With DEI initiatives under attack, efforts to close the racial wealth gap continue to face significant setbacks. Contributing to this are the funding cuts to federal aid and safety net programs, which come at a time when many low-income communities of color and Limited-English-Proficient communities are still struggling to recover from the impacts of the COVID pandemic. Additionally, marginalized communities are navigating an extended period of inflation where economic recovery seems increasingly out of reach.
Drawing on findings from National CAPACD's Financial Capability Community Needs Assessment report (2023-2024) and other recent research, this session will highlight insightful new data about the financial needs of low-income communities. Experts will share their insights on policy recommendations and effective strategies to promote financial inclusion for historically-marginalized communities in a challenging political landscape.