Garner, Communications Specialist. As communications specialist, Chris supports the Saint Paul & Minnesota Foundation’s work by showcasing it to the community through words, photo, video and other media. Chris has a Bachelor of Arts in Communications from Alabama State University and a Master of Science in Journalism from Northwestern University.