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Forbes: One Year Later: A Conversation With SBA Administrator Isabella Casillas Guzman On Building A Better America For Small Business And Entrepreneurs

Forbes, March 31, 2022, One Year Later: A Conversation With SBA Administrator Isabella Casillas Guzman On Building A Better America For Small Business And Entrepreneurs

As the economy continues to grow and the world continues to grapple with Covid, we continue to have conversations with Administrator Guzman about the state of US small business and where we are going. In fact, this conversation comes on the heels of a key announcement made this week by Vice President Kamala Harris and Administrator Guzman on changes to the agency’s Community Advantage Pilot Loan Program.

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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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