Tag:

Racial Discrimination

OceanFirst Bank Agrees To $15M Settlement For Redlining In Central Jersey, Feds Say OceanFirst Bank Agrees To $15M Settlement For Redlining In Central Jersey, Feds Say
OceanFirst Bank Agrees To $15M Settlement For Redlining In Central Jersey, Feds Say A Jersey Shore bank will pay more than $15 million in a settlement for racially discriminatory lending practices known as redlining, authorities said. OceanFirst Bank agreed to the settlement to resolve the accusations that date back to 2018, New Jersey's U.S. Attorney Philip Sellinger said in a news release. The Toms River-based bank was accused of redlining in predominantly non-white neighborhoods in Middlesex, Monmouth and Ocean counties. The $15 million settlement came after the Department of Justice launched its Combating Redlining Initiative in October 2021, aiming to s…
Pop Lloyd Stadium Getting $5.6M Transformation Into Multisport Facility In Atlantic City Pop Lloyd Stadium Getting $5.6M Transformation Into Multisport Facility In Atlantic City
Pop Lloyd Stadium Getting $5.6M Transformation Into Multisport Facility In Atlantic City A neglected baseball stadium in Atlantic City is getting major upgrades and will soon be used for many other sports, officials said. A groundbreaking ceremony was held on Monday, June 17 for the $5.6 million renovation to Pop Lloyd Stadium. The project will make the stadium playable for baseball, softball, T-ball, football, soccer, lacrosse, and field hockey, as well as other sports and activities. The renovations include adding blue artificial turf, along with new dugouts, locker rooms, bleachers, restrooms, lighting, fencing, and a scoreboard.  "Pop Lloyd Stadium has been in disrepair fo…