Racial Wealth Gap /tags/racial-wealth-gap Racial Wealth Gap en-US Copyright © 2024 Mon, 08 Jul 2024 10:00:00 GMT Wash U researchers say child savings accounts can be used to deliver reparations /race-identity-and-faith/2024-07-08/washington-university-researchers-child-savings-reparations Washington University in St. Louis researchers propose using child development accounts as a way for local and federal governments to deliver reparations to Black Americans. The recent journal entry explores three wealth-accumulating options for Black people to receive reparations — cash transfer, a savings plan or a trust fund. Mon, 08 Jul 2024 10:00:00 GMT /race-identity-and-faith/2024-07-08/washington-university-researchers-child-savings-reparations Andrea Y. Henderson Minority homeownership rates are rising, but Black rates still below the national average /economy-business/2024-02-20/minority-homeownership-rates-are-rising-but-black-rates-still-below-the-national-average Homeownership rates have increased for minorities over the past few years, according to the National Association of Realtors 2024 Snapshot of Race and Home Buying in America Report. Just 41% of Black Americans own homes in Missouri, which is below the national average. Tue, 20 Feb 2024 14:00:00 GMT /economy-business/2024-02-20/minority-homeownership-rates-are-rising-but-black-rates-still-below-the-national-average Andrea Y. Henderson Hebert Homes wants to make it easier for lower-income families to own a home of their own /economy-business/2023-04-07/hebert-homes-wants-to-make-it-easier-for-lower-income-families-to-own-a-home-of-their-own 22 of the 26 new homes will be designated for families who are ready to buy a home and make below 80% of the area median income, $75,900 for a family of four. Thu, 06 Apr 2023 22:29:35 GMT /economy-business/2023-04-07/hebert-homes-wants-to-make-it-easier-for-lower-income-families-to-own-a-home-of-their-own Eric Schmid Investment fund for Black- and Latino-owned businesses gains support from BJC HealthCare /economy-business/2023-01-25/investment-fund-for-black-and-latino-owned-businesses-gains-support-from-bjc-healthcare BJC’s investment, along with others, brings the WEPOWER Capital’s total to $1.5 million and will go to high-growth, St. Louis-area Black- and Latino-owned businesses. Wed, 25 Jan 2023 23:06:46 GMT /economy-business/2023-01-25/investment-fund-for-black-and-latino-owned-businesses-gains-support-from-bjc-healthcare Eric Schmid How wealth inequality shapes life in the St. Louis region /economy-business/2022-01-26/how-wealth-inequality-shapes-life-in-the-st-louis-region © 2024 is taking the next year to unpack how wealth inequality impacts our region in a series of stories. Here’s your guide to understanding the basics. Wed, 26 Jan 2022 12:12:59 GMT /economy-business/2022-01-26/how-wealth-inequality-shapes-life-in-the-st-louis-region Corinne Ruff Black college grads sought degrees as tickets to success. Now they’re buried in debt /education/2021-12-01/black-college-grads-sought-degrees-as-tickets-to-success-now-theyre-buried-in-debt When it comes to the wealth gap, a college degree “doesn’t serve as an equalizer among Black and white families,” said Lowell Ricketts, a data scientist with the Federal Reserve Bank of St. Louis. Wed, 01 Dec 2021 11:22:44 GMT /education/2021-12-01/black-college-grads-sought-degrees-as-tickets-to-success-now-theyre-buried-in-debt Niara Savage Racial covenants, a relic of the past, are still on the books across the country /culture-history/2021-11-17/racial-covenants-a-relic-of-the-past-are-still-on-the-books-across-the-country Racial covenants made it illegal for Black people to live in white neighborhoods. Now they're illegal, but you might still have one on your home's deed. And they're hard to remove. Sat, 20 Nov 2021 12:49:09 GMT /culture-history/2021-11-17/racial-covenants-a-relic-of-the-past-are-still-on-the-books-across-the-country Cheryl W. Thompson, Cristina Kim, Cristina Kim, Natalie Moore, Roxana Popescu, Corinne Ruff St. Louis homeowners want to get rid of racial covenants. But in Missouri, it's complicated /culture-history/2021-11-19/st-louis-homeowners-want-to-get-rid-of-racial-covenants-but-in-missouri-its-complicated Unlike some states, Missouri doesn’t have a process laid out for homeowners to amend racially restrictive covenants. But some lawyers passionate about the issue are helping homeowners amend them and pushing for lawmakers to do more. Fri, 19 Nov 2021 12:00:17 GMT /culture-history/2021-11-19/st-louis-homeowners-want-to-get-rid-of-racial-covenants-but-in-missouri-its-complicated Corinne Ruff 30,000 St. Louis properties have racial covenants in their deeds. Your home could be one /culture-history/2021-11-18/30-000-st-louis-properties-have-racial-covenants-in-their-deeds-your-home-could-be-one The covenants, widely used in the early- to mid-1900s, shut Black St. Louisans out of white neighborhoods for decades and had long-lasting impacts on communities. Many homeowners have no idea these legal documents still are associated with their deeds. Thu, 18 Nov 2021 12:00:34 GMT /culture-history/2021-11-18/30-000-st-louis-properties-have-racial-covenants-in-their-deeds-your-home-could-be-one Corinne Ruff Ending the racial wealth gap through reparations: Local policies or federal payments? /government-politics-issues/2021-10-19/reparations-local-policies-federal-payments St. Louis Mayor Tishaura Jones is one of a dozen U.S. mayors calling for local reparations to address the racial wealth gap by ending racist policies. Tue, 19 Oct 2021 10:15:59 GMT /government-politics-issues/2021-10-19/reparations-local-policies-federal-payments Chad Davis