The Race and Wealth Podcast Network

In this episode we feature the webinar, “Programs, Policies, Partnerships: Coming Together to Heal the Racial Wealth Divide” from August 3, 2016. In this webinar you will meet three incredible people doing great work on the local level. First, you have Cecilia Gutierrez, Executive Director of Miami Children’s Initiative in Liberty City, FL. She discusses the work being done in her community and how programs have changed this community. Next we have Sheley Secrest, Economic Chair for NAACP Seattle King County & NAACP Alaska Oregon Washington State Conference, who you may remember from our previous podcast, “Race and Wealth and Seattle with Sheley Secrest.” This time Sheley talks about the power of policies and effective grassroots advocacy efforts in her community. Finally, we hear from Dr. Corey Wiggins, Director of the Hope Policy Institute. Dr. Wiggins discusses the power of partnership and how to effectively build partnerships among nonprofits. To hear the full webinar you can go to this link for slides and handouts (http://cfed.org/knowledge_center/events/past/programs_policies_partnerships_coming_together_to_heal_the_racial_wealth_divide/) Miami Children’s Initiative: http://www.miamichildrensinitiative.org/ Seattle King County NAACP: http://www.seattlekingcountynaacp.org/ Hope Policy Institute: http://hopepolicy.org/

In this episode we talk to Valerie Wilson, director of the Economic Policy Institute’s Program on Race, Ethnicity, and the Economy (PREE). Valerie sits down with Dedrick to discuss her background in the economics field and her interest in race & economics. Valerie also discusses her latest report Black-white wage gaps expand with rising wage inequality which shows that inequality continues to increase and that the gap is widening faster for those with more education and discusses some possible policy solutions for this widening gap. Please sign up for EPI's newsletter for updates and reports on wage gaps, estimates and unemployment: http://www.epi.org/ Follow EPI on Twitter: @EconomicPolicy

In this episode we talk with Lisa Reyes a native born New Orleanean Dominican. Lisa Reyes is the Small Business Development Coordinator for Puentes New Orleans. Puentes New Orleans is a Latino-Led and Latino-Serving nonprofit community development organization. Lisa talks to us about the economic development work coming out of Puentes and how the Latino community has grown in the New Orleans area and the economic challenges facing these communities. Puentes New Orleans is one of the ten organizations of color that is currently participating in the Buidling High Impact Nonprofits of Color Project organized by the Racial Wealth Divide Initiative of CFED. To stay informed about the work of Puentes checkout their Facebook page: https://www.facebook.com/PuentesNewOrleans/?fref=ts

Chuck Collins joins us this week as he releases his new book Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good. Collins, a descendant of the famous meat packer Oscar Mayer, talks about his early years in the Detroit-suburb of Bloomsfield, Michigan and his gradual understanding of privilege and inherited wealth. He also talks about the effects of the Estate Tax, his life "after inherited wealth" and the many other forms of capital that contribute to the racial wealth divide today. Please purchase Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good: http://www.chelseagreen.com/born-on-third-base https://www.amazon.com/Born-Third-Base-Inequality-Committing/dp/1603586830

Dedrick Asante-Muhammad sits down with Dr. Mariko Chang (http://www.mariko-chang.com/), author of Shortchanged: Why Women Have Less Wealth and What Can Be Done About It and a coauthor of the 2015 Color of Wealth-Boston report. Dr. Chang recounts her journey into finding her passion in improving economic inequality. From there, Dr. Chang explains the gender wealth divide and its close relation to the racial wealth divide. The conversation then turns to an analysis of the wealth data from multiple demographics. Finally, Dr. Chang discusses the true impact of marriage on personal wealth and communal wealth. The Color of Wealth in Boston https://www.bostonfed.org/commdev/color-of-wealth/color-of-wealth.pdf Corporation for Enterprise Development and the Institute of Policy Study present The Ever-Growing Gap http://www.ips-dc.org/wp-content/uploads/2016/08/The-Ever-Growing-Gap-CFED_IPS-Final-1.pdf The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/music/Lee_Rosevere/Music_For_Podcasts/ Race and Wealth is edited and produced by Kye Hunter and Jessika Lopez with Dedrick Asante-Muhammad as co-producer

