Business and Finance

Taking Steps Toward Homeownership

Buying a home may not be as out of reach as you think…even in this market

A Call to Action for HBCU Investment

The report is part of Reinvestment Fund’s commitment to understanding and meeting the needs of HBCUs as critical institutions in the communities in which they operate.

TikTok’s ByteDance secures exclusive ownership of Amcare Hospital Chain

Most of these investments are simply part of a diversification strategy in an uncertain business environment.

A Primer on Redlining: Racial gaps in lending persist despite CRA

Could A Banking Law Designed To End Redlining Drive More Capital Into Local Journalism?

THE VICE FUND (Symbol: VICEX) REMAINS INVESTED IN THE GAMBLING INDUSTRY

During the pandemic, the popularity of online gambling increased among all age groups.

Sewell announces $3.6 million in federal funds for preservation of African American historical sites

Over $3.6 million in funding, drawn from the National Park Service’s African American Civil Rights Grant Program, has been awarded to Alabama to preserve historic sites related to African American history in the state.

Racial Equity in the Corporate World, 2022 Edition

Making a commitment to change and actually effecting that change is two very different tasks. The motivation and desire to do right was a critical first step on the path to promoting racial equity.

U.S. Bancorp, NCRC, CRC Announce $100 Billion Community Benefits Plan

Racial Wealth Snapshot: Women, Men, And Racial Wealth Divide

The economic instability men and women face is profoundly influenced by racial economic inequality. This snapshot will briefly review the socio-economic differences between men and women and highlight how those differences intersect with racial and ethnic disparities in the United States.

Once abandoned, Groveland cemetery for African Americans to get new life with grant

“The historians tell us here that Mr. Edge, who was one of the businessmen in this community, very prominent businessman, that he donated this acre and a quarter land for these African American folks to bury their loved ones,” Carroll said.

Individual wealth building for African Americans

More than 73 percent of African Americans reported the inability to cover expenses for three months in an emergency, according to an April 2021 Pew Research Poll. The Covid-19 Pandemic has impacted Americans overall in this category with only 4 in 10 Americans of all backgrounds reporting the ability to handle a $1000 emergency expense right now without using the charge card.

BLACK AMERICAN TAXES: COMPARING WHAT WE PAY

To answer these questions, we collected 2019 data from the primary source of US tax information: The US Department of the Treasury, Internal Revenue Service, Statistics of Income (SOI) Division.

Billionaire Elon Musk makes a offer to Buy Twitter

Putin’s Price Hike

Recent steps by the Biden Administration to alleviate the worst effects of high fuel prices on the budgets of American families include a promise to enact the largest Strategic Oil Reserve release in history

T. ROWE PRICE INVESTING IN UNDERSERVED COMMUNITIES AND ENTREPRENEURS IN BALTIMORE

Kiva is thrilled to bring our crowdfunded, 0% interest loans to meet the needs of Baltimore’s most underserved entrepreneurs. In the U.S., where minority-owned, women-owned, and startup businesses face numerous barriers to financing, we’re proud to extend opportunity by lending to entrepreneurs based on character, not credit score,” Kiva co-founder and President Premal Shah said in a statement.

Innovative Partnerships with Community Development Financial Institutions

Yonina Gray is the Director of External Relations at Reinvestment Fund and a Chicago native with over a decade of experience building catalytic relationships with communities, governments, institutions and everything in between.

Community Reinvestment Act Basics, register now to attend this event

Join us Thursday, March 24 at 1 pm ET to learn about the Community Reinvestment Act (CRA) and explore how CRA can be used to increase reinvestment in your communities.

Market Up: Biden signs historic cryptocurrency regulation

Our racial equity commitments, one year later

One year ago today, we announced commitments to build sustainable equity for Google’s Black community and beyond, and make our products and programs more helpful to Black users. Since then, we've been working to translate our commitments into lasting meaningful change. Today we’re sharing more updates on our progress.

NFL pledges to donate $250 million over 10-year period

On the heels of the NFL affirming that black lives matter and condemning racism, the league plans to increase its social justice footprint by pledging to donate $250 million over a 10-year period.

New collaborative seeks to investment in media organizations as critical civic infrastructure

As part of RJI’s Inclusive Media and Economies Project, RJI, MMCA, and Dynasty Consulting have teamed up to help publishers of color tap into community development, revitalization, and reinvestment funds.

Netflix CEO donates $10 million to Tougaloo College

Hastings said he and his wife became familiar with Tougaloo because of the college's partnership with Brown University in Rhode Island. The $10 million donations will go to help with scholarships for students in the program with the Ivy League school.

Knight x LMA BloomLab announced; $3.2 million over 3 years to help Black-owned local media outlets

Excerpt from the Knight Foundation announcement:Feb. 21, 2022 – MIAMI – On the eve of the 15th annual Knight Media Forum, the John S. and James L. Knight Foundation announces an investment of more than $4 million over three years to help local publishers of color become more financially sustainable.

Reinvestment Fund is partnering with Dr. Andre Perry for a TWITTERSTORM about #HBCUBrilliance next week

What does #HBCUBrilliance mean to you?