Mark your calendars for April 30 and May 1: the Closing the Racial Wealth Gap Initiative (managed by the Center for Global Policy Solutions) will be hosting its annual Color of Wealth Summit in Washington, D.C. The goal of the event is to bring together political leaders, researchers from a range of fields, advocates, and members of the public for a conversation about “the racial wealth gap, its effect on marginalized households, its impact on the U.S. economy, and solutions for closing the gap.”
The Asset Building Program is pleased to join a group of other organizations in the role of National Partner for the Summit. Our work, and that of the asset building field more broadly, seeks to contribute a nuanced, research-informed understanding of where racial wealth disparities stem from and how these gaps perpetuate inequity within communities of color and the economy at large.
The program for the Color of Wealth Summit is organized around four key themes:
- Connecting the dots between shifting demographics and the need for more equitable anti-poverty policies
- Exploring the potential for housing and homeownership to serve as a wealth-building strategy for families and people of color
- Understanding racial inequality in retirement savings and strategies to mitigate this gap
- Ensuring a racially-just framework for financial inclusion efforts.