News
Charlotte Commercial Real Estate

CONVENTION PAYING DIVIDENDS

The Democratic National Convention Committee announced last week it had invested convention funds in two NC minority-controlled lenders. The committee deposited $2M each in non-interest bearing accounts with Mechanics & Farmers Bank, a Durham-based African American-owned bank, and the Latino Community Credit Union. The funds will help those institutions expand lending and promote economic development to communities across the state, says DNCC CEO Steve Kerrigan.

Continue reading this story with a free account

Log in or register
Related Topics: African American, Steve Kerrigan
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building