How stupid or maybe naive are Black owners not to realize that putting their stores in depressed and crime-ridden areas will cause them to suffer the same fate as stores that previously selected those locations. Clean up the neighborhoods and you have an opportunity to build and succeed. What’s that definition of insanity - doing the same things over and over and expecting a different result (also the same definiton of socialism, previously tried and failed everywhere).
This is one of my concerns about Trump’s opportunity zones.
In the previous incarnation, they were called “enterprise zones” - not sure when they were started, but they existed through the early Obama years.
Whites could receive aid - dang, was it grants or just loans? Maybe it was just loans. A family member looked into it - the bad part was that you had to locate your business in a depressed area (our redlining bad; their redlining good). The program was designed to fail, and it did.
When I get a chance, I’ll see if I can find some stories about it.