Stay updated with breaking news from Impact Alpha. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Majority-Black credit unions, while being more numerous than other majority-minority credit unions, are smaller on average, and have more difficulty lending their assets out into their membership. Here's how to change that.
On Wednesday, November 17, at 1 p.m. Eastern, join Next City’s Senior Economics Correspondent Oscar Perry Abello for the first in a webinar series that goes beyond the issues of equitable economic development to talk to the people who do the work.
Cooperative or community-owned commercial real estate projects have popped up over the past few years in Oakland, Portland, New Orleans, Chicago, Atlanta. And now Traverse City — thanks to a loan guarantee from the USDA.
"The budget of the city is its moral compass. What it prioritizes, it funds."
In Boston, the average white-owned food business earns $1.1 million per year, while Hispanic-owned businesses earn $243,000 and Black-owned businesses earn $475,681. Can partnerships like this one help close those disparities?