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WBUR: What’s Missing in Biden’s Plan to Address the Racial Wealth Gap

WBUR, June 7, 2021, What’s Missing in Biden’s Plan to Address the Racial Wealth Gap

To narrow the racial wealth divide, President Biden has pledged to help small disadvantaged businesses and address housing discrimination. But the details in Biden’s plan are not as clear as some experts in the field had hoped for.

Here & Now‘s Peter O’Dowd hears more from Dedrick Asante-Muhammad, chief of membership, policy and equity at the National Community Reinvestment Coalition.

This segment aired on June 7, 2021.

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Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

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