06/19/2021
BIG ANNOUNCEMENT: Today on Juneteenth, we announce a powerful initiative to stabilize Black communities and build a brighter sustainable future through collective ownership, community-friendly capital, and collaboration. We have been intentionally working on this for 2 ½ years. It draws on Black Los Angeles’ proud history and advances our pursuit of self-determination and community liberation.
The name in itself, Liberty, tells an incredible journey. Liberty is an homage to Liberty Savings and Loan Association, the first Black-owned bank in California, founded in 1924 by a group of iconic Black businessmen and civic leaders who also established other major institutions that defined Black Los Angeles. Liberty was created to provide opportunities for Black families seeking to buy a home and establish a business, but were being denied loans by white banks.
Nearly a century later, the heavy chains of systemic racism and inequality continue and threaten to completely eliminate Black neighborhoods.
We are in a praxis moment that requires us to come together to preserve our great legacy, circle our north star and journey toward a brighter future together.
Through multiple entities, non-extractive financing, community organizing, and with the power of the people we will develop healthy, stable, and environmentally sustainable neighborhoods for Black, Indigenous, and other People of Color. We have a vision for a co-operative and restorative economy that puts people and the planet over profits, and creates opportunities for all. And we’re going to build it together.
The time is now. Free the Land. This is Liberty.
https://youtu.be/wr6EY4tHgdw
Join us at LibertyEcosystem.org
We are excited to announce a powerful initiative to stabilize Black communities and build a brighter sustainable future through collective ownership, communi...