On March 7, 2024, Purpose Built hosted the second annual network-wide Hill Day in the heart of Washington, D.C. This extraordinary event brought together our Network Members on Capitol Hill to engage with congressional leaders and the office of the Vice President. … Continue Reading →
Life stressors are something that all of us deal with every single day. But it is well documented that people and families living in poverty face disproportionate and compounding circumstances. In this episode we hear about how in Omaha, Nebraska, the trifecta of crises—health, economic and racial justice—are affecting poor and Black and brown communities. Listen
The Atlanta Fed’s Community and Economic Development department supports the central bank’s mandate of stable prices and maximum employment by working to improve the economic mobility and resilience of people and places. Dr. Raphael Bostic, President and CEO, Federal Reserve Bank of Atlanta and Mr. Egbert Perry, Chairman and Chief Executive Officer, Integral; former Chairman, Fannie Mae, explore the ecosystem of organizations and the unique assets and opportunities of each – the Federal Reserve System, Fannie Mae, community developers, housing developers, educators, everyone at the Purpose Built Communities conference – and offer perspective on a call to action about how collectively we help communities develop. Watch
The Racial Wealth Divide Initiative (RWDI) at Prosperity Now has worked with organizations and teams nationally to help them work through how to integrate racial economic and wealth equity into program design, development and implementation. This workshop with speakers Cat Goughnour, Associate Director, Racial Wealth Equity at Prosperity Now and Lillian Singh, Vice President, Racial Wealth Equity at Prosperity Now provides participants an interactive opportunity to collaboratively ideate solutions to complex, long-standing socioeconomic issues by building off of the foundation laid during the Community Revitalization Through a Racial Equity Lens session. The focus of this equitable development workshop is to turn racial economic and wealth equity theory into practice using field tested approaches and tools designed with, for and by those who feel the issues most acutely by integrating a combination of Right 2 Root System and RWDI methodologies and strategies into asset based community development. Watch
Raza Development Fund invests capital and creates financing solutions to increase opportunities for the Latino community and low income families. Tommy Espinoza, President & Chief Executive Officer, is a prominent architect of Latino community and business development policy and programs, with over 45 years of experience that span the breadth of the public, private sector, and nonprofit spectrum. Watch
Previously the Equality of Opportunity Project, Opportunity Insights uses big data to empower policymakers and civic leaders to create targeted local policy solutions that revive the American Dream. In this session, David Williams, Policy Director, Opportunity Insights, Harvard University discusses “Neighborhoods and Economic Mobility: What the Data Says and How Better Policies Can Help.” Watch
Segregation in the United States has shaped our society and had negative impacts on African-American and minority communities for generations. Segregation also affects the overall economic health of our country – and everyone in it. Watch
It’s been a convenient diversion from the truth that’s been told since Reconstruction - that the segregation we’ve seen and continue to see in America is just the effects of private individual biases and incidents of discrimination, rather than codified in law. But, when we look at the facts, that myth breaks down pretty quickly with the abundant examples of policies in local, state, and federal government across the country that explicitly discriminated against African Americans.
In this bonus episode, Richard Rothstein and Shirley Franklin, former Executive Board Chair of Purpose Built Communities discuss the history and myth of de facto segregation in America - and what it will take to reverse the toxic effects of that history. Listen
Warren Buffett has been called a wizard, an oracle, a sage - a wise and prophetic investor who knows value when he sees it. In this last episode of Season Two, Warren Buffett sat down with CNBC's Becky Quick in Omaha in 2017 to talk about how America's systems fundamentally misdirect money into the hands of too few to the detriment of the many. He called on philanthropists looking to have the biggest impact for their investments to shed their pretensions and one-upsmanship and look where things are working to attack at the root of the problem. Listen
There's an opportunity cost to separating and segregating people: we're not getting the best ideas, the creativity, the innovation out of discriminated communities that can lift up those neighborhoods and our country. Diversity brings out the best in people.
Dr. Katherine Phillips, professor of organizational behavior at Columbia Business School, told Purpose Built Communities' annual conference in Omaha in 2017 that, to understand the value of diversity and use it to learn and innovate more effectively, we need to start by making small changes in ourselves. Listen
