New York Post: Hundreds join massive line at NYC ATM to access unemployment benefits

New York Post, May 30, 2020: Hundreds join massive line at NYC ATM to access unemployment benefits

It’s an ATM to die for.

A conveyor belt of cash-strapped New Yorkers — most of them unemployed and some from as far as Queens — queue up every day at an ATM on East 22nd Street. They wait more than two hours on a block-long line, where there is little social distancing and plenty of frustration.

The weary individuals risk catching the coronavirus, in part, because the state issued them — and thousands of other city residents — debit cards for unemployment benefits through KeyBank, which has only a single branch and ATM in the entire city. The branch in Flatiron is closed due to COVID-19, but one ATM is open.

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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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