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From YouTube: Pittsburgh City Council Post-Agenda - 9/9/21
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A
Good
afternoon
and
welcome
to
pittsburgh
city
council
post
agenda
on
receiving
a
report
called
inherited
inequitably
september
9th
at
2
p.m,
we're
so
glad
to
be
joined
today
with
myself.
This
meeting
is
co-sponsored
by
myself
and
councilman
daniel
lavelle,
and
so
we
are
going
to
now
begin
to
document
a
report
that
council
is
receiving
that
is
presented
to
us
by
a
coalition,
including
the
parents
against
violence
and
the
law
marshall
shalen
development
initiative.
A
There
is
over
a
hundred
page
report
that
they
will
go
over
over
the
next
few
minutes
detailing
how
that
the
lending
practices
of
financial
institutions
in
pittsburgh
are
discriminatory,
unfair
and
unjust,
that
of
all
the
money
lent.
Over
the
last
10
years
only
3.5
percent
have
went
to
african
americans.
A
It
is
despicable,
disgraceful,
depressing
disillusionment
and
we're
going
to
change
it,
and
so
we're
so
glad
to
have
a
panel
of
experts
who
are
here
and
so
I'm
going
to
ask
them
at
this
point
to
begin
their
presentation
and
then
councilman
law
and
I
will
have
some
questions
and
answers.
A
And
so
we're
going
to
ask
for
the
first
group
of
speakers
will
be
stanley
lowe,
chief
development
officer
of
lower
marshall,
shailen
development
initiative,
followed
by
vernon
lipscombe
president
denise
jackson,
board,
member
and
and
and
then
I
will
come
back
and
introduce
the
next
three.
B
Great
thank
you
for
having
us.
I
haven't
changed
much
so
councilman.
I
have
a
question
for
you
and
I
need
you
to
be
honest.
Can
I
just
be
blunt,
be
blunt
today
when
the
report
was
finished,
I
mean
I
really
love
this
city,
but
for
the
first
time
in
my
life,
when
a
report
was
done,
I
had
to
ask
myself:
why
am
I
still
living
here?
B
That
I
mean?
Are
these
numbers
real?
Is
this
what's
really
happening
systematically
in
our
neighborhoods?
It
began
with
a
family
member,
a
niece
of
mine
who
said
she
wanted
to
go
home.
She
was
more
laura
marshall
shaylee.
She
want
to
move
home.
I
said
to
her:
you
can't
move
there
right
now.
She
said
juan.
I
said
because
it's
not
the
neighborhood,
you
used
to
grow
up
in
it.
It's
not
the
same
community
and
she
said
well,
you
know
rule
number,
two
family
and
faith.
B
Can
we
do
something
to
fix
it?
You
were
the
director
of
the
housing
authority
you
with
with
the
national
trust,
can't
we
do
something
to
fix
it
and
she
began
calling
out
the
other
roles.
The
skill
sets
of
reading
writing.
Math,
and
so
we
took
a
look
at
it,
and
I
ran
into
a
number
of
people
who
said
their
interests
came
together.
B
B
So
I'm
gonna
ask
I'm
gonna,
ask
vernon
just
briefly
talk
about
parents
against
violence,
why
he
hosted
us
and
then
I'm
going
to
ask
diana
to
also
talk
about
her
role
in
just
in
living.
That
neighborhood
now
don't
get
me
wrong
when
we
first
looked
at
the
neighborhood.
The
first
thing
we
noticed
was:
it
was
surrounded
by
wealth.
B
The
neighborhood
was
completely
surrounded
by
wealth.
What
do
I
mean
by
that?
You
got
bus
lines,
they
got
supermarket,
they
got
allegany
center
mall,
they
got
chateau,
they
got
bellevue,
it's
surrounded
by
wealth,
but
depressed,
and
so
we
began
looking
at.
How
do
we
raise
private
capital
to
fix
up
this
neighborhood
vernon.
C
We
were
founded
on
the
belief
that
if
parents
organized
and
we
could
help
stop
youthful
game
violence
occurring
in
our
communities,
we
organized
our
young
people
held
many
marches,
rallies
meetings
and
programs
in
an
effort
to
curtail
youthful
violence
in
collaboration
with
allegany
general
hospital's,
pediatric
trauma
center
and
the
pittsburgh
gun
task
force.
We
saw
1415
guns
removed
from
our
seats,
our
streets
and
the
first
goods
for
guns
collection
in
pittsburgh.
C
Our
summer
program
included
a
reading
club,
an
art
class
for
children,
basketball,
tournaments
and
an
underground
railroad
steam
mural
project
pav
collaborates
with
other
community
organizations
to
fulfill
neighborhood
needs.
These
partners
include
pittsburgh
project
university
of
pittsburgh,
carlow
university,
ccac,
american
heart
association
and
pittsburgh
community
services
incorporated
in
the
past
two
years.
We
have
served
more
than
2
000
people
in
2019
pittsburgh,
neighborhood
preservation,
services
known
as
pnps
and
residents
of
the
lower
marshall
shadeland,
which
is
also
lmsdi,
came
to
us
and
asked
if
we
would
sponsor
them
on
a
bold
new
initiative.
C
They
wanted
to
utilize
the
private
sector
to
revitalize
lower
marshall
shadeland.
Not
only
did
we
say
yes,
we
helped
them
with
their
fundraising
activities
and
became
their
sponsoring
agents.
They've
grown
a
lot
since
2019
and
have
become
their
own
standalone
organization
today
they
seek
to
provide
affordable
housing
in
their
community.
C
The
reason
we
are
here
today
is
because
their
community
faces
a
huge
vacant
property
abandonment
issue.
They
sought
funding
from
financial
institutions
that
have
found
that
private
financing
is
in
short
supply.
They
thoroughly
researched.
Why
private
funds
funds
are
not
available
from
lenders
in
the
marshall
shadeland,
as
well
as
other
pittsburgh
neighborhoods,
their
work
has
led
them
to
produce
a
study
of
a
far-reaching
magnitude.
C
D
D
Our
organization
and
lower
marshall
shape
and
development
initiative
lmsdi
for
short
exists
to
improve
the
housing
conditions
in
marshall
shadeland,
I'm
on
the
lmsdi
board,
because
I've
lived
and
raised
my
family
here,
and
I've
watched
my
neighborhood
change,
not
always
for
the
better.
Let
me
tell
you
a
few
facts
about
the
changes
that
have
happened.
In
my
neighborhood
marshall.
Shadeland
is
55
african-american,
the
neighborhood
has
lost
2
of
its
black
population
between
2010
and
2020..
D
D
D
D
I'm
committed
in
my
neighborhood,
and
I
reinforce
my
board's
commitment
to
revitalize
the
lower
marshall-shaping
area.
Why?
The
answer
is
simple:
black
loans
and
black
lives
matter
help
us.
Let
the
financial
institutions
understand
that
equal
lending
patterns
and
practices
are
not
a
wish.
It's
a
federal
law.
As
I
finish
my
remarks,
I
want
to
thank
you
for
the
opportunity
to
be
here
with
you
today.
B
Councilman,
what
she's
handing
to
you
right
now
to
your
right
is
a
document
that
they
put
together
black
lives
and
black
loans
do
matter
and
we'd
like
for
you.
Yes,
we
like
you
to
take
a
look
at
that,
because
we
believe
that
no,
we
don't
believe
we
know
that
the
only
way
neighborhoods
can
really
truly
be
revised
is
if
bank
lending
takes
place
in
that
community.
B
When
we
read
the
statistics
of
the
lending
or
the
lack
of
lending
in
that
neighborhood.
Quite
frankly,
we
were
shocked.
There
was
a
lender
in
their
neighborhood
who's
only
made
been
there
how
many
years
dan
been
there
a
hundred
years
in
the
last
20
years,
they've
only
made
two
black
loans,
they're,
not
the
only
ones.
There
are
other
ones
in
the
city.
When
we
saw
what
lenders
were
and
were
not
doing,
we
asked
the
much
larger
question
and
the
larger
question
that
most
people
don't
wrap.
B
B
Do
they
lend
to
african-americans
and
african-american
neighborhoods
when
that
question
came
up
and
it
came
up
because
of
the
work
that
we
were
doing
in
marshall
shailen,
we
said:
how
do
we
find
the
answer
to
that?
B
E
B
Community
reinvestment
group-
and
they
didn't
know
they
said
check
with
your
universities,
and
so
we
did.
