Expand CA’s I-Bank into a full public bank to hold deposits and finance climate/housing projects.
Challenge/Local/State
Priority Area: Funding Access and Capacity Building
Description
State Solution
(Type of Activity: Program Implementation and Outreach )
Existing Examples of Progress: Public Banking: Local and state-level banks to recycle public dollars into community priorities (affordable housing, climate, infrastructure) and cut Wall Street fees.
Region: Los Angeles
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