This report by the Joint Center for Political and Economic Studies presents findings from the second year of an initiative to assess what works to enable low-income communities of color to build assets. It highlights predisposing factors and promising practices in 10 states that received low rankings on asset building for low-income people in the 2007-2008 Assets & Opportunity Scorecard. The featured states are: Alabama, Alaska, Arizona, Florida, Georgia, Mississippi, Nevada, New Mexico, South Dakota, and Texas. This report not only examines asset building in these 10 states-most with sizable communities of color-but also compares these findings with those for states with high rankings on asset building for low-income people (Delaware, Hawai'i, Iowa, Maine, Michigan, Minnesota, New Hampshire, Vermont, Washington, and Wisconsin). The states with high rankings on asset building-and small communities of color in general-are analyzed separately in the first year project report entitled Asset Building in Low-Income Communities of Color, Part 1: Predisposing Factors and Promising Practices in States Effective at Building Assets for Low-Income Residents (Executive Summary).
Also, see the Fact Sheet "Confronting and Closing the Wealth Gap".
This report by the Joint Center for Political and Economic Studies presents findings from the first year of an initiative to assess what works to enable low-income communities of color build assets. The executive summary highlights predisposing factors and promising practices in ten states, highly rated in the 2007-2008 Assets & Opportunity Scorecard for asset building among low-income people. The featured states include: Delaware, Hawai'i, Iowa, Maine, Michigan, Minnesota, New Hampshire, Vermont, Washington, and Wisconsin. A companion report Asset Building in Low-Income Communities of Color, Part 2: State Comparisons (Executive Summary) analyzes similar factors and practices in another set of states with large percentages of people of color (Alabama, Alaska, Arizona, Florida, Georgia, Mississippi, Nevada, New Mexico, South Dakota, and Texas).
In this edition:
Promising Practices In Asset Building For Low-Income Communities of Color
Obama and The Burden of Race
A Complete and Accurate Count in The 2010 Census
To identify promising practices in asset building for low-income people, the Joint Center analyzed data for two groups of states - those with high CFED asset-outcome rankings and those with low CFED asset-outcome rankings.