WHEREAS, the United States of America is suffering from the Coronavirus Pandemic which has been declared a national disaster; and
WHEREAS, the United States Congress passed and the President has signed into law the expanding of funds for the protection of American citizens against COVID 19 and economic protections being put in place to protect the United States Economy in excess of two trillion dollars; and
WHEREAS, African Americans and Black businesses have been and are projected to continue to be victims of economic disparity in the United States of America in the Economic Recovery Stimulus packages currently in developed; and
WHEREAS, current legislation does not address the specific impact on US Citizens of African descent who have not recovered from the 2009 recession which caused the housing market disaster that specifically targeted the African American Wealth; and
WHEREAS, that the United States of America's government continues to under-value and marginalize the economic contributions of the African American/Black Business Community. Organizations and workers who have provided a stable and rich economy for the United States of America.
THEREFORE, BE IT RESOLVED, that NAACP demands that the Administration distribute all funds approved by the Actin an equitable manner to all impacted communities and individuals and that the Congress expand COVID 19 Stimulus Funding to address any racial disparities that negatively impact the economic viability of the African American business community.
BE IT FINALLY RESOLVED, that the NAACP will continue to advocate in collaboration with the Congressional Black Caucus, and all partnering organizations for funding in the economic recovery for Black Citizens and businesses.