Saturday, June 19, 2021
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Finance
Hill Harper Talks The Black Wall Street
June 10, 2021
Harper discusses new advancement in financial literacy and freedom designed for the Black and Brown community. ... read more »
 JPMorgan Chase CEO Jamie Dimon Visits New Crenshaw Community Center Branch
June 10, 2021
On Wednesday, June 2, JPMorgan Chase Chief Executive Officer Jamie Dimon, visited the new community center branch; he described the cultural evolution of Chase and how the institution looks to become a pillar of growth in the Crenshaw community.   ... read more »
Biden-Harris Administration Steps up Efforts to Narrow Racial Wealth Gap
June 3, 2021
The Biden-Harris Administration is announcing additional steps to end discrimination and bias in the housing market. “More than 50 years since the Fair Housing Act’s passage, access to wealth through homeownership remains persistently unequal,” administration officials stated. “In his first week in office, President Biden issued a memorandum directing the U.S. Department of Housing and Urban Development (HUD) to address discrimination in our housing market.” ... read more »
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Many Black Renters, Hit Worst By COVID, Remain in Dark About Billions in Relief Funds
May 6, 2021
But many renters, including Black Californians who lease residential property, may not know about the state’s new CA COVID-19 Rent Relief program or they may not have details on how to apply for the available assistance. Other advocates say some renters could simply be confused because there are multiple rental relief programs at the county or city level to help renters. ... read more »
System for Unemployment Benefits Exposes Digital Divide
May 3, 2021
As a social worker with the Denver Public Library, part of Sonia Falcon's job is to help people in East Denver use government services and benefits. But she's never seen anything like the unemployment case that has consumed her work since February. ... read more »
Bank of America Providing $60 Million Fund for BIPOC Affordable Housing Developers
April 29, 2021
Bank of America Community Development Banking, in partnership with Enterprise Community Partners, is investing $60 million – $30 million in loans and $30 million in equity financing – to support Enterprise’s Equitable Path Forward, a five-year initiative to help facilitate racial equality in housing. ... read more »
Garcetti Reveals Top Priorities in 2021-2022 Budget Proposal
April 22, 2021
Delivering the financial document to the City Council on April 20, the mayor indicated his top interests include addressing the homelessness crisis, investing in small businesses, upgrading opportunities for young people and improving the quality of life for many Angelenos by implementing a guaranteed basic income pilot program.  ... read more »
CDC Small Business Finance Program Brings Business Banking Opportunities Directly to the People
April 8, 2021
Robert Villarreal is the Chief External Affairs Officer for the Los Angeles Branch of the CDC Small Business and Finance Program.  Villareal is unapologetic about his passion for creating financial opportunities to local businesses and people in communities of color.  ... read more »
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LA County To Provide Grants For Small Personal Care and Retail Businesses
April 1, 2021
Small Los Angeles County businesses in the personal care and retail sector can apply for $10,000 grants starting April 5, county officials announced March 31. ... read more »
Goldman Sachs Financial Group Commits $10 Billion in Investment Capital to Impact One Million Black Women
March 18, 2021
The Goldman Sachs joined roundtables that focused on the barriers Black women face as entrepreneurs, and how targeted investments can work as a bridge to equality. Their compass in navigating through directive comes from Goldman’s relationships with sororities such as Delta Sigma Theta Inc., Alpha Kappa Alpha Inc., Zeta Phi Beta Inc., and Sigma Gamma Rho S Inc., and Black women’s organizations, such as the National Council of Negro Women, Black Women’s Roundtable, the National Coalition on Black Civic Participation, Power Rising, Walker’s Legacy Foundation, The Links, Inc., and the Sistahs in Business Expo. ... read more »
Put your money where your MESH is
March 11, 2021
Tristen J. Winger, South Central native joined Mesh Communities as the lead investor on their upcoming crowdfunding campaign. ... read more »
If you own a business, you’ve only got days left to apply for a Paycheck Protection loan
March 11, 2021
In just four months last year, more than 5 million U.S. businesses received a Paycheck Protection Program (PPP) loan. That helped them pay their workers, their mortgage or rent, and their utility bills. Unfortunately, many small businesses owned by minorities, women and veterans didn’t get PPP loans last year. We want to make sure you know how to apply for the funding your business really needs. ... read more »
Comerica Bank Appoints Summer Faussette National African American Business Development Manager
March 10, 2021
Comerica Bank announced it has appointed Summer Faussette as its National African American Business Development Manager supporting its ongoing commitment to building strong relationships with African American business leaders, entrepreneurs and communities across all markets. ... read more »
Morgan State Alum Dropped Out, Drove for UPS, Presents University with $20 Million Endowment
March 4, 2021
“Morgan is so proud to call this son and daughter of the great City of Baltimore our own, and through their historic giving, the doors of higher education will most certainly be kept open for generations of aspiring leaders whose financial shortfalls may have kept them from realizing their academic dreams,” David K. Wilson, president of Morgan State University, stated in the release. ... read more »
Tips, tools and resources for Black business owners looking to make a strong recovery in 2021
March 4, 2021
While it may be challenging to predict what exactly our path to economic recovery will look like, Black small businesses will play a significant role. ... read more »
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