We
were
able
to
get
be
in
touch
with
carnegie
mellon
university
and
for
those
of
you
who
do
not
understand
how
this
works,
most
financial
institutions
are
required
to
report,
not
your
names
but
they're
required
to
report.
They
made
a
loan
in
a
specific
geographic
area,
all
banks
that
information
then
goes
to
washington
dc
to
fdic
once
it
gets
to
fdic
they're,
the
keeper
of
all
the
records
across
the
country.
B
So
we
knew
that
the
banks
were
required
to
report
it.
The
question
is:
how
do
we
get
all
that
information
back
from
washington
to
pittsburgh?
Well,
it
became
a
daunting
task.
It
took
us
almost
a
year
and
a
half
in
in
part
because
they
report
the
data
by
census,
tracts
and
because
they
report
the
data
by
census
tracts.
B
B
Also
working
with
leslie
lexi
ross
regas,
we
were
able
to
bring
all
the
data
back
to
pittsburgh.
They
interpreted
the
data
working
with
dr
dan
holland
and
we
were
able
to
convert
all
that
information
from
washington
dc
neighborhood
by
neighborhood,
so
that
every
person
in
the
city
of
pittsburgh
will
know
what
banks
are
lending,
what
money
in
their
neighborhoods.
B
In
addition
to
that,
we
asked
the
second
question.
Okay,
we
now
know
how
many
banks,
how
much
money,
what
neighborhoods
but
there's
a
second
part
to
that-
and
this
is
the
biggest
misnomer
the
biggest
misnomer-
is
that
when
you
say,
affordable
housing,
most
people
jump
to
the
conclusion
you're
talking
about
public
housing.
Well,
that's
not
true.
Affordable
housing
is
basically
what
you
can
afford,
that's
what
it
is
and
the
banks
are
supposed
to
play
in
that
game
too,
affordable
housing
in
the
city's
domain.
B
There
are
agencies
that
lend
money
for
affordable
housing.
You
know
them
as
the
housing
authority,
the
urban
redevelopment
authority,
the
pennsylvania,
housing
finance
agency.
All
these
agencies
exist
to
lend
money
too.
Well,
if
we're
gonna,
look
at
all
the
banks
in
the
city
shouldn't
we
look
at
all
those
financial
institutions.
I
mean
all
those
agencies
as
well.
We
did
so
we
did
it.
The
kind
of
unconventional
way
we
said
every
time,
the
urban
redevelopment
authority
or
every
time,
the
housing
authority
or
every
time,
phfa
pennsylvania,
housing
finance
agency,
made
money
available
in
your
neighborhood.
B
So,
with
the
help
with
lexi
and
cmu
and
with
dan
and
with
the
number
of
people
we
know,
we
went
and
gathered
the
board
records
over
the
last
10
years
of
the
housing
authority,
their
development
authority,
pennsylvania,
housing,
finance
agency
and
looked
up
every
board
motion.
They
made
to
determine
where
the
money
went
and
with
that
looking
that
up,
we
were
able
to
compare
where
the
public
dollars
went
and
where
the
private
dollars
went.
That
then
helped
dr
dan
hall
and
put
together
a
study
which
he's
going
to
talk
about
now.
G
I
will
try
to
make
this
as
brief
as
possible,
because
I
know
there's
a
lot
of
data
out
there,
but
one
thing
that
strikes
me
when
we're
sitting
in
this
room.
It
was
26
years
ago
that
stanley
and
I
organized
200
people
to
save
the
community
reinvestment
act.
It
was
threatened
by
elimination
by
a
hostile
republican
congress.
G
We
sat
here
with
people
from
all
over
the
country.
Probably
some
of
your
colleagues,
you,
you
know
well
and
we
saved
it
with
our
bank
partners
and
and
politicians
and
community
folks
and
the
banks
at
the
time
were
making
good
progress.
G
We
we
actually
looked
at
that
in
five
years,
just
12
banks
provided
15
percent
of
their
loans
african-americans
and
some
banks
were
we're,
told
the
city
was
prepared
to
withdraw
money
out
of
these
banks
until
the
bank
fight
these
banks
came
to
the
to
the
front,
but
since
that
time
things
have
changed
drastically.
G
G
The
public
funds
is
the
flip
side.
These
three
agencies,
the
housing
authority
phfa
and
the
ura
provided
3.4
billion
to
city
neighborhoods
in
10
years,
so
compare
3.4
billion
to
11.8
in
bank
loans.
There
really
is
no
comparison,
but
when
you
look
at
where
the
money
is
going,
the
minority
neighborhoods
are
55
percent
reliant
on
public
funds
for
affordable
housing.
G
G
We
looked
at
the
city
council
districts
and
again
I
will
be
brief,
but
basically,
as
I've
talked
before,
a
quarter
of
all
bank
loans
are
approved
in
district
8
representative
by
councilman
erica
strasberger,
whereas
only
3.8
percent
are
of
the
bank.
Don't
loan
dollars
are
in
councilman
burgess's
district.
G
G
We
conclude
that
while
low-income
minority
neighborhoods
get
the
public
dollars
high-income
white
neighborhoods
get
all
the
bank
dollars.
This
just
simply
isn't
sustainable.
This
is
why
we're
calling
this
report
inherited
inequality,
because
a
whole
generation
of
african-americans
have
been
left
behind
by
banks.
Public
funds
alone
will
not
rebuild
minority
neighborhoods.
Private
capital
is
essential
to
rebuild
communities
and
build
generational
will.
G
G
How
is
it
that
a
bank
which
has
stood
in
marshall
shadeland
since
1930
a
community
which
is
at
least
55
percent
minority,
made
only
two
loans
to
african
americans
in
14
years
and
still
get
a
satisfactory
cra
ring?
Last
year,
this
same
bank
made
zero
loans
to
anybody
in
the
neighborhood
they've
been
in
for
almost
100
years.
G
G
We
believe
that
this
review
will
help
the
city
deposit
its
funds
only
into
banks
which
are
meeting
the
needs
of
low-income
and
minority
communities,
and
then
our
final
call
is
to
encourage
pennsylvania
to
pass
a
statewide
community
reinvestment
law.
There
are
only
four
other
states
that
have
one
massachusetts,
new
york,
connecticut
and
illinois,
and
we
believe
that
a
similar
law
would
assist
the
governor
state
legislators
and
local
leaders
to
evaluate
the
performance
of
176
financial
institutions
started
to
do
business
in
our
state.
G
So,
as
we
mentioned,
I'm
concluding
here
that
some
banks,
such
as
dollar
and
pnc
of
as
we've
highlighted,
are
doing
outstanding
jobs,
meeting
the
needs
of
pittsburgh
african-american
communities
for
551
institutions
which
have
made
no
loans
african-americans
in
13
years,
among
many
other
institutions.
Perhaps
it
is
time
that
they
step
up
and
make
a
commitment.
G
A
We'll
come
back
to
you,
I
do
want
to
say
that
we
are
joined.
I
can
see
remotely
by
councilman
bobby
wilson
and
councilwoman
strasberger,
where
I
do
see
you
on
the
screen
and
we
we
welcome
you
to
this
post
agenda
and
I'm
not
sure
we
have
sound
for
you
yet,
but
when
the
time
comes,
council
people
will
give
you
opportunity
to
chat.
Thank
you
very
much.
That
brings
us
to
jerome.
H
So
I'm
gonna
be
brief.
This
this
report
brings
out
or
has
a
lot
of
information
in
it
and
it
sheds
light
on
a
lot
of
issues
or
brings
to
light
some
issues
as
it
relates
to
lending
in
the
african-american
community
and
and
so
this
report
could
be
viewed
in
a
number
of
different
ways
based
on
the
individual.
The
group
reviewing
the
report
and
there
are
various
things
that
people
can
pull
out,
such
as
what
dan
was
saying.
H
H
So
I
believe
this
report
provides
us
with
an
opportunity
to
resolve
that
issue
and
and
resolve
some
other
issues
as
well,
and
the
issue
that
I'm
talking
about
is
the
lack
of
private
dollars
invested
into
the
african-american
community.
So
we
cannot
develop
african-american
communities
like
homewood
and
others
without
private
investment.
H
If
we
continue
to
rely
solely
on
public
dollars,
it
would
take,
as
I
said
outside
30
years,
to
develop.
