Corporations and Philanthropy Underwrite a New Era of Community Finance With Racial Equity Focus, Report Says – The Chronicle of Philanthropy – DC Initiative on Racial Equity
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Since the killing of George Floyd, corporations and private foundations are underwriting a new era of community-development finance with a strong racial-equity focus, according to a new report from the Urban Institute.

“This heinous act, and other violence against people of color, catalyzed a moment of reckoning and highlighted the deep and enduring racial inequities that manifest in communities across the U.S.,” the report states.

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