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How Character-Based Lending Nurtures Community Relationships

How do you create conditions to allow healthy and resilient communities to flourish? That’s the question that first catapulted Deborah Frieze, co-founder and president of Boston Impact Initiative (BII), into action. Prior to founding BII, she’d worked at the Berkana Institute, studying complex adaptive systems and systems change. She’d noted inequality in the American economic system a system she realized was “generating inequality by design” and the particular race-based nature of how inequality manifested. When it came to battling that inequality, Frieze’s hometown felt like a critical place to start. Boston is one of the most unequal cities in the country when measured by income. When measured by wealth homeownership, control over assets, and other tools that allow people to rise above economic hardship that disparity becomes startlingly clear. A 2015 study showed that in the greater Boston area, the median net worth of a white household (meaning the value o

Startup incubator scheme for black-owned food & drink brands Add Psalt launches

Startup incubator scheme for Black-owned food & drinks businesses Add Psalt launches

Black farmers remember the agricultural accomplishments of their ancestors

Black farmers remember the agricultural accomplishments of their ancestors and last updated 2021-02-09 12:16:38-05 MONTGOMERY, Ala. — Al Hooks has been a farmer all his life. “I’m 72, will be 73 in about four months,” Al said. The business of growing crops to support the family and community has been passed down through generations. His son, Demetrius Hooks, is next in line. He s a fourth-generation farmer. “We’ve been farming about well over 100 years, Demetrius said. My great grandfather bought the land I guess back in the late 1800s.” Demetrius says his great grandfather bought the land shortly after the freeing of slaves in the United States.

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