Flawed assessments for America’s $500 billion in annual property taxes hit Black neighborhoods hardest.
Bloomberg: How Unfair Property Taxes Keep Black Families From Gaining Wealth Read More »
Regional inequality has deepened across the country.
The New York Times: Opinion | Amazon and the Breaking of Baltimore Read More »
While the pandemic has turned much of the economy upside down, its toll on businesses has been far from evenly distributed.
Procurement and access to financing are two barriers that minority owners face
Investopidia: Small Business Contract Discrimination Read More »
New location to advance economic opportunities for local residents, businesses
Here, you’ll find brand new trainings, symposia, summits, forums, expos, seminars, workshops, conventions and conferences worth checking out, as well as established events that might be new to you. If you work in federal, state or local government, you’ll discover events worth checking out.
govloop: The Best Government Conferences Of 2021 Read More »
The National Community Reinvestment Coalition, an organization that works to champion fairness and end discrimination in lending, housing and business, found that in 44 percent of tests, Black business lending applicants received disparate treatment from lenders, including discouraging Black firms from applying for a loan and requiring additional information of Black firms compared to White firms(2).
One thing again about the 60% number — and highlighting that we would need to triple the amount of new Black homeowners every year for 20 years in order to get to 60% Black homeownership
MarketWatch: Black homeownership rate hits lowest Read More »
Banks and credit unions are increasingly shuttering brick-and-mortar locations. When they do, consumers flock to the internet with complaints about greedy, heartless bankers who don’t listen to their concerns. As financial institutions continue to downsize their retail networks, how will they handle the angry voices in the crowd?
The Financial Brand: Brace Yourself for an Angry Online Mob When Closing Branches Read More »
Around the globe, the pandemic has severely affected women and girls, exacerbating existing inequalities and creating repercussions in education, economic opportunity, health, and the home.
A new report from the National Community Reinvestment Coalition calls for setting a goal of 60% Black homeownership over the next 20 years.
ProBuilder: Black Homeownership Rate Drops to Lowest Level Since 1960s Read More »
These findings come after a study by the National Community Reinvestment Coalition showed Black female and Hispanic male testers, who posed as applicants in the Los Angeles region, received less information about PPP loan products than white, male testers. Banks gave Black applicants different “levels of encouragement” and information to apply for loans, according to the study.
McKinsey & Company, February 17, 2021, America 2021: The opportunity to advance racial equity Repairing the frayed social fabric in the United States is one of the most pressing issues of our time. It’s not a new problem. But if we do not address the underlying issues preventing us from achieving equitable growth and inclusion, the
McKinsey & Company: America 2021: The opportunity to advance racial equity Read More »
The American Prospect, March 4, 2021, The ‘Progressive Multiplier’: How Democrats Can Defeat Trumpism How can Democrats in Washington address the multiple crises facing our nation while also confronting an increasingly radical—and often explicitly anti-democratic—opposition party? Political strategists perhaps inevitably focus on how to change the hearts and minds of millions of devoted Trump supporters.
The American Prospect: The ‘Progressive Multiplier’: How Democrats Can Defeat Trumpism Read More »
A proposal would withhold the funding unless the transit agency renames the McLean station to include “Capital One Hall.”
