Black Economic Council calls for $1b from Mass. business community to address racial inequity

A coalition led by the Black Economic Council of Massachusetts has laid down an ambitious challenge for the Massachusetts business community: Commit up to $1 billion to a fund for reducing racial inequities over the next decade.

The “reconstruction and rehabilitation fund” is one of many public and private sector initiatives the business group is unveiling on Monday to address systemic racial inequality in the state’s economy. BECMA’s targets focus on investments, business contracts,…