“We will be making these investments to restore the Greenwood District and Tulsa overall to the community we should have been,” Monroe Nichols said.

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.

  • FiveEnglish
    1•2 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.