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Better Markets: New Members of the Better Markets Board of Directors: NCRC Membership, Policy and Equity Chief, Climate Change Tech Executive Join the Board of Directors

Better Markets, May 19, 2021, New Members of the Better Markets Board of Directors: NCRC Membership, Policy and Equity Chief, Climate Change Tech Executive Join the Board of Directors

Better Markets is pleased to announce that Dedrick Asante-Muhammad, Chief of Membership, Policy and Equity at the National Community Reinvestment Coalition, and Donnel Baird, Co-Founder and CEO of BlocPower, have joined the Board of Directors.

“We all need to see and seize the moment we have to make deep and durable change so that everyone can fully participate as equals in our economic and financial systems. Better Markets has been in the forefront of that fight for more than ten years and I look forward to working with them to address the racial wealth divide and create more opportunities for targeted wealth creation in disenfranchised communities vs. the wealth extraction that is too common,” says Asante-Muhammad.

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Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

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