Analysis, Commentary, National

Without Change, African-American and Latino Families Won’t Match Current Average White Wealth for Centuries

Report Calls for Major Federal Policy Shifts To Address Growing Racial Wealth Divide

growing-gap-report-cover

WASHINGTON –(ENEWSPF)–August 9, 2016.   If current federal wealth-building policies remain in place, it will take the average African-American family 228 years to amass the same amount of wealth that white families have today and it will take Latino families 84 years to reach that goal, according to a new report from the Corporation for Enterprise Development (CFED) and the Institute for…

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