Republican American: Conn. embraces discriminatory lending program

November 29, 2022 | By GLENN ROPER
Homes

Small businesses across Connecticut were devastated by the COVID-19 pandemic, and many are still hanging on by a thread as they seek to rebuild and once again flourish. Now they face a looming recession and grim economic prospects.

These businesses might have recently felt renewed hope when they heard of a new $120 million fund for low-interest loans to small businesses.

But for many business owners, this new hope is in vain. Their businesses will be denied eligibility for the program, dubbed the “Connecticut Future Fund,” not because their business model is less promising, or they have less need for assistance, but because of the skin color of their owners.

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