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U.S. Bank's big deal will test D.C.'s tolerance of large mergers

U.S. Bank's big deal will test D.C.'s tolerance of large mergers
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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These big banks were the least likely to serve Bay Area communities of color with PPP loans

The Paycheck Protection Program was supposed to prioritize underserved markets. But. ....

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El Sereno Trust Acquires Property for Those In Danger of Homelessness

By City News Service
May 20, 2021
LOS ANGELES (CNS) - The El Sereno Community Land Trust, which consists of some of the neighborhood s residents and stakeholders, announced today that it acquired its first property as part of a pilot program to protect people in danger of falling into homelessness.
The multifamily apartment building in Alhambra will be restored and converted into an equity sharing ownership structure with grant funds invested by the trust. Information about the cost and location of the property was not immediately available.
Member Alejandra Liera described the trust and similar ones as “nonprofits that acquire property, taking them off the speculative market and putting them in the hands of the community to prevent evictions and ensure permanent affordable housing. ....

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El Sereno Trust Acquires Property for Those In Danger of Homelessness

El Sereno Trust Acquires Property for Those In Danger of Homelessness
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Rampant racial disparities plagued PPP loan distribution - The San Diego Union-Tribune

Print
Like other Black entrepreneurs in her Inglewood neighborhood, Annie Graham has struggled to keep her business afloat during the pandemic.
At Ms. Ann’s clothing boutique on Manchester Boulevard, the Easter finery Graham stocked last spring remains on the racks. Also untouched are many of the exclusively white outfits for weddings and parties that she sells at her storefront next door, the White House. Customers, she said, mostly buy dresses now for funerals.
Annie Graham, owner of Ms. Ann’s dress shop in Inglewood, had her application last year for a PPP loan rejected.
(James Bernal for Reveal / Los Angeles Times) ....

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