Even accounting for factors lenders said would explain disparities, people of color are denied mortgages at significantly higher rates than White people.
An analysis of Paycheck Protection Program lending reveals stark disparities across the country. In the LA area, businesses in White neighborhoods received loans at a far higher rate than in Latinx, Black and Asian ones.
Billions of dollars were supposed to help small businesses through the Paycheck Protection Program. But the money was marred by racial inequity.
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Explore where Paycheck Protection Program loans were distributed across U.S. states and territories in Reveal’s interactive map.