The document discusses creating equity by addressing racial and gender wealth barriers. It examines factors that contribute to wealth gaps such as generational poverty, housing costs, earnings, divorce rates, high mobility, and history of criminal justice involvement. Specific data is presented on median household income, wage gaps, unemployment, displacement, and incarceration rates. The document defines wealth as the value of one's assets minus debts and lists common assets such as cash reserves, home ownership, investments, education, and community-based assets.

1. Creating Equity
by addressing
Racial and
Gender Wealth
Barriers

2. Unpackaging
Wealth Creation
• Generational Poverty
• Housing costs
• Wealth escalators
• Retirement
• Median household income
• Earnings
• Divorce rates
• High mobility
• History of criminal justice
involvement

4. Median Household income
Median Household Income
(2000 inflation-adjusted, 2006-2010)

5. Wage gaps greater for people of color

6. Unemployment

7. Displacement

8. Incarceration

9. 30 %
Poverty High Mobility Incarceration
IMPAC
TLow Birth Weight
Homeownership RatesUnemployment

10. Wealth gap

11. Wealth gaps among single men/women by race

12. WHAT IS WEALTH ?
Wealth noun
1. a large amount of money and valuable material possessions
2. the state of being rich
3. a great profusion: a wealth of gifts
4.(economics) all goods and services with monetary,
exchangeable, or productive value

13. WHAT IS WEALTH ?
u Wealth is the value of one’s
assets minus debts.

14. COMMON ASSETS
u Cash reserves, home ownership, capital-
building assets, education (stocks,
investments, entrepreneurship and business
assets)
u Community-based assets (access to
generational knowledge and financial
literacy, cultural and generational
expectations and value systems, business and
wealth creation networks)

15. THANK YOU!

16. Percent change in local home prices today, and
over time, relative to April 2006

17. Percent of existing home sales that were
distressed sales

18. Percent of adult (18+ yrs.) Census population
without a credit file and credit score.

19. THANK YOU!

21. Distribution of Low-Income K-12 Students by Race,
Oregon, 2013
African or African
American
Native American
Asian
Pacific Islander
Latino
Slavic
5.1% 5.1
%
4.0
%
31.0%
1.5
%
2.6
%
Source: 2015 Equity Reading Summit Report,
OEIB
Middle Eastern/
North African
0.2
%

22. People of Color in Oregon’s Legislature, 2015
Senate
House