New York’s Economic Spending Shortchanges Nonwhite Communities, Report Says

August 2, 2018. This article discusses a new report written by The Fiscal Policy Institute and Make the Road New York which shows that areas with a higher concentration of people of color across New York State are awarded less than their fair share of economic development funds. Additionally this study found that white males are massively overrepresented on the Regional Economic Development Councils which allocate these funds.

“The regional council competition is one of the largest sources of economic development money in the state,” the authors wrote. “Historically, this system has shortchanged communities of color.”

Here is the link to the article in the New York Times

Read the full report here.

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