Justice Goes to the Movies: CDFIs and the Racial Wealth Gap

The Barber of Little Rock is a compelling short film about the efforts of one man, Arlo Washington, to help address the racial wealth gap. A barber and entrepreneur, Mr. Washington established a local bank – or nonprofit loan fund -- to restore the balance of economic equity in and around the neighborhood in which he grew up. As a profile of one individual and one bank, the film shows how similar financial establishments, known as Community Development Fund Institutions (CDFI), provide economic support to people rejected by traditional banks, primarily low-income Black residents of redlined communities known as banking deserts.

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