High Point City Council on Tuesday greenlighted $292,460 for Lea Henry and her team at the National Institute of Minority Economic Development, to lead its reparations efforts.
The targeted $32.5 million loan program, for which $21 million has been raised, is aimed toward for-profit and nonprofit developers of local, multifamily structures.
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A draft report presented to the One High Point Commission has outlined policies to address past racial discrimination in the city. Earlier this month, the commission reviewed recommendations in areas such as housing, health, and transportation.