Greenwood Initiative

Mike Bloomberg Makes History with the Black Press of America

Stacy M. Brown NNPA, Newswire Senior CorrespondentFebruary 20, 2020

“The Bloomberg campaign’s initiative is groundbreaking, and it goes to significantly increasing the economic health of African Americans by tripling their net worth,” said Columbia, South Carolina Mayor Steve Benjamin, who co-chairs Bloomberg’s campaign. “The Bloomberg model is intentionally focused on creating a million new African American homeowners, 100,000 new African American-owned businesses, and $70 billion in federal capital to go in the 100 most challenged neighborhoods across the country.”

Mike Bloomberg Announced The Greenwood Initiative, a Plan to Revitalize the Black Community

Saybin Roberson, Contributing WriterFebruary 13, 2020

At the site of the Black Wall Street Massacre in Tulsa, Oklahoma, Presidential candidate Mike Bloomberg announced the Greenwood Initiative: Economic Justice for Black America. Mid-January, Bloomberg addressed the biases stifling the Black community and countering the issues with future plans that will create generational wealth through ownership. “Even though Greenwood was called ‘Black Wallstreet’ it wasn’t full of bankers; it was really just a thriving upper-middle-class community where people worked hard, played by the rules and believed that they could get ahead,” Bloomberg stated in the opening of his speech. “In other words, it was just like many places