Mayor Monroe Nichols said the Greenwood Trust will consist of three components: a $24 million fund aimed at securing housing and homeownership for descendants, a $60 million fund for cultural preservation that will consist of fixing up buildings, revitalization and clearing blight, and a $21 million “legacy” fund for small business grants, scholarships and land acquisition.

Nichols said the goal is to obtain $105 million in assets by June 1 of next year. Over the next 12 months, the trust will be focused on raising private capital, setting up the programs and appointing a Board of Trustees.

  • klu9
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    27 days ago

    How long until the Trump Administration brands this “racist” and starts withholding federal funds and services from Tulsa unless they knuckle under?

  • Five@beehaw.org
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    15 days ago

    There was a series called “Watchmen” in 2019 that featured a really powerful dramatization of the Tulsa Massacre, as well as a fictionalized implementation of reparations, including a museum for cultural preservation.