The Knoxville Area Urban League (Knoxville, TN) or KAUL received a $10,000 grant from the Bank of America to help support its housing stability programs.
Felix Harris, the VP of Housing & Community Development for the Knoxville Area Urban League said the grant will be used to help educate families on the process of purchasing a home and will provide counseling to help clients keep their homes.
“Our main focus right now is to stop evictions,” said Harris. “For those who are facing evictions from the standpoint of rent. We are assisting clients from that standpoint, helping them find and stay in their homes either through the Knox Housing Assistance Program, or just aiding them ourselves in trying to find new homes, Harris says. "The Urban League has seen an increase of clients needing assistance on keeping their homes during the pandemic.”
Phillippa Satterwhite said she became a first-time homeowner with the help of Harris and the KAUL.
The Urban League of Louisiana (New Orleans, LA), in partnership with the Foundation for Louisiana, announced the launch of the Black Business Works Fund, an initiative to assist black-owned businesses impacted by Hurricane Ida.
Black-owned businesses located in federally declared disaster areas can apply for $2,500 micro-grants.
Federally declared disaster areas include Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemine, Pointe Coupee, St. Bernard, St. Charles, St. Helena, St. James, St. John The Baptist, St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Washington, West Baton Rouge, and West Feliciana.
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Indianapolis is allocating $1 million of its American Rescue Plan funding to support the creation of a loan fund designed to support communities of color, it was announced Thursday (Oct. 21).
The $1 million will go toward the development of Indiana’s first-ever Black-led Community Development Financial Institution Loan Fund, according to the press release. (A CDFI Fund is a federal designation applied to financial institutions that support economically disadvantaged communities.)
Equity1821 was officially formed last week and is named in honor of what is believed to be the first Black-owned business established in Indianapolis by David Mallory in 1821, the press release stated.
The Urban League of Broward County (Ft. Lauderdale, FL) received a generous grant of $165,500 from Verizon.
The money will be used to develop programming within the organization that will focus on racial equity, diversity and inclusion leadership training.
It will allow the Urban League to conduct civic engagement and advocacy, as well as start important conversations about social justice. The Urban League was selected as one of only two grant recipients in South Florida.
“We are honored to be selected as one of Verizon’s Racial Justice grantees,” said Dr. Germaine Smith-Baugh, President and CEO for the Urban League of Broward County. “Verizon’s investment is one of the first leadership gifts of its kind to support critical conversations about racial equity in the workplace, business and community.”
By Brandon Drenon, Indy Star
Indianapolis is allocating $1 million of its American Rescue Plan funding to support the creation of a loan fund designed to support communities of color, it was announced Thursday.
The $1 million will go toward the development of Indiana’s first-ever Black-led Community Development Financial Institution Loan Fund, according to the press release. (A CDFI Fund is a federal designation applied to financial institutions that support economically disadvantaged communities.)
Equity1821 was officially formed last week and is named in honor of what is believed to be the first Black-owned business established in Indianapolis by David Mallory in 1821, the press release stated.
Remembering a legend. On Monday the world stood still as we learned about the passing of General Colin Powell. Here’s more on his legacy. | Fact vs. fiction. We’ve created a resource hub to combat a lot of inaccurate information online. Learn more. | What a night! On Thursday we hosted the 65th Annual Equal Opportunity Dinner. Did you miss it? Watch the full replay now. | Time is almost up! Our first-ever virtual conference was a vibe. You have until Oct. 31 to watch it before the replay is no longer available. | Latinx Identity. This week, we sit down with Natasha Alford to discuss the importance of claiming your heritage. Tune in.
Recent independent research conducted on the 2020 Census Black count estimates a potential net undercount of the Black population at extraordinarily high levels. If these estimates are anywhere near accurate, implications for Black communities and the Nation, overall, will be far reaching. The simulation, conducted by Connie Citro, Ph.D., a senior scholar at the Committee on National Statistics at the National Academies of Sciences, Engineering, and Medicine, calculated a net Black 2020 Census undercount (for persons choosing Black Alone), between 3.24% and 7.25%--potentially three times greater than the 2.3% net undercount in 2010.
Marc H. Morial
President and CEO
National Urban League
“As the world goes forward, we cannot start going backwards. African-Americans have come too far and we have too far yet to go to take a detour into the swamp of hatred. We, as a people who have suffered so much from the hatred of others must not now show tolerance for any movement or any philosophy that has as its core the hatred of Jews or the hatred of any other group. Our future lies in the philosophy of love and understanding and caring and building. Not of hating and tearing down. We know that – each and every one of us know that to the depth of our heart – and we must be prepared to stand up for it and speak up for it.” – Gen. Colin Powell, Commencement Address at Howard University, May 14, 1994
Your credit health impacts your financial well-being and ability to achieve long-term financial goals. By regularly checking your credit report and score, and increasing your financial literacy, you will know what areas to focus on to develop a strong credit profile.