Homewood
homewood
has
over
you
know,
close
to
2
000
vacant
lots,
600
vacant
buildings,
and
you
know
our
organization
doing
five
home
ownership
houses
at
a
time
or
at
a
year
or
whatever
it
takes
us
30
years
to
really
develop
homewood
into
a
community
that
is
comparable
to
you
know:
shadyside
squirrel
hills.
You
know
that
has
its
own
business
district
in
in
residential
as
well.
H
So
you
know,
as
I
use
an
example
outside
I'll
use,
the
same
example
here
so
the
the
example
of
the
investment
disparity
and
that
the
report
points
out
that
really
caught
my
eye
was
the
amount
of
dollars
that
go
into
a
neighborhood
per
person.
Per
capita
per
person
was
astounding
to
me.
H
So
what
I
did
was
I
took
two
neighborhoods
that
are
very
close
together,
homewood
south,
that
has
about
a
little
over
a
little
over
2
000
residents,
and
then
I
also
took
north
point
breeze,
which
has
a
about
1700
residents
in
it,
which
are
literally
50
yards
apart
from
each
other.
H
The
bus
way
and
the
railroad
tracks
divide
those
communities
when
you
look
at
the
investment
dollars
into
each
of
these
communities,
we're
looking
at
64
000
per
person
of
private
investment
dollars
going
into
north
point
breeze,
then,
on
the
other
hand,
when
we
look
at
the
investment
dollars
going
into
homewood
we're
looking
at
five
thousand
dollars
per
person
of
private
investment
going
into
homewood
south,
you
know
that's
a
that
is
a
59
000
discrepancy
in
investment
dollars
per
person,
so
for
development
to
take
place
in
communities
like
homewood.
H
H
What
we
are
asking
is
that
you
know
we
see
this
as
an
opportunity
for
banks
and
organizations
like
operation,
better
blocks
and
and
other
to
work
together
to
develop
our
communities.
I
see
this
as
an
opportunity
to
use
this
information
to
work
together
to
create
stable
african
american
communities.
H
The
information
in
this
report
is
basically
broken
down
by
district
from
the
most
amount
of
private
and
public
dollars
to
the
least
amount,
and
that's
flips.
H
You
know,
as
mr
lowe
was
saying,
and
when
you
look
at
private
dollars,
we
have
the
shady
side-
squirrel
hills
on
top,
but
when
you
look
at
the
public
dollars,
you're
looking
at
the
homewoods
and
the
others
on
top
of
getting
the
most
of
those
funds,
so
we
really
just
want
to-
and
I
really
just
want
to
impress
upon
us
at
this
table
that
this
is
an
opportunity
for
us
to
really
look
at
putting
together
an
op.
You
know,
programs
and
and
funding
that
can
help
us
develop
our
communities.
H
B
Know
there
is
nothing
wrong
matter
of
fact.
30
years
ago
I
sat
in
then
what
was
union
national
bank-
and
I
remember
looking
at
the
president
and
the
president
looking
at
me.
The
first
words
out
of
my
mouth
was:
we
do
not
want
you
to
do
any
bad
deals.
We're
not
sitting
here
asking
you
to
do
any
bad
deals.
B
B
B
B
The
bank
said
to
ben
hayler
and
said
to
mayor
sophie
masloff,
don't
tell
us
how
to
run
our
bank
and
we
won't
tell
you
how
to
run
the
city
without
even
talking
to
me
mayor,
sophie
masloff
removed
30
million
dollars
in
two
days
just
took
it
out.
The
bank
you
see,
there's
got
to
be
a
partnership
between
local
government
and
the
financial
institutions
that
make
sense.
B
B
B
She
wasn't
a
very
sophisticated
lady,
but
she
would
meet
with
bank
presidents
and
she
would
simply
say
to
them:
look
you're
a
billion
dollar
company.
I
really
don't
care
about
all
the
stuff
you're
doing.
What
I
want
to
know
is
what
are
you
doing
in
my
neighborhood?
What's
what's
going
on
in
my
neighborhood
that
helps
me.
B
What's
going
on
in
my
neighborhood
they're,
not
going
to
pick
110
pages
up
and
do
that,
so
we
decided
we,
a
collection,
decided.
Why
don't
we
build
a
website
where
people
simply
go
to
and
see
what's
going
on
in
their
neighborhood,
and
so
again
we
turned
to
in
this,
and
we
turned
to
lexi
from
carnegie
mellon
and
we
built
a
database
and
I'm
gonna.
Let
them
share
with
you
what
we've
done.
I
I
So
you
think
you
know
your
city.
We
all
think
we
know,
but
it's
possible.
We
have
no
idea,
and
this
website
is
built
to
give
you
an
idea
of
not
just
data
but
how
we
care.
There's
a
there's,
a
caring
aspect
of
this.
If
we,
if
it
was
only
for
the
the
scholars
or
only
for
the
big
wigs,
you
know,
it'd
be
somewhere
else,
but
this
is
accessible
to
everybody,
a
very
simple
domain
name
to
remember:
pghlending.com,.
I
On
this
website,
you
will
see
our
objective,
something
we
say
in
pittsburgh
is
nebby,
that's
one
of
our
words.
We
say
nebby,
it
means
you're,
nosy
you're,
going
into
someone's
information,
and
this
is
information
you
should
be
nebby
about
when
it
comes
to
your
neighborhood
and
what
you
deserve
to
know.
So
we
wanted
to
start
off
by
saying
that
you
deserve
to
know
the
data,
and
that
is
where
your
confidence
can
come
from
in
the
future,
knowing
what
you
need
to
know.
I
So
we
do
a
decent
summary
here
of
what
you
need
to
know
here
and
we
offer
the
scroll
and
click
method.
So,
as
you
go
down,
the
website
you'll
see
highlighted
points
that
talk
about
the
times
in
which
the
data
and
the
research
was
collected
right
here
you
see
us
going
from
2010
to
2020
and
how
the
public
investments
were
found.
I
I
This
is
a
book
cover
of
the
black
loans
and
black
lives
matter,
publication
that
has
gone
out
through
mlmsdi.
I
So
you
are
guided
here,
and
this
is
a
multimedia
space
where
we
can
engage
the
community.
We
don't
just
want
to
bore
you
with
data.
We
want
to
engage
you
with
with
the
information
and
a
little
a
little
piece
of
information
here.
So
this
is
a
video
you'll
see
different
videos
throughout
the
website.
That
give
you
a
more
I
more
of
a
good
idea
on
what
what
to
expect
here.
So,
let's
see.
I
H
I
I
11.8
billion
another
number
that
gets
repeated
throughout
that's
privately
financed
3.4
is
publicly
funded.
How
they
compare
is
how
we'll
go
forward.
We
have
some
beautiful
data,
that's
listed
in
here
in
maps
and
graphs.
That
really
show
the
interactive
way
to
discover
more
about
each
section,
and
I
know
lexi
will
talk
a
little
bit
more
about
how
this
is
all
broken
down,
but
this
is
here
and
available
to
everyone.
I
All
right,
so
we've
got
to
follow
the
money.
This
is
where
it
gets
good.
I
want
to
find
my
district,
so
if
I
want
to
find
my
district,
that's
what
I
click
on
and
we
look
at
dollars
by
district
in
order
from
lease
to
funded
most
to
least
funded
district,
so
along
the
lines
of
finding
where
your
neighborhood
lies
and
which
district
your
neighborhood
is
in,
we
are
also
helping
you
see
how
it
ranks
among
the
others.
So
that's
how
you
get
to
be
nebby.
I
I
I
picked
district
six
for
a
couple
reasons,
all
right.
So
little
do
we
know
district
six
covers
from
the
hill
district,
all
the
way
to
downtown
and
include
some
of
the
north
side
that
we're
used
to
hearing
about
so
manchester
is
in
this
district,
and
it
really
helps
us
see
who
our
neighbors
are,
what
kind
of
neighbors
we
have
and
where
they're
from
now
in
this
video,
I'm
gonna
actually
mute.
I
I'm
gonna
actually
mute
the
audio
just
so
you
all
can
kind
of
see
where
we're
covering
and
why
now
the
voice
of
district
6
happens
to
be.