Dedrick Asante-Muhammad and Kylie Patterson of the Racial Wealth Divide Initiative at CFED talk with Kilolo Kijakazi, currently an Institute Fellow at the Urban Institute and formerly a Program Officer for the Ford Foundation. We talk with Kilolo about her key role in helping to create the institutions, and even the words to describe and advocate, around the racial wealth divide. Kilolo explains her background and how she became a champion for savings and building assets, and discusses historical savings trends among different communities. The conversation then shifts to Kilolo’s role in creating the Experts of Color Network and how it’s bringing national attention the racial wealth divide. Closing the Racial Wealth Gap: Establishing and Sustaining an Initiative http://link.springer.com/article/10.1007/s12552-016-9165-x You can contact the Racial Wealth Divide Initiative of CFED at the Bridging the Racial Wealth Divide Facebook page- www.facebook.com/racialwealthdivide/ The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/music/Lee_Rosevere/Music_For_Podcasts/ Race and Wealth is edited and produced by Kye Hunter and Jessika Lopez with Dedrick Asante-Muhammad as co-producer

Homeownership is a true benchmark of wealth. In this episode, Dedrick Asante-Muhammad sits down with James Carr, Coleman A. Young Endowed Chair and Professor of Urban Affairs at Wayne State University. James reveals his background, gives a quick history of African American homeownership in America and then discusses his article, "America Needs a 21st Century Housing Finance System.” Doug Ryan, Director of Homeownership at CFED, joins the conversation to discuss rental housing and improving Fannie and Freddie Mac. You can contact the Racial Wealth Divide Initiative of CFED at the Bridging the Racial Wealth Divide Facebook page - www.facebook.com/racialwealthdivide/ "America Needs a 21st Century Housing Finance System.” by James Carr-http://www.urban.org/policy-centers/housing-finance-policy-center/projects/housing-finance-reform-incubator/james-h-carr-america-needs-21st-century-housing-finance-system The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/music/lee_rosevere/music_for_podcasts/ Race and Wealth is edited and produced by Kye Hunter and Jessika Lopez with Dedrick Asante-Muhammad as co-producer

Providing more than half of all US jobs, small businesses have a big impact on the economy. In this episode, Dedrick Asante-Muhammad and Kylie Patterson, sit down with Torey Alston, Equal Economic Opportunity Director and Chief Diversity Officer of Gainesville, Florida and the Economic Chair of the NAACP-Florida Chapter. Torey explains the importance of small business development in Florida and how factors like scale and fund procurement effect development. Also, Torey gives a preview of the 2016 NAACP Diversity Matters Report Card. 2016 NAACP Florida State Conference Diversity Matters Report Card - http://www.flnaacp.com/naacp/naacp-florida-state-conference-releases-diversity-matters-report-card/ Where is the Diversity? Florida Government Spending Bypasses Minority Businesses co-authored by Lillian Singh and Torey Alston - http://www.huffingtonpost.com/lillian-d-singh/where-is-the-diversity-fl_b_9538780.html You can contact the Racial Wealth Divide Initiative of CFED at the Bridging the Racial Wealth Divide Facebook page - https://www.facebook.com/racialwealthdivide/ The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/music/Lee_Rosevere/Music_For_Podcasts/ Race and Wealth is edited and produced by Kye Hunter and Jessika Lopez with Dedrick Asante-Muhammad as co-producer

Owning a home has long been considered a pillar of the American dream, but for many households of color, homeownership continues to feel out of reach. In this episode, Dedrick Asante-Muhammad and Lillian Singh sit down with Phyllis Logan, Housing Committee Co-Chair and second vice president for the Illinois branch of the NAACP to discuss the central role of housing and homeownership in the vision of the NAACP and the challenges to getting more households of color on the path to affordable homeownership. Plus, Phyllis busts some mortgage myths. You can contact Dedrick Asante-Muhammad through Facebook: www.facebook.com/dedrickm1 You can contact Phyllis Logan through Facebook: https://www.facebook.com/CHICAGOWESTNAACP Please remember to rate, comment, and subscribe to the Race and Wealth Podcast on Itunes, SoundCloud and Stitcher Radio. Supplemental Reading: How the 'Black Tax' Destroyed African-American Homeownership in Chicago http://www.citylab.com/housing/2015/06/how-the-black-tax-destroyed-african-american-homeownership-in-chicago/395426/ Financial Insecurity in Chicago: A Data Profile http://familyassetscount.org/pdf/Chicago%20Family%20Assets%20Count%20A%20Data%20Profile.pdf The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at https://exit.sc/?url=http%3A%2F%2Ffreemusicarchive.org%2Flabel%2FHappy_Puppy_Records%2Fblog%2FMusic_for_Podcasts Race and Wealth is edited and produced by Kye Hunter and Jessika Lopez with Dedrick Asante-Muhammad as co-producer

