Financial Wellness

Wealth building has always been challenging for African-Americans. In the past, it was through blatant, government sanctioned practices like the red-lining, covenants that actually prohibited whites from selling homes to African-American families or Blacks from moving into certain neighborhoods, federal subsidies to groups that further perpetuated discriminatory restrictive conditions. Now that these policies are no longer legal, there are holdover discriminatory practices in the lending and the housing markets that continue. Research shows that the effect is still prevalent as evidenced through measures such as exclusionary zoning.

The financial well-being of African Americans lags behind that of the U.S. population as a whole. The reasons for this gap are complicated, but one area of importance in addressing it is increased financial literacy.

Watch this space for:

• News of our Worker/Producer Cooperative

• Financial Literacy Workshops

• Entrepreneurial Incubators

• Home Buying/Wealth Building Initiatives