As the U. S. House of Representatives awaits the political fate of another multi-trillion dollar coronavirus relief bill, called the “Heroes Act”, Black Wealth 2020 (BW2020), a national catalyst for economic justice for African-Americans, is pressing Congressional leaders to unify for equity for the millions of pandemic victims who have yet to receive it.
Though the members of this coalition have made every effort to guide their members to resources designed to help them navigate stimulus programs like the Payroll Protection Program, our organizations see the need to implement equitable and transparent programs that help disadvantaged communities weather this unprecedented storm,” states a letter from BW2020, primarily addressed to House Speaker Nancy Pelosi (D-Calif.)
If the Senate passes a marked-up version of the bill, there would still be time to negotiate needed improvements through a Conference Committee, which is made up of members of the House and Senate.
Black Wealth 2020 comprises major Black organizations with thousands of members in banking, business and homeownership.
“We are unified in a common goal to shape a black economic policy agenda around three pillars: promoting black-owned businesses, black homeownership and black-owned banks,” the letter states.
