Page 42 - Andre Perry News Today

That still exists today. the commitments include a $10 billion community revitalisation fund to target economically under—served communities $15 billion in competitive grants for neighbourhoods cut off from investment, and also to use the federal governments immense purchasing power to sign more government contracts with smaller, often—minority owned businesses. the focus on black businesses is particularly significant, given tulsas history. this 3d model by the new york times shows the kind...

Copyright 2021 NPR. To see more, visit https://www.npr.org. LULU GARCIA-NAVARRO, HOST: This pandemic has warped the economy, but mass layoffs at the

Small Businesses Have Surged in Black Communities. Was It the Stimulus? New research finds a big rise in new businesses despite the pandemic, particularly in predominantly Black neighborhoods. May 24, 2021Updated 7:03 a.m. ET Over the last year, multiple stimulus measures from the federal government have helped families buy groceries, pay rent and build a financial cushion. This aid might have also helped start a new era of entrepreneurship. There has been a surge in start-ups in America that e...

Baltimore Mayor Brandon Scott vetoed a bill that would provide alternatives to traditional security deposits for tenants this week, potentially marking a swift turnaround for a proposal that the city council approved by a vote of 12-2 in April, according to a report in The Baltimore Sun. The bill would have required some landlords to give tenants a choice to pay a security deposit in three monthly installments or opt for a security deposit “insurance” plan, in which they would pay nonrefun...

Black Owners Home Value Doubles After She Hides Her Race, Gets A White Friend To Stand In For Her KEY POINTS She concealed her race and her house was appraised at $259,000 the third time  She alleges the appraisers violated laws by allowing race to impact their appraisals  A black homeowner from Indianapolis, who believed her house was twice undervalued by appraisers due to her race, had her white friend stand in for her on a third appraisal and got double the value for the same home. Carlet...

The Indianapolis Star reported that appraisers undervalued a Black residents home because of her race. This undervaluation dates back decades to when Black neighborhoods were deemed financially risky. Lawmakers introduced legislation in recent months to combat racial disparities in homeownership. With the pandemic-era ability to work from home, the desire for homeownership has been on the rise this past year, with a housing inventory crisis developing as a result. But the Indianapolis Star repo...

The fight for reparations has been decades-long. In 2021, here’s what they could look like.

INDIANAPOLIS — Carlette Duffy felt both vindicated and excited. Both relieved and angry. For months, she suspected she had been low-balled on two home appraisals because she’s Black. She decided to put that suspicion to the test and asked a white family friend to stand in for her during an appraisal. Her home’s value suddenly shot up. A lot. During the early months of the coronavirus pandemic last year, the first two appraisers who visited her home in the historic Flanner House H...

Tennessee could owe a historically Black university over $500 million. Andre Perry, senior fellow at the Brookings Institution, believes the problem cuts much deeper: "We're throttling the economy."

Embed AILSA CHANG, HOST: Can you imagine being at a college thats missing out on as much as half a billion dollars? Well, Tennessee State University - the only public historically Black college and university in the state of Tennessee - doesnt have to imagine this. From 1957 to 2007, Tennessee State University was underfunded year after year, as the Tennessee state legislature failed to allocate funds to the school as its required to do so under a state law. And Tennessee state isnt the only ...