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Racial Wealth Divide

Racial Wealth Divide Initiative

Meet the Team

These experts lead our growing Racial Wealth Divide team:

The Racial Wealth Divide Initiative was launched in 2015 to help CFED address racial wealth inequality in a more comprehensive and targeted manner. To get a regular update on the work of the Initiative, subscribe to our Race & Wealth newsletter. You can also listen to the Race & Wealth podcast to hear the most current in-depth conversations regarding efforts and challenges for bridging the racial wealth divide.

Letter from CFED Racial Wealth Divide Initiative, Senior Fellow, Dedrick Asante-Muhammad

Dear Colleagues, I am glad to share that the work of the Racial Wealth Divide Initiative is progressing at a rapid pace and is expanding in its breadth. The first thing to note is that there have been some changes in job titles at the Initiative. I am now the CFED Racial Wealth Divide Senior Fellow and Lillian Singh, former Associate Director, is now the Director of the Racial Wealth Divide Initiative. This change signifies Lillian's increased role in leading the funded programmatic work of the Initiative and my increased role in strengthening racial economic inequality work throughout CFED. The Initiative has also expanded our programmatic work from mostly focusing on our Building High Impact Nonprofits of Color Project to also leading the African American Financial Capability work funded by the Northwest Area Foundation. RWDI is also working with Mercy Housing Chicago in strengthening financial capability to residents of a new affordable housing project. Finally, the Initiative is working with CFED's Research team on a project funded by Metlife to explore the cost of credit and its effects on communities of color. Though we are busy, we continue to publish op-eds on racial economic inequality and produce Race and Wealth podcasts that can be found in this newsletter. You can also find our first annual report of the Initiative's 2016 work. Our newest intern from UCSB, David Ashaolu, will soon be leaving us and moving on to develop his professional career. Thank you, David, for your great work! Lastly, to stay on top of all the work coming out of the Racial Wealth Divide Initiative please “like” our Bridging the Racial Wealth Divide Facebook page, helping us reach 2,000 likes. Thanks for your support and interest in the Racial Wealth Divide Initiative of CFED. Dedrick Asante-Muhammad, Senior Fellow, Racial Wealth Divide Initiative

The report comes around the one-year anniversary of the launch of the Racial Wealth Divide Initiative, and what a busy year it has been....Read more

Racial Wealth Divide Data Profiles

The Racial Wealth Divide Initiative of CFED present Racial Wealth Divide Data Profiles, which provides data on economic inequalities and helps readers understand how racial economic inequality affects economically marginalized communities. The development of these profiles is one of the first steps taken under the Building High Impact Nonprofits of Color project, funded by JPMorgan Chase. The project aims to advance best practices and strengthen resources for nonprofits of color.

Click here to view the profiles.

Spotlight: Race, Wealth with Brunch and Budget

In this episode of Race and Wealth we have one of the leading researchers on race and wealth, Darrick Hamilton. Darrick Hamilton is the director of the doctoral program in public and urban policy, and jointly appointed as an associate professor of economics and urban policy at The Milano School of International Affairs, Management and Urban Policy and the Department of Economics, The New School for Social Research at The New School in New York. Dedrick and Darrick spend some time talking about Darrick’s Jacobin article, “Why we Need a Federal Job Guarantee” and how economic empowerment could help fix many issues around race & wealth. Take a listen!

Racial Wealth Divide

Check out the latest news about the Racial Wealth Divide project on CFED's Inclusive Economy blog.

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