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- Advantages of Public Banks
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- Provides funding for affordable housing and targeted community economic development.
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- Finances a just transition and help mitigate the effects of climate change.
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- Creates new lending opportunities for small businesses, focusing especially on communities of color.
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- Strengthens local economies by supporting local businesses and the creation of jobs.
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- Invests directly in local governments and small businesses to create more resilient local economies.
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- Partner lenders to community banks, credit unions, CDFIs, and accept local government deposits.