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Milwaukee art gallery owner working tirelessly to keep her space open amid potential foreclosure

Fatima Laster, owner of the 5 Points Art Gallery & Studios in Milwaukee’s 5 Points neighborhood, is facing potential foreclosure on the building she purchased in 2018. She acquired the property through the city’s ARCH loan program and financed it with a five-year loan from the Greater Milwaukee Foundation’s Impact Investing program. The balloon payment of $260,000 is due by December 1, 2025. Laster has been fundraising to save the space, which has hosted hundreds of artists and thousands of visitors. Her current immersive installation, “Interrupted: Cash for Homes,” replicates her grandparents’ home and addresses gentrification and housing displacement on Milwaukee’s north side.

Milwaukee art gallery owner working tirelessly to keep her space open amid potential foreclosure

Fatima Laster, owner of the 5 Points Art Gallery & Studios in Milwaukee’s 5 Points neighborhood, is facing potential foreclosure on the building she purchased in 2018. The gallery, a Black-owned space for underrepresented artists, has hosted hundreds of artists and thousands of visitors. Laster is also an interdisciplinary artist whose current immersive installation, “Interrupted: Cash for Homes,” recreates her grandparents’ home to explore gentrification and housing displacement on Milwaukee’s north side. She acquired the building through the city’s ARCH loan program and took a five-year loan from the Greater Milwaukee Foundation’s Impact Investing program, but a $260,000 balloon payment is due by December 1, 2025. Laster has been fundraising to keep the gallery open, citing rising costs, cuts to arts funding under the Trump administration, and the COVID-19 pandemic as major challenges.