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Welcome to Ujima's BUSINESS WIRE: the new, official newsletter for Businesses Ujima Loves. We've started the BUSINESS WIRE as a dedicated resource for our business community; it's designed to communicate, and increase awareness of, the various resources and advocacy happening on behalf of BIPOC-owned businesses in Boston. To send content or questions email us at comms@ujimaboston.com.
AAPI Arts & Culture COVID Recovery Grants
Mass Cultural Council is pleased to announce pandemic assistance is now available for eligible cultural organizations through the FY22 Asian American & Pacific Islanders (AAPI) Arts & Culture COVID-19 Recovery Program.
This one-year program, established and funded through a legislative earmark in the FY22 state budget, is intended to uplift and provide financial assistance to AAPI arts and culture organizations that have been economically impacted by the pandemic.
The goal of the program, as directed by the Legislature, is to provide pandemic recovery funds to entities that focus on one or more Asian ethnicity and conduct cultural events, cultural education, or cultural performances, with these funds being prioritized to entities who have been adversely affected by COVID-19 pandemic. Mass Cultural Council expects to award a total of $970,000 in grant funds towards this purpose. The number of grants and the size of grants will be determined as part of the application review.
The City of Boston will be replenishing the Small Business Relief Fund 2.0 with $5 million. These funds will help support additional Boston small businesses as they continue their recovery.
Businesses will be able to apply for two types of grants: a Relief Grant of up to $10,000 to support outstanding debts for rent or mortgage, inventory payroll, or fixed expenses; and a Growth Grant of up to $10,000 to support business growth through tools and technology, materials and personnel, or other costs associated with investing in the growth of the business.
Businesses can apply for one or both grants. These funds may only be used for expenses incurred between March 3, 2021 - December 31, 2024. Multilingual applications are available.
Learn participatory management with the Cooperative Development Institute and the Cooperative Fund of New England. This virtual introductory course will cover how to encourage employee participation in decision-making, teaching employees how the business makes money, empowering employees to optimize resources, and the importance of creating strong, collaborative, and knowledgeable teams in the workplace.
Thank you to our friends at Commonwealth Kitchen for sharing these resources!
Business Resource Board
As part of Ujima's ongoing initiative to actively support our small business community, we have created the Business Resource Board to share information and external resources as they become available. We will update this page as we become aware of initiatives, trainings, grants, and more.
Friend of a Friend is our new editorial section which showcases our expansive BIPOC business community. This space is our opportunity to introduce you to people who are making moves within the BIPOC community. If you, or a business you know, would like to be highlighted in our next Business Wire spotlight, email comms@ujimaboston.com.
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Boston Neighborhood Community Land Trust
The Boston Neighborhood Community Land Trust (BNCLT) is a nonprofit organization focused on fighting community displacement and racial inequity in the Boston neighborhoods of Roxbury, Dorchester, and Mattapan. Through the acquisition and preservation of affordable, community-controlled housing, BNCLT builds neighborhood stability, housing access, and community strength among low- and moderate-income residents who are most at risk of displacement.
Formerly known as the Coalition for Occupied Homes in Foreclosure, BNCLT grew out of the 2008 housing crisis as foreclosures increased in neighborhoods with high percentages of lower income and Black and Latino households.
“There are lots of people who are effectively locked out of our traditional housing market, and these buildings definitely provide that housing,” BNCLT Executive Director Meredith Levy reflected late last year.
In our Friend of a Friend piece on Dudley Street Neighborhood Initiative, we uplifted the value of community land trusts (CLTs) as a way to value land as a shared resource of the community, promoting communal rather than individual wealth-building. BNCLT employs a similar model by purchasing occupied properties as a means to prevent families from being displaced, in response to foreclosure or during periods of gentrification. The organization also works with City Life / Vida Urbana,Harvard Legal Aid Bureau, the City of Boston Department of Neighborhood Development, realtors, and other community members to identify potential properties for acquisition with permanent ground lease and terms for affordability.
After their acquisition of a property, BNCLT residents pay rents that remain at affordable rates, just around 30% of income. No longer cost-burdened, BNCLT residents can now spend more money on food, professional development, and recreation. This cost savings compounds over time. In fact, a recent assessment by the Tufts Urban and Environmental department estimates that with BNCLT’s current growth trajectory, “the organization will save their collective residents a minimum of $6.5 million over the next ten years.”
The residents of BNCLT have a strong role in the organization’s governance, as shown by BNCLT’s recent effort to find a new property management company for their portfolio of homes. Residents created a comprehensive list of selection criteria for inclusion in an RFP, and even took part in the interview process.
BNCLT resident, Josefina Luna said, “By working with an organized community where everyone can speak and express their view, it gives the Property Management Company a better vision of what the community needs, and a clear idea of priorities for the whole community.”
With their recent acquisition of 6 Humphreys Place in Uphams Corner, BNCLT continues to secure affordable housing for residents across the city. As Levy says, “It’s about community benefit. We want to make sure that we are creating a new haven for people to be able to live in forever if they want.”
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BNCLT was voted a Business We Love in 2019 by Ujima Voting Members, and is included in our Dorchester Investment Plan.
BIPOC Business Owners: we want you to help us draft an investment plan, to shape and change our neighborhoods. We’ve designed two forms that will allow you to tell us about businesses you love:
B2B Love Form (Business to Business) gives businesses an opportunity to name BIPOC businesses to join our ecosystem.They can be existing, or a start-up. They can even name themselves! This nomination process will allow named businesses to be reviewed by members, and once reviewed the businesses can apply for investment from the Ujima Fund and receive other support from our community. Click here to view the local businesses that have already been named.
Once you’ve named up to five existing businesses and/or five start-up businesses, you can complete our Vendors Survey.This form is designed to help us create a plan of action for investing in good businesses in our community, and figure out how to make supply chains of good local, BIPOC-owned businesses supporting one another.
Your participation is crucial for co-creating and financing an economy that grows local wealth in our city and builds community power for social change.