I
All
right
so
you're
gonna
have
to
go
on
the
website
to
see
a
little
bit
more
about
that,
but
we
do
also
list
the
data
in
these
in
these
videos
as
well
so
say
you
have
somebody
who's,
not
really
gonna
read
the
the
information,
they
may
go
a
different
way
and
they
may
be
able
to
receive
the
information
you
know
through
animation
and
things
like
that,
and
so
that's
why
we
offer
that's
why
we
offer
it
in
this
way.
I
So
we
scroll
further
down
you
see
more
about
who
represents
the
the
councilman
are
daniel
revell
lavelle
here
and
all
of
the
information
and
the
data
is
listed
below
so
you'll
be
able
to
scroll
and
see
and
crunch
numbers
right
along
with
us.
I
Back
button
is
especially
useful
if
you
go
to
this
website
you're
on,
find
my
district,
and
you
really
can't
find
it
because
there's
so
many
listed,
there
is
a
find
button
in
every
browser,
or
you
may
hit
control
f,
and
if
I'm
looking
for
oakland,
it's
going
to
highlight
within
the
website
and
then
you
can
view
your
district
from
there.
So
so
yes,
this
is.
This
is
where
we
are
how
we
rank.
This
is
up
in
the
navigation
at
the
top.
How
everyone
ranks
is
listed
here
as
well
via
private.
I
We
separate
them
out
and
we
list
them
in
a
way
that
you
can
have
a
conversation
about
them
and
that's
the
most
one
of
the
most
important
things
about
this
is
that
you
are
equipped
with
the
data
to
have
a
conversation
that
could
possibly
change,
lives
and
change.
How
leadership
views
communities
so
this
is
this
is
the
perfect
tool
that
we
are
now
equipping
you
with
so
lexi
you're
invited
to
come
and
share
a
little
bit
more.
Thank
you.
So
much.
B
When
the
data
was
first
taken
from
the
federal
fdic
in
washington
dc
and
we
contacted
carnegie
mellon
university,
lexi
you're
you're
done
now
right,
lexi.
J
J
He
knew
that
I
had
a
passion
for
geographical
information
systems
and
knew
that
I
had
a
passion
to
help,
stop
inequality
and
injustice
in
my
community,
and
I
thought
that
you
know
it
was
a
great
opportunity
to
be
introduced
to
this
project,
because
it
is
a
combination
of
those
two
things
that
I'm
so
passionate
about.
J
J
So
if
we
scroll
down
here,
we
get
an
introduction
of
the
city
of
pittsburgh
as
a
whole
and
those
numbers
that
candace
talked
about
the
11.8
billion
dollars
in
private
funding
and
the
difference
between
minority
and
majority
populations.
J
So
if
we
continue
to
scroll
down,
we
will
be
introduced
to
the
different
tables
that
we
included
in
our
report,
and
this
is
a
page
that
not
many
people
will
want
to
go
to
just
because
of
how
many
numbers
there
are.
But
this
is
definitely
useful
for
people
who
want
to
see
the
exact
numbers
that
we
used,
how
we
made
the
maps
that
I'm
going
to
introduce
next
and
also
just
view
the
data
and
do
their
own
interesting
analog.
J
Excuse
me,
analysts,
analyzations,
I'm
so
sorry,
while
not
leaving
the
site
so
going
to
the
next
page.
This
is
where
I
had
a
heavy
hand
with
things
with
professor
weinberg,
where
we
actually
input
these
all
this
data
into
data
visualizations,
specifically
maps
and
charts.
J
J
J
J
so
scrolling
back
up.
This
is
another
database
visualization
that
we
created,
which
is
loan
fee
raised
by
neighborhood
in
a
different
form.
So,
instead
of
a
map,
this
is
a
data
visualization
with
stacked
bars
that
show
the
amount
of
loans
by
race
by
neighborhood.
So
you
can
select
whatever
neighborhoods
you
want
to
compare
so
say
I
just
want
to
look
at
allegheny,
west,
allegheny,
center
and
allentown.
J
I
can
select
those
and
then
it'll
pop
up
here,
showing
that
there
was
133
white
loans
in
allegheny,
western
center
45
of
race
missing
and
nine
black
loans
versus
in
allentown.
There
was
151
white
50,
race,
missing
and
14
black,
so
this
is
just
another
way
to
really
be
able
to
compare
specific
numbers
between
neighborhoods.
J
That
may
be
interesting
to
some
users.
So,
going
on
to
the
final
page,
we
also
wanted
to
include
an
analysis
of
information
by
bank
by
neighborhood,
rather
than
just
by
race,
by
neighborhood.
J
So
here
we
can
see
all
of
the
different
banks
by
neighborhood,
so
for
here,
allegheny
western
center
has
a
bunch
of
different
banks
and
if
you
scroll
down
it's
a
lot
of
data,
that's
why
it's
very
useful
to
be
able
to
just
select
certain
neighborhoods.
We
can
see
the
actual
dollar,
I'm
sorry,
the
actual
number
of
races
people
by
race
that
was
lent
to
in
the
city
of
pittsburgh.
J
So
you
can
view
this
data
visualization,
compare
those
numbers
and
also
have
a
table
of
where
they're
actually
located
and
see
the
total
number
of
bank
assets
between
2010
and
2020,
and
then
the
rest
of
this
page
includes
a
couple
more
tables
that
may
be
useful
to
some
people.
But
the
real
important
part
of
this
page
is
that
data
visualization
at
the
top
to
compare
different
neighborhoods.
J
So
with
that,
that's
a
whole
summary
of
the
website
definitely
recommend
visiting
pghlending.com
to
view
information
about
your
neighborhood
and
compare
it
to
your
neighboring
neighborhoods,
and
with
that
I
will
pass
it
back
to
stanley.
B
Thank
you
that
took
a
lot
of
work.
We
went
through
many
iterations
of
trying
to
make
this
happen.
I
haven't
said
this
before,
but
I'm
going
to
say
it
today.
Is
everything
here
perfect
hell?
No,
it's
not
that's
where
the
partnership
comes
in,
that's
where
we
want
to
continue
to
work
with
anybody,
but
the
most
important
piece
is:
the
information
must
be
out
there.
B
B
B
B
He's
been
at
this
a
long
time
he's
testified
all
over
the
country
he's
worked
with
a
number
of
financial
institutions,
etc.
So
I
asked
him:
could
he
come
in
and
share
with
us
his
thoughts
about
what
we've
done
and
what's
going
on
around
the
country
and
perhaps
even
make
some
suggestions
how
a
good
partnership
works?
B
F
Dr
squire,
thank
you
stanley
and
I
do
remember
our
collaboration.
Many
years
ago,
stanley's
asked
me
to
to
come
here
and
talk
a
little
bit
about
the
historical
and
national
context
in
which
this
report
sits
and,
and
I'm
going
to
do
that,
but
I
am
going
to
conclude
with
some
very
specific
recommendations
or
suggestions
on
how
to
build
on
the
six
primary
recommendations
at
the
end
of
this
report,
so
bear
with
me.
F
F
I
listened
to
the
president
of
the
u.s
chamber
of
commerce,
give
the
state
of
the
business
report
a
couple
of
years
ago,
and
he
began
by
talking
about
the
decline
of
median
income,
the
median
income,
the
decline,
what
the
average
family
was,
making
the
fact
that
jobs
weren't
paying
a
decent
wage
that
unemployment
was
high
and
I
turned
to
the
person
I
was
with-
and
I
said,
am
I
the
afl
cio?
F
Is
this
the
us
chamber
of
commerce
and
he
went
on
and
on
about
the
evils
of
inequality,
but
it
came
back
down
to
earth
because
he
talked
about
what
we
do
about
these
problems.
What
we
do
about
these
problems
is
get
rid
of
needless
regulations
and
reduce
taxes,
and
I
knew
I
was
back
in
in
the
world
that
I
should
be,
and
I
think
that
this
larger
context
of
inequality
is
what
shaped
both
the
lending
patterns
that
we
see
here,
which,
in
turn
reinforce
the
kinds
of
inequalities
that
we've
been
witnessing.
F
There
were
two
recent
books
written
by
two
british
epidemiologists.
These
are
not
social
scientists.
These
are
epidemiologists
and
they
looked
at
the
issue
of
inequality,
both
globally
and
within
the
united
states,
and
they
compared
states
in
the
united
states.
Looking
at
at
various
indicators
of
social
problems.
Looking
at
states
that
had
high
levels
of
inequality
versus
states
that
had
low
levels
of
income,
inequality,
this
was
and
what
they
found
was.
