Mary Schellentrager: American University Students Want Community Investment
… such as community banks and credit unions, so communities who are underserved by our area’s corporate banks can gain access to credit, loans, and the opportunity t o provide for their families. … Totaling $4. 3 million dollars, these investments would significantly impact low-income communities of color….Since 1998, City First Bank has been providing economic opportunities to underserved communities. … Their efforts have resulted in 2,000 jobs and more than 1,400 units of low-income housing for these communities….To resist isolation from the rest of the city, the university maintains a focus on internships, community service, and taking advantage of the resources and opportunities t hat the city has to offer. … Our city is immensely segregated, where communities of color have disproportionately lower incomes….
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Mary Schellentrager: American University Students Want Community Investment
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