Business experts nationwide seem to agree that funding remains to be
one of the biggest hurdles for emerging developers, particularly
minority and women-owned firms. The NYC Economic Development Corp, in partnership with Basis Management
Group, LLC, hopes to tackle that problem with the launch of Emerging
Developer Loan Fund, which includes $10 million of capital
committed by NYCEDC.
This election season, Black women say that economic security is their
most important issue. The news comes from a survey that Higher Heights, an organization dedicated to Black women and political engagement, recently conducted. On the heels of Black Women's Equal Pay Day, which took place yesterday, the survey outlines Black women's concerns about how they will be affected, economically speaking, by the next president to take office.