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racial wealth gap

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Housing Equity in Limbo—Why Hasn’t Biden Finalized an Update to AFFH?

Last year it seemed like a new Affirmatively Furthering Fair Housing rule was imminent, but it never happened. And now it's late enough in the term that if it were finalized, next year's Congress could invalidate it.

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Equity

Rethinking the Racial Wealth Gap With Anne Price

A lot of conversations about the racial wealth gap focuses too much on homeownership as the only solution. It’s much more complex. Shelterforce’s Miriam Axel-Lute talks with Anne Price, president of the Insight Center for Community Economic Development.

Practitioner Voice

Doing “The Right Thing” Won’t Close the Racial Wealth Gap

Solutions to address racial wealth inequality have often focused on behavioral changes and individual choices, minimizing efforts to dismantle structural barriers to wealth accumulation for Black Americans.

Editor’s Note

Moving Beyond the Holy Trinity of Racial Wealth Gap Answers

We’ve been carrying out asset-building strategies for decades now, but the wealth gap has not shrunk. What needs to be done about it?

Interview

Maurice Jones on Job Creation, Community Development, and Wealth Building

Seventy-one percent of jobs that pay $40,000 and above require a four-year degree, says Maurice Jones. That requirement is “having a huge, huge adverse impact on Black talent earning their way into the middle class.”

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Reported Article

Realtors Reckon with Race

A new generation of real estate agents are aiming for meaningful change in an industry most famous for championing and enforcing segregation.

Opinion

You Can’t Carbon Copy Community Ownership

Community development has long made attempts at wealth building, with a focus on trying to find successful or innovative models that can be replicated. And yet the transformational change we’ve […]

Review

Valuing Black Lives and Black Cities

Andre M. Perry’s Know Your Price: Valuing Black Lives and Property in America’s Black Cities reveals the web of historical and contemporary socioeconomic barriers that maintain the racial wealth divide and does this through personal narrative, history, and an exploration of a wide array of social issues.

Equity

Stop Talking About the Racial Wealth Gap

It may seem counterintuitive, but in order to close the wealth gap, we must shift our focus from the gap itself to the policies, conditions, and systems that spawned it.

structural sinking boat
Equity

Financial Coaches, Let’s Be Upfront About Economic Structural Racism

Financial education messaging is too often presented as if individual behavior and attitudes are the cause of our growing economic challenges rather than our social, economic, and political systems.

CRA oped
Opinion

Protecting the Community Reinvestment Act Is an Investment in Economic Justice

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation just released a set of proposed rules for the Community Reinvestment Act that threaten the very heart of the law.

houses
Financial System

Can Estate Planning be Used to Help Preserve Economic Assets in Low-Income Communities?

Estate planning should be employed as part of a broader plan of preservation of wealth and assets in communities of color. 

Opinion

Is the Housing Market the Answer to the Racial Wealth Gap?

In discussions around closing the racial wealth gap, we should be reminded that a very large portion of wealth gained by white Americans should be seen as ill-gotten.