WBEZ, June 15, 2020: Activists Want Billions In Reparations From Chase Bank For Chicago’s Black Neighborhoods
Activists are calling on the largest bank in Chicago and the nation, JPMorgan Chase, to make billions of dollars in reparations to Black neighborhoods in Chicago — or face “massive protests” at Chase branches “all throughout the city of Chicago.”
“We want billions back for what they’ve done to us over the years,” said activist and former mayoral candidate Ja’Mal Green at the press conference he called outside Chase Tower in the Loop Monday morning.
Green cited WBEZ and City Bureau findings that Chase had given out $7.5 billion in home purchase lending between 2012 and 2018 — but just 1.9% of that money went to Chicago’s Black neighborhoods. Majority-White areas of the city got 79.57%.
