Asset Building in Low-Income Communities of Color, Part 2

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".

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Publication Date: 
Wednesday, July 1, 2009