Strategies: Racial Wealth Building

Provide all individuals with regular cash transfers, without conditions, over their lifetimes

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

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.

Establish publicly funded investment accounts for every newborn, accessible at age 18

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

Support programs that provide small loans, usually to individuals with lower incomes, to start or expand a small business, often with business development training and other technical assistance

Provide grants to states and localities to fund activities that build, buy, or rehabilitate affordable housing for rent or homeownership, or provide direct rental assistance to households with low incomes

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

Provide funds to households with low incomes to meet home energy needs, especially for households with children, older adults, or individuals with disabilities

Offer a refundable tax credit to working families with qualifying children or other dependents that receive care outside the home (e.g., a spouse with disabilities)