Activists Demand Chase Bank Pay Reparations To Black Neighborhoods

Data shows Chase loaned 80 percent of its home purchase dollars in white neighborhoods, and just 2 percent in Chicago’s black communities.

By Nereida Moreno
Ja’Mal Green protest lending disparity
Activists and former mayoral candidate Ja’Mal Green, right, demanded during a press conference today that JPMorgan Chase Bank make $1 billion in grants and $10 billion in loans to Chicago’s African-American neighborhoods to make up for anemic lending. Green made his statements with just a handful of other activists, but by 5 p.m., 54,000 people had viewed his statements on Facebook Live. Linda Lutton / WBEZ
Ja’Mal Green protest lending disparity
Activists and former mayoral candidate Ja’Mal Green, right, demanded during a press conference today that JPMorgan Chase Bank make $1 billion in grants and $10 billion in loans to Chicago’s African-American neighborhoods to make up for anemic lending. Green made his statements with just a handful of other activists, but by 5 p.m., 54,000 people had viewed his statements on Facebook Live. Linda Lutton / WBEZ

Activists Demand Chase Bank Pay Reparations To Black Neighborhoods

Data shows Chase loaned 80 percent of its home purchase dollars in white neighborhoods, and just 2 percent in Chicago’s black communities.

By Nereida Moreno
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Chicago activists are calling on Chase Bank to make reparations to black neighborhoods following a WBEZ and City Bureau report on racial disparities in home lending.

Reset checks in with WBEZ’s Linda Lutton and organizer Ja’Mal Green for more on the push for reparations ahead of Juneteenth.

GUESTS: Linda Lutton, WBEZ neighborhoods reporter

Ja’Mal Green, organizer and civil rights activist