Kansas City G.I.F.T is a movement dedicated to cementing a better future for all. Founded in 2020, we have fought for impactful change for families, our communities and our city. We strive to be an actionable step after all the protests have ended, and to educate and empower others to take action. We work to ensure that we close the racial wealth gap, reduce poverty related crime and reverse the effects of systemic racism in our city.
The Challenge
Due to the discriminatory practices of Redlining in the 1920’s and 1930’s in Kansas City, Troost Ave. has long been seen as the dividing line between Black and white people of Kansas City, and the dividing line between high and low income communities.
Zip codes: 64109, 64110, 64127, 64128, 64130, and 64132, located east of Troost Ave. have the highest populated low income communities in Kansas City. Collectively they have a population of 107,398 residents and a poverty rate of 36%. Of those 107,398 residents, 75.18% of them are Black.
Zip codes: 64113, 64114, 64118, 64119, 64151, and 64152, located west of Troost or in Northern Kansas City, have the highest populated high income communities in Kansas City. Collectively they have a population of 145,554 residents and a poverty rate of 5.03%. Of those 145,554 residents, 91.82% of them are white. Investing in Black owned businesses in low income communities is a proven method of increasing the economic prosperity of the community. However, banks often hinder that prosperity by discriminating against African American and other entrepreneurs of color seeking small business loans.
A 2017 study by the National Community Reinvestment Coalition found that banks were twice as likely to provide business loans to white applicants than Black ones, and three times as likely to have follow-up meetings with white applicants than more qualified Black ones.
Location
5008 Prospect Avenue, Kansas City, Missouri 64130, United States
Ken Vermeille
December 15, 2023 at 11:10 amThis place is amazing
Black Privilege
March 16, 2024 at 10:26 amHello this place is great!