Category: Black Finance

68 new businesses!

Hello, everyone! So the licenses are out and the market is starting to take shape. A market is nothing without licenses and how these new businesses fare will set the tone for the rest. Innovation will be created, difficulties encountered, and hopefully, throughout all of the struggle, good cannabis will emerge. One of the largest

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Was your home appraisal low because you’re Black? HUD Secretary Marcia Fudge releases new report on stopping racially biased home appraisals

WASHINGTON. D. C. — Michael Johnson and his wife wanted to expand the space in their Upper Arlington, Ohio home to accommodate their growing family when the pandemic kicked in. But the financial institutions from whom they sought home equity loans kept providing them with such low estimates for the value of their home in

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Regional Transit Looks To Hire Drivers

By Genoa Barrow | OBSERVER Senior Staff Writer Sacramento Regional Transit continues to search for new bus operators. Photo courtesy of SacRT. The Sacramento Regional Transit District (SacRT) is looking for a few good drivers. SacRT is hosting two in-person hiring events this month, with the goal of adding bus drivers to help fill a

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US plan aims to end racial, ethnic bias in home appraisals

(AP) – Vice President Kamala Harris announced a plan Wednesday intended to end racial and ethnic discrimination in the appraisal of home values, part of a broader federal effort to address a wealth gap that systemic inequality has perpetuated. The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize

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Biden admin to release plan to stop bias in home appraisals

By JOSH BOAK – Associated Press Vice President Kamala Harris will announce an action plan to stop racial discrimination in the appraisal of home values, according to senior Biden administration officials. The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry. Appraisers

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Biden admin to release plan to stop bias in home appraisals

By JOSH BOAK – Associated Press Vice President Kamala Harris will announce an action plan to stop racial discrimination in the appraisal of home values, according to senior Biden administration officials. The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry. Appraisers

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