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Financial Matters

By Julius Washington, Howard University News Service (HUNS) The U.S. Court of Appeals for the 8th Circuit granted a stay on appeal Friday evening in a case challenging President Biden’s loan forgiveness plan. The decision “prohibits the appellees from discharging any student loan debt under the cancellation program,” pending a full ruling from the court. The Federal District Court in St. Louis had originally dismissed the case. Earlier on Friday afternoon, President | Read more...
By Trice Edney Communications Atlanta, Georgia – October 12, 2022 – Johnson C. Smith Theological Seminary (JCSTS) has been awarded grants totaling ,000 by some of our national’s most prominent trusts including the Ford Foundation and the Henry Luce Foundation. The yearlong grant will enable JCSTS to convene national conversations that test the interest and capacity of diverse organizations in developing sustainable approaches to Reparations. “If racism is the | Read more...
On Labor Day, September 5, volunteers from the Communications Workers of America (CWA) union and Microsoft will be hosting a “Get Connected” event at the Atlanta-North Georgia Labor Council’s annual Labor Day festival. The groups are coordinating with non-profit EveryoneOn and the Atlanta Housing Authority to pre-qualify residents for the FCC’s Affordable Connectivity Program. Internet Service Providers that offer no-cost high speed broadband plans to Affordable | Read more...
Atlanta, Georgia – Founded in 1966 with the purpose of reaching marginalized communities in the downtown region of San Diego County, Metro Community Ministries, Inc. (MCMI) has emerged as an organizational leader with an extensive history of working with poor, disadvantaged and ethnically diverse populations. The vast majority of MCMI's clients come from hard to serve populations often overlooked by other social service providers. MCMI has developed the ability to | Read more...
Atlanta-based nonprofit Operation Hope is teaming up with Wells Fargo to put financial coaches inside bank branches. The financial coaches will help people in the community achieve their financial goals through workshops and free one-on-one coaching. One of the first coaches of the program will be located in Atlanta at a Wells Fargo in Stone Mountain. Other “Hope Inside” centers will be launched in Houston and Oakland this month. The nonprofit and Wells Fargo plan to | Read more...
As an owner of a small business, various questions will almost certainly cross your mind. How much am I supposed to pay for the tax? Why am I paying a specific amount of money? Is there a way I can reduce the taxable income? This is normal because the last thing you would want is to pay a significant amount of your hard-earned money to the government as taxes.  Here are strategies you can use to reduce taxable income: Have A Retirement Plan As a small business | Read more...
Chris Bowers, a fellow in the 2022 Open Access/REAP program, stands before the Georgia State Capitol in Atlanta. Photo Credit: Joshua Sowemimo (based in Atlanta)
Following a Successful Inaugural Year, OPEN ACCESS/REAP Selects 23 New Fellowship Candidates in Community Development Finance -Initiative aims to increase BIPOC participation in a field that often serves communities of color yet remains seriously under-represented by diverse professionals Through the Open Access/REAP fellowship program Chris Bowers of Atlanta is working with the DC-based National Trust Community Investment Corporation (NTCIC) marketing and public policy | Read more...
ATLANTA, GA, Feb. 7, 2021 – Pinnacle Financial Partners is expanding its reach to North Fulton County in Atlanta. The firm has hired a team of associates to establish a presence there to serve North Fulton, Gwinnett and Forsyth County clients. They are available now in a temporary space at 11720 Amber Park in Alpharetta, GA, until a permanent, full-service location is established as early as this summer. Heading up the North Fulton team is banking veteran Scott Jordan, | Read more...
WASHINGTON – Last month, Congressman David Scott, (GA-13) and Georgia Department of Community Affairs (DCA) Commissioner Christopher Nunn announced the launch of the Georgia Homeowner Assistance Fund, a 4 million stimulus fund to help homeowners impacted by the pandemic with mortgage delinquencies, defaults, foreclosures, and past-due utilities. [Click here to watch Congressman David Scott's Remarks on the 4 million Georgia Homeowner Assistance | Read more...
Wells Fargo announced a million donation on Friday to help Atlanta small business owners own more of their businesses’ assets, including property and equipment, and to enable physical upgrades to their facilities. The United Way of Greater Atlanta, in collaboration with Invest Atlanta, will distribute the funding as a mix of grants and loans in the city, with a focus on Black-owned and other diverse-owned businesses. The donation comes from Wells Fargo’s Open for | Read more...
The AptAmigo Innovation Scholarship will support the next generation of entrepreneurs Chicago, Illinois – December 3, 2021 – AptAmigo revealed the launch of its first company scholarship. The AptAmigo Innovation Scholarship will be awarded to an aspiring entrepreneur, who is eager to make a change. After struggling with the traditional broker model, co-founder and CEO, Dan Willenborg, launched AptAmigo with the goal of it becoming the best place to start and build a | Read more...
Meta, Facebook, Instagram, WhatsApp
Meta Announces Georgia as Largest Recipient of Black Business Grants Meta COO Sheryl Sandberg Virtually Visits to Reinforce Commitment to Small Businesses Company with Mission to Create Confident Young Women of Color is Featured Meta Platforms, Inc., or Meta, is headquartered in California and is formerly known as Facebook, Inc. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Meta’s Chief Operating Officer | Read more...
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