Is development possible without displacement? In this episode of the Race and Wealth podcast, our host Dedrick Asante-Muhammad and Racial Wealth Divide Initiative associate director Lillian Singh sit down with Sheley Secrest,Vice President and the Economic Development Chair of the Seattle branch of the NAACP. They discuss recent victories by Sheley and the NAACP for more equitable development throughout the Seattle Metro Area, including the 23rd Avenue revitalization project and its impact on the city’s small business owners of color. Finally, Sheley explains the mission of Development without Displacement—inclusive community development that invests in the futures of all residents; a form of development that opposes gentrification, yet supports new investment. Seattle- King County NAACP: http://www.seattlekingcountynaacp.org/ Draze- Irony on 23rd: https://www.youtube.com/watch?v=LSUaa_rckaA You can contact Dedrick Asante-Muhammad through Facebook: https://www.facebook.com/dedrickm1 Please remember to rate, comment, and subscribe to the Race and Wealth Podcast on Itunes, SoundCloud and Stitcher Radio. The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/label/Happy_Puppy_Records/blog/Music_for_Podcasts Race and Wealth is edited and produced by Kye Hunter and Kylie Patterson with Dedrick Asante-Muhammad as co-producer

Race and Wealth and The Color of Entrepreneurship In this episode of the Race and Wealth podcast, our host Dedrick Asante-Muhammad and new Racial Wealth Divide Initiative senior program manager Kylie Patterson sit down with Algernon Austin of the Center for Global Policy Solutions. The interview starts with a discussion about how the African-American poverty rate has been cut in half over the last 50 years during times of great and growing inequality. The conversation then moves to its central topic, the new report, "The Color of Entrepreneurship: Why the Racial Gap Among Firms Costs the U.S. Billions." Finally, the conversation ends with a discussion of the annual Color of Wealth Summit and a brief reflection on Donald Trump as the Republican nominee as a follow up to our previous podcast, “Race and Wealth in the U.S. Elections.” Here is a link to the graph referenced in this episode- http://bit.ly/1V7t8D7 You can contact Dedrick Asante-Muhammad through Facebook: https://www.facebook.com/dedrickm1 You can find Algernon Austin at http://www.algernonaustin.com/ The Center for Global Policy Solutions at http://globalpolicysolutions.com/ Algernon Austin's new report at http://globalpolicysolutions.org/report/color-entrepreneurship-racial-gap-among-firms-costs-u-s-billions/ For more information on the Color of Wealth Summit, please visit http://globalpolicysolutions.org/2016-color-of-wealth-summit/ Please visit SCORE- http://www.score.org Other articles referenced in the episode: Locked Out of the Market- http://greenlining.org/wp-content/uploads/2016/02/HMDA-InteriorCover-to-post-spreads.pdf Responsible Banking the Twin Cities- https://drive.google.com/folderview?id=0B2L0_Tafp1oBTVFJMEtZc2M3QzQ&usp=drive_web# Please remember to rate, comment, and subscribe to the Race and Wealth Podcast on Itunes, SoundCloud and Stitcher Radio. The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/label/Happy_Puppy_Records/blog/Music_for_Podcasts Race and Wealth is edited and produced by Kye Hunter and Kylie Patterson with Dedrick Asante-Muhammad as co-producer

