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Culturally Significant Business

Investing in Culturally- Significant Businesses and Community Growth

Arts and culture are an important component of overall quality of life for every person on earth. Access to cultural resources and connections – or the lack thereof – shapes many aspects of our nation’s society. It also influences economic outcomes, as economists who study the role of “human capital” in wealth-building and opportunity creation have identified.

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Video: NCRC Appraisal Bias Investigation

Online Event Archive Recorded October 26, 2022 NCRC released a new report documenting a groundbreaking study using mystery shoppers in Baltimore, MD, which showed that real estate appraisers are providing

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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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