F
What
was
particularly
interesting
about
this
research
was,
they
then
looked
at
the
impact
of
average
incomes
and
what
they
found
was
states
that
had
very
high
average
incomes
and
were
very
rich,
didn't
do
any
better
than
states
that
had
very
low
incomes
and
were
very
poor.
It
wasn't
the
total
income
that
mattered.
F
It
was
the
distribution,
it
was
the
inequality
that
was
shaping
these
problems
and
causing
these
social
problems,
and
I
think
that's
important
to
keep
in
mind
when
we
look
at
any
particular
social
problem,
whether
it's
like
I
said,
mass
incarceration
or
climate
change
or
pick,
you
pick
your
favorite
that
that
that
it
seems
to
me
we
need
to
understand
this
larger
context
of
inequality
that
that
we're
operating
in
now,
when
I
look
at
the
report,
as
I
said
at
the
press
conference,
these
findings
are
striking,
but
they're,
not
at
all
surprising.
F
These
findings
are
consistent
with
what
has
been
found
in
study
after
study
by
advocacy
groups,
government
agencies,
scholars,
think
tanks
and
just
about
anybody.
That's
looked
at
mortgage
lending
practices
for
the
last
50
or
60
years,
and
perhaps
the
most
compelling
study
was
actually
done
by
the
boston
federal
reserve
in
the
mid-1990s
when
they
found
that
among
equally
qualified
black
and
white
borrowers.
F
F
In
addition
to
what's
included
in
the
home
mortgage
disclosure
act
and
when
you
control
in
all
of
this,
they
found
that
white
that
the
blacks
were
1.6
1.6
times
more
likely
to
be
rejected
than
equally
qualified
whites,
that
approximately
17
of
blacks
were
being
rejected
and
11
of
whites
were
being
rejected
among
people
who
were
equally
qualified
and
what
I
particularly
liked
about
this
was
when
aaron
greenspan.
Then
chair
of
the
federal
reserve
was
testifying
before
henry
waxman
in
congress
and
waxman
says
to
him.
F
Oh
first
green
spanning
acknowledged
that
for
the
first
time
he
realized
there
was
discrimination
in
the
mortgage
market.
This
was
in
the
mid
1990s
green
greenspan
didn't
know
this
before
then,
and
so
waxman
says
you
found
that
your
view
of
the
world,
your
ideology
was
not
right,
it
was
not
working
greenspan
agreed,
he
says
quote,
that's
precisely
the
reason
I
was
shocked
because
I
had
been
going
for
40
years
or
so
with
considerable
evidence
that
it
was
working
exceptionally
well.
F
I
made
a
mistake
in
presuming
that
the
self-interest
of
organizations
specifically
banks
in
such
that
they
were
best
capable
of
protecting
shareholders
and
equity
in
the
firms.
I
discovered
a
flaw
in
the
model
that
I
perceive
is
a
critical
functioning
structure
that
defines
how
the
world
works.
Now
in
his
defense.
I
guess
I
could
say
greenspan
is
a
protege
of
anne
rand
and
if
you
know
anything
about
ann
ran,
you
shouldn't
be
surprised,
but
but
by
the
the
these
kinds
of
findings,
but
what
what?
F
What
we're
realizing
is
that
the
market
doesn't
necessarily
work
the
way
we're
told
that
it
should
work
and
and
and
when
I
look
at
the
report
to
me,
the
most
striking
finding
is,
as
has
been
mentioned
several
times,
there
are
551
banks
in
pittsburgh
that
made
no
loans
to
african
americans
in
13
years,
even
though
those
banks
made
a
total
of
2
800
loans
for
more
than
1
billion
dollars.
F
My
first
thought,
when
I
read
this
was
I
didn't
think
you
could
achieve
this
result.
If
this
is
what
you
were
trying
to
do,
that
somehow
an
african-american
would
stumble
into
the
wrong
bank
and
the
wrong
loan
officer
would
approve
and
he
might
get
fired
later,
but
there'd
be
at
least
a
handful
of
loans.
This
is
this
is
remarkable.
F
Now
it
is
true
that
the
public
sector
is
doing
a
better
job.
It
is
as
you've
all
agreed
that
that
you
know
the
public
sector
doesn't
have
the
resources
that
the
financial
resources
to
make
all
the
loans
that
are
necessary
for
for
affordable
housing
and
and
the
investment
needs
of
of
neighborhoods.
But
the
public
sector
does
have
tools
that
it
can
use
to
steer
private
investment
activity,
and
let
me
offer
a
few
observations
based
on
the
the
the
six
recommendations
in
the
report.
The
first
recommendation
calls
for
stronger
enforcement
of
fair
lending
rules.
F
I
was
going
to
say
it
seems
to
me:
how
could
you
argue
with
that,
but
I
read
the
wall
street
journal
and
every
day
they
argue
with
that,
but
there's
two
issues
in
particular
that
that
advocacy
groups
have
been
raising
literally
for
decades,
and
that
is
first
of
all,
it's
time
to
understand
that
banks,
service
areas
are
not
just
the
neighborhoods
where
they
have
bridge
brick
and
mortar
branches.
F
We
have
banks
now
that
are
making
loans
in
cities
and
states
outside
the
city
or
the
state
where,
where
there
they
may
be
headquartered
and
they're
doing
a
lot
of
loans
in
those
areas,
and
I
think
it's
important
and
I
I
don't.
I
just
think
it's.
The
advocacy
groups
have
been
saying
for
decades
that
we
need
to
redefine
service
areas
so
that
these
lenders
are
making
loans
to
low
and
moderate
income
communities
in
the
entire
areas,
where
they're,
where
they're
doing
business
and
not
just
where
their
headquarters
happen.
To
be.
F
That
the
federally
regulated
depositories
are
obligated
to
ascertain
and
be
responsive
to
the
credit
needs
of
all
neighborhoods
in
their
service
areas,
including
low
and
moderate
income
neighborhoods.
My
second
observation
on
this
recommendation
is
that
that
definition,
that
piece
of
the
law
should
be
revised
so
that
there's
an
explicit
reference
to
minority
neighborhoods
the
cra,
even
though
it
was
enacted
primarily
in
response
to
overwhelming
evidence
of
racial
discrimination
in
mortgage
markets.
The.
G
F
There's
one
minor
piece
of
the
regulation
somewhere
that
says
that
in
evaluating
a
bank,
one
of
the
many
things
that
might
be
used
to
in
evaluating
or
determining
their
rating
would
be
evidence
of
discrimination.
But
it's
just
you
really
have
to
look
for
it
to
find
it,
and
it
seems
to
me
that
that
that
the
the
evaluation
of
lending
institutions
ought
to
be
more
explicitly
based
on
ascertaining
and
being
responsive
to
the
credit
needs
of
their
entire
service
area,
including
low
and
moderate
income
and
non-white
neighborhoods.
F
By
the
way
there
is
the
the
cra
is
being
revised.
As
we
speak,
there's
there's
and
just
yesterday,
the
the
the
comptroller
concern
of
the
currency
announced
that
they
were
withdrawing
the
regulation
that
had
been
enacted
under
the
trump
administration.
That's
one
small
step
in
the
right
direction,
so
these
are
two
steps
that
I
think
should
should
are
important
in
term
when
we
think
about
stronger
enforcement
of
the
cra
and
related
regulations.
F
The
issue
of
inequality
for
a
moment,
cities
and
suburbs
across
the
country
are
creating
offices
of
diversity,
equity
and
inclusion.
I
recently
said
in
a
conference
where
the
the
the
director
of
the
office
of
diversity,
equity,
inclusion
for
fairfax,
county,
montgomery,
county
and
washington
dc
spent
two
hours
talking
about
everything
that
they're
doing
and
the
challenges
they
face,
and
I
apparently
pittsburgh
has
an
office
of
equity
and
I
know
nothing
about
it
or
what
it
does.
F
But
it
occurs
to
me
as
I
read
this
recommendation,
that
that
might
be
a
place
where
this
particular
policy
should
be
enforced,
but,
more
importantly,
wherever
it's
enforced.
There
needs
to
be
much
more
greater
public
participation
in
both
generating
the
reports
that
it's
supposed
to
be
creating
and
making
data
more
consistently
and
widely
available.
F
I
come
from
cleveland
and
I
guess
I'm
a
little
jealous
because
we
have
the
cleveland
clinic,
but
I
don't
think
we're
doing
quite
as
much
as
pittsburgh
is
doing
in
this
area.
