Economic Justice for All

Community Economic Development

Significance

Everyone should have access to a good job, fair wages, and financial stability – no matter what their background. Without income, people can’t afford basic needs like food, housing, or healthcare. Economic justice helps close wealth gaps and build long-term opportunity.

Local Ownership of Assets

Home ownership is the best indicator of wealth accumulation. Purchasing a home is often the largest financial investment a household will make. Home ownership is a measure of person and area wealth. Examining home ownership rates, foreclosure risk, and changes in assessed value bring understanding to area wealth and underscores residents who are able to make this type of investment and those who may require additional support in order to make this investment.

Business Development Retention

Businesses are an important drive of jobs and economic success. Equal access to business opportunities helps support and strengthen local economies. Applying a pro-equity perspective to business ownership allows for a conversation on the accessibility of diverse business ownership in the State.