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The color of money


In the same week of 2021, two big investments were announced.

One was $250 million, made by corporate leaders as donations to a racial equity fund to kick-start local efforts to rebuilt long-overlooked infrastructure in low-income neighborhoods.

The other investment was three times the size. It was to build a mixed-use commercial development on the edge of Charlotte’s uptown, prominently overlooking the I-277 loop.