Jun 14, 2021

Axios Twin Cities

Good morning! Thanks for starting your week with us.

  • Situational awareness: One person is dead and another is injured after a driver accelerated into protestors in Uptown, according to witnesses (MPR News)

⛱ A reminder we're on "vacation mode" this week and the newsletter will be shorter and lighter, but will still get you caught up on the news.

🎉 Congratulations to our restaurant gift card winner Patty Schank! If you didn't win, don't get discouraged. There's more to come, so make sure you follow @axiostwincities on Instagram.

Today's newsletter is 497 words, a 2-minute read.

1 big thing: Homeownership gap widens

St. Paul and Minneapolis have large homeownership gaps between white and Black residents. Photo: Education Images/Universal Images Group via Getty Images

The Twin Cities already has the largest homeownership gap between Black and white residents in the nation, and the chasm is widening.

Driving the news: Black homeownership in Hennepin and Ramsey counties has fallen from 31% of households in 2000 to 21% in 2018, according to the Urban Institute's study released on Friday.

  • Meanwhile, white homeownership in those counties has remained steady at 70%.

What they found: The trend is driven by gentrification as well as a rise in corporate-owned, single-family home rentals (SFRs).

  • "SFR units — especially all those that are investor-owned — have become increasingly concentrated in neighborhoods with higher shares of low-income residents and residents of color," the report says.
  • The number of SFR units shot up from 22,000 to 48,000 between 2005 and 2020, according to the report.

Why it matters: Homeownership is a way for families to build wealth and some of these investors of low-income house rentals have a bad reputation for letting their properties fall into disrepair.

How it works: The Urban Institute used U.S. Census data and property records from Ramsey and Hennepin counties, which make up about half of the metro population.

2. Catch up quick: RIP Mudcat; budget crunch time

Mudcat Grant, photographed in 1967, died at age 85. Photo: Diamond Images/Getty Images

  • Mudcat Grant, who helped get the Twins to the 1965 World Series and was the first Black pitcher to win 20 games, has died at 85. (New York Times)
  • State lawmakers over the past week have been rushing to complete a series of budget agreements ahead of a special session that starts today. At stake is a potential government shutdown if there is no deal by July 1. (MPR News)
  • A woman who bought 47 guns in May, three of which were tied to shootings, highlights what the Bureau of Alcohol, Tobacco, Firearms and Explosives calls an increase of straw purchasing. (Star Tribune)
  • The Star Tribune and Darnella Frazier were honored by the Pulitzer Board for coverage of the George Floyd's killing: the newspaper won for its breaking news coverage while Frazier won a special citation for recording Floyd's murder. (Pulitzer.org)
  • The State Fair is officially coming back, without an attendance limit and without a mask mandate. Tickets will cost an extra $1 this year. (Pioneer Press)
3. 1 cool retreat: A Minnesota treehouse getaway

Photo courtesy of Kathryn Wallentine

Who needs a hotel when you could be "glamping" — a mashup of glam camping — in an up-north lakeside treehouse?

Why we love it: This one-bedroom treehouse on the banks of Dixon Lake in the Chippewa National Forest has water, electricity, a half-bath, wifi and peace and quiet. Enjoy the screened-in view from inside or use the provided kayaks and paddle boat to get out on the water.

First things first: You'll have to climb the spiral staircase up to your private deck and take a rope bridge to the entrance door.

  • Of note: No kitchen, heat, AC or shower, hence the camping part.

Details: The cabin sleeps two and is available through Airbnb or owner Kathryn Wallentine's website.

  • But, but, but: Act fast — as of Sunday, only a few dates are left in July and August.
Photo courtesy of Kathryn Wallentine

Have a great week!