But
it
seems
to
me
that,
as
the
report
suggests,
we
need
the
churches
and
we
need
the
hospitals.
We
need
the
educational
institutions
to
put
their
money
in
banks
that
are
doing
a
good
job
and
and
not
just
rely
on
on
on
on.
F
And
we
need
to
look
at
the
businesses
that
the
city
of
pittsburgh
contracts
with
to
purchase
goods
and
services,
and
we
need
to
look-
and
I
think,
hospitals
and
and
churches
and
educational
institutions
should
do
the
same
thing
that
that
that
we
need
to
identify
who
these
businesses
are
and
and
they
should
be
evaluated,
at
least
in
part,
on
the
basis
of
where
they're,
putting
their
money,
who
they're
hiring
and
the
communities
from
which
they're
hiring
people.
F
The
kind
of
training
that
they're
offering
and
who
gets
the
benefits
of
the
training
and
other
community
reinvestment
initiatives
that
they
might
be
engaged
in.
In
other
words,
we
shouldn't
look
at
the
that
mortgage
lending
and
small
business
lending
and
isolation
from
a
lot
of
other
financial
transactions
that
are
going
on
and
a
lot
of
other
jurisdiction.
That
cities
have
correct
me
if
I'm
wrong,
but
it
seems
to
me
that
that
cities
and
I'm
working
on
a
similar
initiative
in
the
city
of
philadelphia
right
now,
where
we're
looking
at
appraisal
bias.
F
I
don't
think
the
city
of
needs
additional
legislation
from
the
city
council
to
start
creating
some.
I
mean
there
are
already
rules
that
govern
who
you
can
and
cannot
contract
with
in
in
purchasing
goods
and
services
and
their
criteria
that
people
have
to
meet
in
order
to
get
an
economic
development
subsidy.
It
seems
to
me
this
is
just
a
matter
of
expanding
upon
the
rights
and
responsibilities
that
cities
already
have
without
requiring
additional
help
from
city
council.
F
Let's
call
for
a
statewide
cra
again.
I
think
this
is
a
good
thing,
but
to
me,
if
this
is
going
to
be
effective,
it's
important
that
there
be
broader,
meaningful
community
and
public
participation,
participation
in
the
drafting
of
the
law
participation
and
how
it's
enforced.
F
F
I'm
reminded
of
the
phrase
that
I've
often
heard-
and
I
wish
I
knew
who
originated-
and
it's
not
me,
but
you
know
it's
often
said
that
if
you're,
you
know,
if
you're
not
at
the
table,
you're,
probably
on
the
menu
and
my
the
last
recommendation
is
the
the
sixth
one
that
has
to
do
with
educating
consumers
about
financial
services,
which
is
a
good
thing.
F
And
one
of
the
reasons
I
say
that
is
because
a
few
years
ago
the
urban
institute
issued
two
papers
in
which
they
found
that
those
respondents
who
were
more
familiar
with
and
more
knowledgeable
about
fair
housing
regulations,
we're
also
much
more
supportive
of
effective
enforcement
of
those
rules.
I
mean
I'm
in
a
university.
F
I
have
been
for
a
long
time
and
I've
always
played
down
the
importance
of
education
on
these
issues.
To
me,
the
issue
is
you
have
institutions
whose
behavior
needs
to
be
changed
and
and
and
I'm
I'm
not-
I
don't
lead
with
with
education
responses
to
these
things.
I
don't
say
that
to
the
president
of
my
university,
but
it's
what
I
happen
to
believe,
but
in
this
case
I
think
it
makes
sense,
because
what
you
have
you
can
create
a
virtual
cycle
where
more
education
leads
to
more
power.
F
F
I
think
something
like
40
of
their
wealth
comes
from
the
equity
in
their
homes,
for
people
of
color,
it's
closer
to
60
or
65
percent,
and-
and
let
me
can
let
me
just
conclude
with
an
observation-
I'm
a
nice
jewish
boy
from
the
east
side
of
cleveland,
but
I
want
to
close
with
a
quote
from
a
book
written
by
pope
francis
in
his
book,
the
joy
of
the
gospel
where
he
says-
and
I
quote
just
as
the
commandment
thou
shalt
not
kill,
sets
a
clear
limit
in
order
to
safeguard
the
value
of
human
life.
F
B
B
B
B
It's
also
a
fact
that
wells,
fargo
quicken
loans,
howard
hanna
citizens,
bank,
riverside
credit
union,
first,
national
bank
of
pennsylvania,
jpmorgan
chase
west
penn,
financial,
allegheny,
community,
financial
and
first
niagara
bank
key
bank
are
also
doing
great
things
in
the
city.
We
have
to
expand
this
list.
A
So
we
thank
you
for
all
the
guests,
dr
squires,
thank
you
for
coming
from
washington
dc.
I
think
all
of
you
have
come
now
we're
into
a
portion
of
our
meeting
where
we
give
counsel
if
they
want
an
opportunity
to
have
interrogative
with
you
before.
A
I
start
that
I
do
want
to
recognize
that
we're
joined
by
our
president,
the
president
of
council,
teresa
kell
smith,
and
so
we
have
had
three
members,
one
who
has
is
not
online
at
the
moment,
but
two
who
are
online,
I'm
gonna
start
with
them
and
then
come
back
to
those
of
us
in
the
room
so
either
deb
or
councilman
gross
or
councilman,
william
wilson.
If
either
one
of
you
have
questions
we'll
start
with
you.
K
Yes,
thank
you
all
for
coming
today
and
thank
you,
reverend
burgess,
for
starting
this
conversation.
I
first
just
want
to
start
off
with
your.
So
is
everyone
at
the
table
with
the
organization
lm
lm
sdi.
K
Okay,
because
I
was
curious,
I
mean
I
like
to
introduce
myself
because
I
represent
marshall
shadeland
and
I
was
curious.
You
know
how
your
organization
got
started.
I
believe
we
haven't
met.
Yet
it's
it's
a
great
opportunity
to
meet
you
all.
I
was
just
curious
on.
You
know
where
the
name
comes
from.
I've
been
on
the
website,
looking
trying
to
find
the
about
to
read
more,
but
I
I
couldn't
find
it
so
I
may
have
missed
in
the
beginning.
A
B
The
name
comes
from
the
lower
part
down
at
marshall
avenue
by
california
avenue
and
the
housing
that
that's
in
that
area.
Okay,.
K
A
K
Well,
it'd
be
great
to
sit
down
and
talk
further,
especially
since
you're
in
my
neighborhood.
I
did
have
some
questions.
I
was
looking
at
the
website
because
I
just
can't
help
myself
coming
from
a
research
background.
Looking
at
the
data
and
some
of
the
I
went
to
my
page
and
it
looks
it
looks
like
I
made
the
page.
It
has
my
picture
up
here
from
my
from
my
city
website
and
it
says
that
number
one
it.
K
It
says
that
that
there
was
more
lending
that
happened
in
brighton
heights
versus
northview
heights.
Well,
there's
northview
heights
is,
I
believe
it's
99
public
housing,
and
so
just
starting
there.
I
was
hoping
to
understand.
Like
are
we
just
looking
at
home
loans
because
there
wouldn't
be
any
home
loans
in
northview
heights
and
I'll
just
carry
us
on?
It
would
be
people
looking
at
like
business
loans
or
which,
which
lending
we're.
B
Looking
at
home
to
data
home
mortgage
loan
disclosure
data
for
mortgages,
and
there
would
be
mortgage
lending
in
norfolk
heights
if
people
lived
in,
that,
neighborhood
originated
it
and
moved
out
of
the
neighborhood
or
bought
somewhere,
and
the
data
that
we're
looking
at
is
based
upon
defined
neighborhoods
in
the
city
of
pittsburgh.
That
is
a
neighborhood.
K
A
K
Okay,
great
well,
I'm
looking
to
be
a
partner.
Any
way
I
can
is
there
is
there
a
way?
I
heard
him
mention
that
there
is
some
policy
that
you
are
working
on,
that
you
can
present
to
us.
Is
there
something
at
the
city
level
that
initially,
that
you're
you're
thinking
of
that
city
council
can
do.
