Strategies: Racial Wealth Building

Support acquisition of job-specific skills through education, certification programs, or on-the-job training, often with personal development resources and other supports

Provide occupation-specific training for low-skilled individuals in high-growth industries, with education and supports, usually with stackable credentials and work experience opportunities

Build assets through child development accounts (CDAs) with contributions from a sponsoring organization, such as government agencies or nonprofits, and family, friends; also called children’s savings accounts (CSAs)

Apologize for discriminatory housing policies; increase subsidies, financing, and paths to homeownership for people of color; and invest in systematically disadvantaged neighborhoods

Support funds that help create or maintain affordable housing, subsidize rental housing, and assist homebuyers with low incomes and non-profit housing developers

Return the rights to land, property, and resources to Native people as part of policies and initiatives that promote tribal sovereignty

Provide employees with paid time off for circumstances such as a recent birth or adoption, a parent or spouse with a serious medical condition, or a sick child

Apologize for the history and legacy of slavery and provide direct payments or community investments to Black descendants of people enslaved in the U.S.

Create designated tax districts that generate revenue to invest in affordable housing initiatives, blight remediation, and economic development efforts

Establish time-limited, subsidized, paid jobs to help individuals with barriers to employment transition to unsubsidized employment