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USDA announces Cooperative Agreements supporting OK historical all Black towns | News [Video]

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Corporate Finance

OKLAHOMA — The U.S. Department of Agriculture (USDA) announced two Cooperative Agreements to deliver financial security to Oklahoma historical all Black towns.

USDA Rural Development Oklahoma State Director Kenneth Corn said the department has made Cooperative Agreements with the Greenwood Community Development Corporation and the Oklahoma Black Historical Research Project.

The agreements will generate commerce and provide assistance with Rural Development’s 504 home repair program.

USDA said The Greenwood Community Development Corporation will receive $250,000 and drive economic development by providing financial literacy and entrepreneurial training to residents.

The Oklahoma Black Historical Research Project will receive $150,000 to focus on empowering socially disadvantaged residents through awareness and access to Rural Development Programs.

“President Biden and Vice President Harris believe that all American regardless of their zip code deserve a fair shake, and for far too long our Historic All Black Towns in Oklahoma have not been given a fair opportunity …

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