Advantages of the LA Public Bank

1
AFFORDABLE HOUSING
Provides funding for affordable housing and targeted community economic development.
2
GREEN NEW DEAL
Finances a just transition and help mitigate the effects of climate change.
3
SMALL BUSINESSES
Creates new lending opportunities for small businesses, focusing especially on communities of color.
4
WORKERS
Strengthens local economies by supporting local businesses and the creation of jobs.
5
LOCAL GOVERNMENTS
Invests directly in local governments and small businesses to create more resilient local economies.
6
LOCAL FINANCIAL INSTITUTIONS
Partner lenders to community banks, credit unions, CDFIs, and accept local government deposits.

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