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Inequality In Federal Funds For Restaurants East And West Of Troost

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Laura Spencer
/
KCUR

Eateries east of Troost not only received fewer federal grants, but also less money per grant than those west of the avenue.

The federal Restaurant Revitalization Fund was intended to ease the financial burden faced by dining establishments hit by the economic impact of COVID-19.

Liz Cook calculated that for restaurants east of Troost who applied the average grant was $50,000 versus $311,000 for those located in areas west of the avenue.

As Cook points out, "We know that disadvantaged groups also have a harder time navigating the banking system, they have less access to credit and they also have less trust in the financial institutions that you need to know how to navigate to file an application . . . "

When I host Up To Date each morning at 9 a.m., my aim is to engage the community in conversations about the Kansas City area’s challenges, hopes and opportunities. I try to ask the questions that listeners want answered about the day’s most pressing issues and provide a place for residents to engage directly with newsmakers. My email is steve@kcur.org.
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Reginald David is an assistant producer with Up To Date. You can reach him at reginalddavid@kcur.org.