The Reparations Committee announced that it will deposit the Evanston Reparations Fund into Liberty Bank, one of the largest Black-owned banks in America, at the committee’s Thursday meeting. Effective immediately, a minimum of $17 million will be deposited. “Seventeen million dollars in a Black bank is going to give more lending power and access to.
Evanston determines order for next round of reparation disbursements chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
The first residents to receive reparations through Evanston’s Restorative Housing Program have decided how they plan to use the funds, according to an update at a Reparations Committee meeting Thursday. “We felt that it was especially important, because this is so brand new, to meet one-on-one with the families,” said Ald. Peter Braithwaite (2nd), committee.