Welcome back to the fourth episode of the Race and Wealth Podcast, titled “Race and Wealth and the Baltimore Rebellion: one year later”. First, Dedrick sits down with two long term residents and activists of Baltimore Brother Faraji Muhammad and Brother Andrew Muhammad. They speak on their personal experiences of being on the ground during the rebellion and how they are working to advance the socio-economic conditions of youth and young adults in the aftermath of the uprising. Around the 45 minute mark, Dedrick is joined by Lillian Singh, Associate Director of the Racial Wealth Divide Initiative at CFED to speak with Carmen Shorter, Senior Manager for Learning and Field Engagement at CFED. Carmen is also a Baltimore resident and shares her experiences of being in Baltimore during the uprising. Carmen, then discusses her work, and the recently released CFED Baltimore Building Economic Opportunity Data Profile and how these relate to the challenges facing Baltimore. For inquiries, suggestions or about the Race and Wealth Podcast, please email RacialWealthDivide@cfed.org. To communicate with Dedrick Asante-Muhammad please reach out to him through Facebook (https://www.facebook.com/dedrickm1) or Twitter (https://twitter.com/DedrickM). You can also find the picture discussed of the Bloods and Crips standing with the Nation of Islam in Baltimore at http://www.dailymail.co.uk/news/article-3059143/The-Wire-Unimaginable-scenes-Baltimore-s-Crips-Bloods-Black-Guerrilla-Family-Nation-Islam-unite-black-men-stop-violence.html and video of the stopping of the attack on a cell phone store in Baltimore at https://www.youtube.com/watch?v=d91-rSk3ESI. The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at freemusicarchive.org/music/Lee_Rose…c_For_Podcasts Race and Wealth is edited and produced by Kye Hunter with Dedrick Asante-Muhammad as co-producer.

Welcome back to the third episode of the Race and Wealth Podcast. Our host Dedrick Asante-Muhammad, sits down with Melany De La Cruz, Assistant Director at the UCLA Asian American Studies Center. They discuss Melany’s work at the Asian American Studies Center and her beginnings in studying Racial Wealth Inequality. The conversation then moves to a discussion of the Color of Wealth series, which just released a report of Los Angeles. Finally, Dedrick and Melany discuss the Asian American Pacific Islander Nexus Journal’s special issue, which deals with Wealth Inequality. Starting at 26:30, Dedrick sits down with Lillian Singh, Associate Director of the Racial Wealth Divide Initiative at CFED, to discuss Lillian’s background growing up in Los Angeles and the circumstances that led Lillian to the asset building field. Lillian also gives personal stories of how she is using her macro view of asset building to help people gain wealth on a micro level. For inquiries, suggestions or about the Race and Wealth Podcast, please email RacialWealthDivide@cfed.org To find more information on the Asian American Studies Center and the AAPI Nexus Journal, please visit www.aasc.ucla.edu Follow Melany De La Cruz on Twitter: @MelanyDeLaCruz4 The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/music/Lee_Rosevere/Music_For_Podcasts Race and Wealth is edited and produced by Kye Hunter with Dedrick Asante-Muhammad as co-producer.

Welcome back to the second episode of the Race and Wealth Podcast. Our host, Dedrick Asante-Muhammad, sits down with Dr. Algernon Austin, Senior Research Fellow at the Center for Global Policy Solutions. Dedrick and Algernon discuss the ways in which race and the economy play into the current political season, the Obama presidency; the fallacy of a post racial America and the Tea Party; and the challenges going forward with trying to close the racial wealth divide. For inquiries, suggestions or about the Race and Wealth Podcast, please email RacialWealthDivide@cfed.org To find more work from Algernon Austin, please visit http://www.algernonaustin.com/?page_id=191 For more information about the Racial Wealth Divide Initiative, please visit http://cfed.org/programs/racial_wealth_divide/ For more information about the Color of Wealth Summit, please visit http://globalpolicysolutions.org/2015colorofwealthsummit/ The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at freemusicarchive.org/music/Lee_Rose…_For_Podcasts/ Race and Wealth is edited and produced by Kye Hunter with Dedrick Asante-Muhammad as co-producer.

Tom Shapiro, co-author of the seminal work Black Wealth/White Wealth: A New Perspective on Racial Inequality, will speak about the continuing drivers of wealth inequality in America, and the role of public policy in addressing them The intro is "Curiousity" by Lee Rosevere from the Album- Music for Podcasts. The outro is "Credit Roll" by Lee Rosevere from the Album- Music for Podcasts. Both tracks can be found at http://freemusicarchive.org/music/Lee_Rosevere/Music_For_Podcasts/