The Bay Area Equity Atlas is made up of 21 metrics separated by topics such as income, race, geography and ancestry and it tracks changes in the nine-county region.

In cooperation with PolicyLink, a research institute, and the University of Southern California, the Bay Area Equity Atlas has been created at https://bayareaequityatlas.org to improve the lives of the working-class and minority residents in the region. 

May was Mental Health Awareness Month—a critical time to increase public awareness around mental health and fight stigmas that prevent so many people from accessing the services they need. Addressing this stigma is particularly important within the Black community, as African-Americans are 20 percent more likely to report “having serious psychological distress” than white people.

Restorative justice is a practice of addressing wrongdoing by engaging both the victim and perpetrator of a crime in a structured dialogue, usually with members of their social circle and community in the same room.

After some 30 months, the San Francisco Police Department has completed a mere 4 percent of the recommendations — 11 of 272 — the U.S. Department of Justice handed down in 2016, according to a recently released report.  

May 2019

The Future of Banking: Overcoming Barriers to Financial Inclusion for Communities of Color

Overview

Systemic failures in the financial sector led to the financial crisis of 2007-2008 and the Great Recession that followed. These crises disproportionately impacted low- and moderate-income (LMI) communities of color through job loss, foreclosures and an unprecedented loss of wealth. During the recession, Latinos’ household wealth declined by 66%, and African Americans’ by 53%, while White households lost 16%. Ten years after the financial crisis, communities of color have yet to fully recover, and the financial system has failed to solve the problems that devastated communities of color. To help the most impacted communities recover and rebuild, the banking and financial services industry must increase their focus on serving LMI households, businesses, and communities of color. This report explores key opportunities within the banking industry, policy, and regulation that can lead to financial inclusion for all.

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