By Tony O. Lawson, Shoppe Black Two Black owned banks, City First in Washington, DC and Broadway Financial Corporation in Los Angeles, CA announced today that they have entered into a transformational Merger of Equals agreement to create the largest Black owned bank in the nation with more than $1 billion in combined assets under management and approximately $850 […]
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The US is facing an eviction tsunami. We must cancel rent before it’s too late | The Guardian
Houston’s rental aid fund was empty 90 minutes after it opened. In Chicago, 80,000 renters applied for 2,000 relief grants By Lupe Arreola and Amee Chew, The Guardian It’s already started. A majority of US states have resumed evictions, or are allowing them despite the worsening pandemic. As many as 40 million people nationwide face eviction due to inability […]
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‘Powerful in its simplicity’: As the pandemic endures, mayors across the country call for guaranteed income | NBC News
Oakland Mayor Libby Schaaf said a guaranteed income is “probably the most powerful antidote for racial disparities” that she could enact. By Ben Kesslen, NBC News Melvin Carter, the mayor of St. Paul, Minnesota, watched his city’s twin, Minneapolis, burn this spring. Sparked by the killing of George Floyd, many people gathered in protest and […]
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