G
Yeah
well
there's,
as
I
mentioned
in
my
testimony
since
2012
there's
been
a
community
reinvestment
depository
policy
that
requires
the
city
as
a
city
ordinance
that
requires
a
review
of
where
the
city
puts
its
money,
based
on
which
banks
are
doing
a
good
job.
There's
supposed
to
be
a
report
issued
what
we've
been
able
to
determine
is
well.
First
of
all,
there's
been
no
report.
There's
in
since
2012
there's
been
one
meeting
as
far
as
we
were
told,
and
so
we're
just
trying
to
figure
out.
G
You
know
trying
to
get
some
movement,
maybe
toward
stronger
enforcement
of
this
actual
ordinance
going
forward.
The
city
can
evaluate
where
it
does
truly
put
its
funds.
K
K
B
K
No,
it's
it's
more
geared
towards.
We
have
extremely,
we
have
a
large
amount
of
vacant
abandoned
property.
Yes,
and
there
are
you
know
those
are
the
ch
like
even
just
to
acquire
the
property
before
you
know
a
loan
you
know
for
before
they
would
even
be
a
sale.
You
know,
did
you
we
only
own,
you
know
so
many
so
many
properties
and
a
lot
of
the
other
properties,
for
instance,
in
marshall
shadeland,
have
issues
with
clearing
the
title,
and
you
know
people
are
working
on
clinton's
titles.
I
mean
how.
K
B
Well,
when
that's
one
of
the
things
in
in
talking
with
the
residents
in
marshall,
shadeland
and
we've
knocked
on
many
doors,
and
we
have
talked
with
a
number
and
that's
in
the
lower
marshall
shalom
area-
that
is
the
number
one
problem
we're
looking
at
several
vehicles
in
the
private
sector
to
help
alleviate
that
situation.
B
Most
good
banks
want
to
lend
they
want
the
good
deals,
but
the
the
banks
are
not
going
to
go
inside
the
neighborhoods
and
structure
the
deals.
So
it
is
incumbent
upon
organizations
community
groups
to
help
meet
the
banks
halfway,
so
they
understand
how
their
private
investment
will
be
used
in
the
community.
B
B
B
K
Well,
I'm
definitely
looking
forward
to
a
further
conversation,
because
last
year,
marshall
shadeland
was
the
only
neighborhood
plan
that
was
funded
and
the
work
for
that,
for
that
neighborhood
plan
is
starting
and
I'd
like
to
you
know
further
this
conversation,
because
the
you
know
this
type
of
work
that
you're
doing
should
definitely
coincide
with
with
what's
happening,
that
the
city
is
investing
in
in
this
in
this
neighborhood
to
you
know
to
try
and
solve
some
of
these
issues
that
you're
talking
about.
I.
B
Couldn't
agree
with
you
more
but
there's
another
side
to
that.
Here's
the
other
side-
and
I
say
this
all
the
time
to
all
the
communities
whether
the
city
has
a
plan.
Our
neighborhood
has
a
plan.
The
private
sector
always
has
a
plan,
it's
called
speculation.
It's
called
the
ability
to
do
what
money
allows
money
to
do.
The
city,
the
the
private
sector,
does
not
need
your
permission.
B
Half
the
neighborhood,
or
at
least
40
or
50
properties
are
owned
by
people
who
live
in
tokyo,
alaska.
What
not?
They
don't
ask
anybody's
permission
to
come
in
and
buy
property
in
neighborhoods.
I
do
understand
what
you're
saying
we
would
love
to
have
that
conversation
with
you,
but
let's
not
forget
every
time
people
come
up
with
a
plan.
B
A
Thank
you
very
much.
If
you
do
not
mind
councilwoman
gross,
the
president
has
a
just
a
quick
question:
question
clarification
question
and
then
I'll
come
to
you.
E
I
apologize
you
mentioned
before
that
every
year
the
banks
come
before
us
to
make
sure
that
they're
doing
the
response.
Could
you
mention
again
what
that
process
was.
G
E
G
G
It
basically
evaluates
the
community
reinvestment
policies
of
financial
institutions
to
determine
in
which
institutions
the
city
should
deposit
its
funds.
So
it
calls
for
the
creation
of
a
community
reinvestment
review
committee,
which
includes
nine
members,
the
director
of
finance
executive
director
of
ura,
someone
from
the
mayor's
office,
finance
committee,
chair
of
city
council,
two
members
of
city
council
appointed
by
the
president
of
council
city
controller,
who
self-service
chair
or
his
or
her
representative
and
two
members
of
community-based
organizations
whose
principal
purpose
is
community
and
or
economic
development.
G
G
E
Look
into
this,
I
believe
that
this
is
something
that
I've
questioned
before
that
I've
actually
voted
against,
and
it
was
an
organization
responsible
for
helping
us
and
our
side
of
town
with
some
things
that
that
did
not
come
to
fruition.
So
I'm
interested
in
having
the
conversation
thank.
L
Here
we
are
hello,
everybody
thank
you.
So
much
for
being
here,
I
did
find
the
email
while
you
were
presenting
was
and
was
following
along
somewhat
with
the
the
printed
report,
and
I
am
looking
forward
to
digging
into
more
of
these
numbers.
I
appreciate
it.
L
First
of
all,
it's
obviously
we
have
a
lot
of
room
for
improvement,
and
so
our
local
banks
have
a
lot
of
room
for
improvement,
and
I
agree
with
what
I
heard
in
your
testimony
saying
that
it
is
an
important
role
for
the
city
to
hold
these
banks
accountable
to
consider
it
when
we
consider
our
deposits
and
also
for
other
entities.
L
I
think
so
one
of
the
speakers
mentioned
are
larger
institutions
in
the
city,
such
as
very
large
hospitals,
which
are
much
much
larger
than
we
are
in
terms
of
assets
and
liquid
assets
should
also
be
considering
if
they
want
to
make
a
change
to
lower
this
inequity
in
the
city
and
support
our
minority
communities
that
they
should
also
be
looking
at,
where
they
have
their
deposits
to
reward
the
good
actors.
L
Having
said
that,
and
it
will
take
us
time,
I
think,
to
process
what
we
are
seeing
here.
I
want
to
acknowledge
that
my
district,
when
I
go
to
page
as
two
tables
on
it,
maybe
there's
just
one
table
after
another
like
30
and
31-
is
second
in
total
private
bank
loan
dollars
and
I
think,
fourth
or
fifth
in
the
public
investment
dollars.
So
when
you
in
the
combined
column
in
table
eight
is
second
overall
in
the
combined
private
and
public
investment.
L
L
I
it's
not
my
impression
that
that
went
into
housing,
and
so
I'm
wondering
if
even
if
you
can't
speak
to
that
now,
maybe
we
could
follow
up
on
that.
I
certainly
do
not
think
it
went
into
any
public
housing
of
any
sort
so
or
publicly.
L
You
know
without
I
don't
think
there
were
any
affordable
housing
projects.
I
am
glad
that
I
have
had
quite
a
few
affordable
housing,
new
construction
projects
in
my
district
and
rehabs
45,
affordable
units
in
morningside,
45
or
50
units
at
penn,
matilda
in
bloomfield,
under
construction,
new,
affordable
housing
from
action
housing
in
lawrenceville
done
with
the
doughboy
statue,
in
addition
to
the
inclusionary
zoning
units
that
are
being
added
by
the
private
market.
L
But
maybe
maybe,
when
we
follow
up,
we
can
see
about
the
sources
of
these
numbers
and
kind
of
what
impact
they
had.
We
know
what
kinds
of
projects
were
funded
and
what
kinds
of
impacts
there
were.
L
And
additionally,
when
we
look
at
the
challenges
of
home
ownership,
I
think
that's
kind
of
the
picture
that
I
think
councilman
wilson
was
speaking
to
that
there
are
certain
neighborhoods
that
are
where
all
ownership
is
suppressed
because
there's
basically
this
housing
stock.
That's
off
the
table
in
my
district,
which
tends
to
be
hyper
invested,
not
underinvested,
I'm
so
sorry,
I'm
working
at
home
and
there's
people
coming
in
and
out
and
dogs
that
there
still
is
properties
that
are
taken
off
the
market
because
of
the
intense
speculation.
L
You
know
an
empty
lot
in
most
of
the
city
where
you
know
there
had
been
a
demolition
and
there's
a
vacant
lot
or
it's.
Maybe
it's
abandoned
in
much
of
the
city
and
it's
in
our
inventory
because
of
back
taxes
or
liens
of
other
kinds,
or
it's
there's
just
no
market
value
in
lawrenceville.
