the Boston Foundation

Despite AAPI businesses being the fastest-growing sector in Massachusetts, these businesses often encounter significant obstacles, ranging from exclusionary policies to hate-based violence.

Within the city of Boston, competition for affordable housing units is fierce, with long waiting lists for the 20% of units in the city that are designated affordable for people with incomes ranging from $0 to 120% of the federally designated area median income, which is currently $98,150.

Disparities in family wealth and discriminatory lending patterns are major contributors to Black and Latino entrepreneurs accessing capital and loans to start and grow businesses in Massachusetts, according to a study released by the Boston Foundation last week.