HARLEM COMMUNITY NEWSPAPERS From the desk of
MIKE BLOOMBERG Dear Reader, Thank you for taking the time to learn about The Greenwood Initiative. As someone who has been very lucky in life, I often say my story would only have been possible in America — and that’s true. But I also know that because of the artificial barriers of discrimination, my story likely would have turned out very differently if I had been Black, and that more Black Americans of my generation would have ended up with far more wealth, had they been white. Building Generational Wealth for Black Families is Critical. That’s why I launched The Greenwood Initiative in Tulsa last month. I visited the site of the Black Wall Street Massacre, where a white mob decimated the prosperous community of Greenwood. It is to the memory of the lost lives and promise of Greenwood that we’ve dedicated The Greenwood Initiative: a plan to address the systematic bias that has kept Black Americans from building wealth.
THE GREENWOOD PLAN WILL: • Create 1 million new Black homeowners • Double the number of new Black-owned businesses • Invest $70 billion in the country’s 100 most disadvantaged neighborhoods
Fixing the System for Black Families. When I was mayor of New York, I was proud to take on the systematic inequality that held back too many New Yorkers. We increased education funding, built 650 new schools and raised Black graduation rates to record highs. We led an ambitious effort to reduce poverty and managed the largest amount of affordable housing in the nation. And as President, I will work even more aggressively to combat inequality nationwide.
Join me in ending the systemic inequality that has held Black Americans back for too long! Sincerely,
Mike Bloomberg
PAID FOR BY MIKE BLOOMBERG 2020
For more information visit
MikeForBlackAmerica.com
Harlem Community Newspapers | February 20. 2020
I understand that undoing generations of systematic discrimination won’t happen overnight, but we can make progress with a clear vision and a comprehensive plan. I’ve included a pamphlet along with this letter that lays out my plan. When I’m President, implementing The Greenwood Initiative will be a top priority.
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