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Shared Equity Ownership Summit: Session 5 – Community Ownership Roundtable

St. Paul City CouncilSunday, March 16, 2025
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Inclusive Capital and economic equity

Racial equity in urban development

Historical impact of urban planning on communities (Rondo neighborhood)

Philanthropy and its role in municipal innovation

Guaranteed income pilots

Alternative responses to 911 calls

Systemic barriers in financial institutions

Worker-owned cooperatives

Housing and tenant ownership models

Full Document Analysis

Notable Quotes (3)

Why does poverty persist to have a brown and black face no matter where we do really cool stuff?

— Joe Scantlebury
Racial EquityAddressing historical avoidance of racial discourse in philanthropy.

Every decision in the history of humankind has been made to benefit the decision maker.

— Melvin Carter
Inclusive Decision-makingExplaining why power must be shared to create systemic change.

If an article doesn't include the word standard deviation I don't need it.

— Melvin Carter
Evidence-based PolicyEmphasizing the reliance on data-driven outcomes in city policy.

People (2)

Joe ScantleburyPresident and CEO

CEO of Living Cities, a member collaborative organization focusing on inclusive capital and racial equity.

1 quote

“The people who were once Capital need to be partners in the use of capital.”

Describing the mission of Living Cities regarding inclusive capital.

Melvin CarterMayor

Mayor of St. Paul, focused on equity, community collaboration, and innovative economic policies.

2 quotes

“If we want our policies to benefit communities of color, communities of color have to be at the table.”

Stressing the importance of inclusive decision-making.

“You cannot build inclusive outcomes with exclusive systems.”

Critiquing traditional bureaucratic structures.

Places Mentioned

St. Paul, MinnesotaRondo neighborhood (St. Paul)University Avenue (St. Paul)Brooklyn, New York

Events & Meetings (1)

  • Discussion at City Hall regarding economic initiatives
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