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TH E M R EP O RT | 63 O R I G I NAT I O N S E R V I C I N G DATA G O V E R N M E N T S E C O N DA R Y M A R K E T THE LATEST GOVERNMENT communities from applying for mortgages and under-resourcing branches in their communities. These discriminatory acts harmed so many families, including many throughout my district in areas like Hawthorne, Compton, and Watts, pushing them further away from their dreams of homeown- ership and locking them out of wealth-building opportunities." City National worked coop- eratively with the Department to remedy the redlining allega- tions. In conjunction with this settlement, City National has announced that it is proactively taking steps to expand its lending services in other markets around the country to provide greater access to credit in communities of color. Specifically, City National is working to facilitate additional homeownership opportunities in underserved communities, including by creating a residential mortgage special purpose credit program to cover geographic areas in various locations throughout the country, including New York, Georgia, Nevada, and Tennessee. Additionally, City National is planning to launch a small busi- ness lending program that will be aimed at assisting underserved business owners in operating and growing their businesses. "At City National, supporting our communities is core to who we are as an organization," said Kelly Coffey, CEO of City National. "We take very seriously our obligation to ensure that all businesses and consumers have an equal opportunity to apply for and obtain credit. We believe City National has a role to play in supporting entrepreneurs and expanding access to homeowner- ship in order to help individuals and communities thrive and build intergenerational wealth." In October 2021, Attorney General Garland launched the Justice Department's Combating Redlining Initiative, a coordinated enforcement effort to address this persistent form of discrimi- nation against communities of color. The initiative is expand- ing the Department's reach by strengthening partnerships with U.S. Attorneys' Offices around the country, regulatory partners, and its partners in state Attorneys General offices. Since the initiative was launched, the Department has announced five redlining cases and settlements with a combined $75 million in relief for communities that have been the victims of lending discrimination, including a $20 million settlement with Trident Mortgage Company and a $13 million settlement with Lakeland Bank.