From veritenewsnola, Mississippi Today's sister newsroom: Mastercard gave New Orleans $100K for the ‘truly needy.’ The city couldn’t get people to take the cash. Read more below.
by Michelle Liu, Verite November 8, 2022 Mayor LaToya Cantrell announced the launch of the Crescent City Card in November 2021 in a press conference at the Rosenwald Recreation Center. In November of last year, New Orleans Mayor LaToya Cantrell gathered finance executives and community leaders on a basketball court inside a city recreation center to announce a new initiative that, she said, was aimed at addressing the city’s racial wealth gap.
“We were a partner who could help them do that quickly.” The New Orleans Recreation Development Commission already has cards for residents that track their usage of NORD programming, said Larry Barabino, Jr., the organization’s CEO. The only difference, essentially, was the “city key” card’s capacity to hold money.
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