A
vacant
lot
like
that.
That's
20
feet
wide
by
100
feet.
L
Deep,
is
a
hundred
thousand
dollars
right
in
the
real
estate
mls
right
now,
because
you
can
build
on
that
property
and
still
make
such
a
big
profit
and
we
have
aggressive
speculators
trying
to
buy
people's
houses
out
from
under
them.
I
have
reports
from
neighbors
about
the
kind
of
elderly
next
door
neighbor
who
undersold
their
property
because
of
aggressive
speculators
knocking
on
their
door.
L
We
have
anecdotal
reports
that
we
haven't
been
able
to
prove
of
speculators,
reporting,
pli
complaints
against
seniors,
because
they're
trying
to
aggressively
buy
their
properties
and
they're
trying
to
get
citations
against
the
senior
housing
homeowner.
L
So
we
have
very
divergent
markets,
bifurcated
real
estate
markets
in
the
city,
but
I
do
think
it's
our
role
to
try
to
support
homeownership
and
diverse
home
ownership,
minority
home
ownership
like
you're
speaking
to
here
and
fair
lending
across
those
very
different
markets,
and
but
we
may
need
slightly
different
tools
in
the
different
markets.
L
So
that's
something
I
would.
I
think
I
would
love
to
pick
all
your
brains
out
not
today,
because
it's
a
very
long
post
agenda,
but
a
lot
of
information
to
process,
and
so
I
probably
need
time
and-
and
may
I
call
on
you
soon
when
I
have-
I
think,
better
questions
refined,
especially
about
what
we
do
to
to
make
the
lending
market
more
fair
and
the
housing
market
more
fair
in
the
hyper-invested
markets.
How
do
we
counteract
speculation
since
you,
since
I
heard
mr
love
brought
it
up?
L
G
Councilwoman,
thank
you
and
you
are
correct
that
the
all
of
the
the
funds
that
were
are
reflected
in
this
report
are
housing
related
and
again
it
underscores
our
point
that
whether
it
was
for
a
high
income,
housing
development
or
low-income
housing
development-
it's
reflected
in
this
report,
but
I
I
think
the
the
larger
picture
is
that
you
know
there
was
161
million
in
total
public
dollars,
but
2.3
billion
in
total
bank
dollars
within
the
neighborhood
within
your
district.
I
should
say
so.
G
I
think
that's
important
to
to
note
that
you
know
the
the
69
million
of
public
funds
from
the
ura
in
the
strip
district
is
being
leveraged
into
318
million
dollars
of
bank
lending,
and
so
and,
as
you
note
or
as
most
of
us
know,
that
a
whole
neighborhood,
almost
overnight,
has
erect
been
erected
in
the
strip
district.
And
how
does
this
happen
well?
G
Part
of
it's
with
public
dollars,
but
a
lot
of
is
bank
dollars,
and
so
I
guess
what
we're
trying
to
do
is
shine
the
light
on
some
of
these.
These
issues
here
and
and
identify
opportunities
here
for
financial
institutions
to
go
to
look
at
places
where
they're
not
lending
or
where
the
lending
isn't
as
robust.
L
A
Thank
you
very
much.
I
want
to
thank
all
of
all
of
council
for
your
participation.
I
want
to
thank
all
of
our
guests.
In
particular,
I
want
to
thank
stanley
lowe,
who
is
my
friend
in
full
disclosure
and
one
of
my
mentors,
and
we
appreciate
his
leadership
on
this
issue.
We
want
to,
and
particularly
thank
dr
squires
for
coming
and
visiting
with
us
from
washington
d.c
to
bring
a
national
perspective
and
expertise.
A
Jerome
jackson,
of
course,
is
also
my
friend
and
brother,
and
we
share
working
in
homewood
as
a
priority,
and
we
are
thankful
for
the
scholarly
research
of
of
dr
holland,
who
is
the
chief
lead
architect
of
of
this
report
in
many
ways,
and
so
I'm
going
to
end.
I
think
if,
unless
there's
other
comments,
I'm
going
to
say
just
a
few
things
from
my
perspective
of
the
african-american
neighborhood
and
I'm
trying
to
make
this
very
simple
I'll
talk
about
past
present
and
future
and
then
maybe
an
observation.
A
A
A
If
I
have
been
hyperactive
of
steering
public
dollars
into
minority
neighborhoods,
and
so
you
see
garfield
commons,
you
see
larmer
choice,
you
see
the
new
development
in
homewood,
you
see
all
of
the
development
projects
we've
been
able
to
to
lend,
and
so
that's
the
past
you've
seen
that's
the
good
news.
A
The
present
is
the
bad
news
in
simple.
In
short,
greedy
corporations
and
financial
institutions
are
choking
the
life
out
of
black
communities.
If
this
continues,
the
black
community
in
pittsburgh
will
die
in
whis
and
wither
away.
There
is
no
hope
for
it
if
this,
if
we
continue
the
status
quo,
I
want
to
be
very
clear.
Despite
my
work
over
the
last
14
years,
despite
the
public
investment
as
much
public
investment,
I
can
pour
into
homewood.
A
In
spite
of
that.
If
this
continues
and
the
private
market
does
not
match
it,
the
black
community
will
die.
It
is
happening
on
our
watch.
Black
people
are
leaving
the
city
in
droves
because
of
the
inability
to
be
to
get
financial
resource,
because
the
inability
for
businesses
to
be
in
those
communities-
no
so
so
so,
and
I
I
I've
merged
the
future.
I
already
went.
You
know
the
president
is
they're
starving
us.
The
future
is
it's
going
to
die.
A
If
we
don't
do
something
dramatically,
different,
the
black
community
will
die
and
here's
how
it'll
happen
it'll
get
bad
enough,
since
they
only
give
money
to
white
organizations
and
white
people.
Let
me
be
very
clear
what
will
happen.
The
white
people
will
wait
until
it
becomes
junk
market
prices
and
then
they
will
buy
up
homewood.
They
will
buy
up
all
the
black
communities
one
by
one.
They
will
gentrify
them
and
fill
them
with
upper
income.
White
people,
that's
the
future
of
homewood.
If
left
untouched.
The
future
of
homewood
will
be
at
one
point,
sudden
gentrification.
A
A
I'm
going
to
challenge
the
financial
institutions
to
invest
specifically
in
funds
of
loan
revolving
loan
funds
that
are
targeted
to
african-american
communities,
places
like
homewood
places
like
the
hill
places
like
the
north
side.
Since
we
know
that
have
left
up
to
their
own
devices,
they
will
not
lend
in
our
communities.
We
already
know
that
they're
not
going
to
live
in
our
communities,
so
what
they
should
do
is
set
aside
a
portion
of
money,
a
huge
amount
of
money,
100
million
500
million
some
amount
of
money,
and
then
that
money
should
be
specifically.
A
The
loan
officers
should
be
some
cross-reference
of
the
black
community.
It
should
be
go
to
black
developers
and
black
business
owners
who
are
rebuilding
those
communities
and
black
people
who
want
mortgages
in
those
communities.
I
I
believe,
that's
that's
going
to
be
one
of
the
things
I
will
champion
moving
forward
with
that
again
I
want
to
I
just
I
want
to
thank
you
for
coming
those
of
you
who
are
in
the
audience
who
stayed
despite
our
technical.
That's
why
we're
a
little
late?
A
A
We've
identified
it
because
what
they
always
say
to
me
raise
ref
yeah.
You
know
maybe,
but
it's
not,
that
bad
yeah
it
is
that
bad
right,
it's
awful!
It's
horrendous!
It's
the
worst!
It's
ever
been
so
now
that
we
know
the
problem,
the
question
isn't
what
the
solution
is?
Stanley?
Really
it's
the
question.
The
solution
simple,
give
more
money
to
black
people
and
black
communities.
A
A
Is
there
the
political
will?
Is
there
the
political
and
social
will
to
do
the
right
thing
to
stop
something
that
is,
that
is
blatantly
discriminatory
and
racist
in
its
effects
and
do
something
that
will
be
empowering
just
and
fear
on
the
other
end
that
that
that's
that's!
That's!
That's!
That's
our
dilemma,
but
again
with
that,
I
thank
all
all
of
you
who
have
come
and
all
of
you
have
participated,
and
so
this
will
in
our
meeting.
We
are
adjourned.