Center on Race and Wealth
The mission of the Center on Race and Wealth is to enrich research, dialogue, and policy formation related to asset building, wealth accumulation, racial wealth disparities, racial disparities in law enforcement, poverty, and inequality.
Recent Announcements
2023 Graduate Student Research Workshop Call For Applications – Due 2/1/2023
Application Deadline: February 1, 2023, 11:59 p.m. CST
Informational Webinar: Thursday, December 1, 2022, 10:00–10:30 a.m. CST
Howard University’s Center on Race and Wealth (CRW) and the Institute for Research on Poverty (IRP) at the University of Wisconsin–Madison seek applications for their Graduate Student Research Workshop on Poverty and Economic Mobility. This week-long workshop, held at Howard University in Washington, D.C., is aimed at pre-proposal doctoral students in the social sciences studying topics related to poverty or inequality in the United States who are from groups that are underrepresented in academia. Funding is provided by the Office of the Assistant Secretary for Planning and Evaluation, U.S. Department of Health and Human Services, as part of IRP’s National Poverty Research Center award.
To learn more, please visit the application on the IRP Website.
We are pleased to welcome you to the website of the Howard University Center on Race and Wealth. This Center was created by a grant from the Ford Foundation’s initiative on Building Economic Security over a Lifetime. Since 2007, we have been carrying out research on the topic of racial wealth disparities. We engage academic researchers and state and regional asset building coalition leaders in research that will inform the public and policy makers about the causes, consequences, and solutions to the problem of racial wealth disparities.
We hope you are informed by what you find on this site and are motivated to get involved in finding a solution to closing the racial wealth gap. If you have questions or if there is something we can do to assist you, please let us know.
Thank you for your interest in the work of the Center.
Haydar Kurban
Director and Principal Investigator
Center on Race and Wealth
Questions?
Brenda Young
Administrative Assistant
HURB-1
Howard University
1840 Seventh Street, NW, Room 316
Washington, DC 20001
Phone: (202) 865-8582
Fax: (202) 232-6751
Email: crw@howard.edu
African Americans & Financial Hardship
At least 25% of African American families had no assets to turn to in times of economic hardship.
– Institute on Assets and Social Policy May 2010
People of Colors' Net Worth
An estimated 41.7% of Black households and 37.4% of Latino households lack enough net worth to subsist for three months at the poverty level without income, as compared to 16.4% of White households.
– United for a Fair Economy January 2011
The Wealth Gap
Median wealth for single Black women ages 36-49 was $5 compared to $42,600 for single White women in this same age group.
– Corporation for Enterprise Development Spring 2010
Housing Opportunities
Based on the Housing Opportunity Index, 80.3 % of White families could afford a home in 2010, compared to 53% of Black families and 51 % of Hispanic families.
– National Home Builders, 2011
Cash Flow During Retirement
An estimated 60.4% of White women receive retirement income from assets compared to 25.4% of Black women.
– Corporation for Enterprise Development Spring 2010
The Possibility of Foreclosure
African Americans were roughly 20% more likely to go into foreclosure than similarly situated Whites.
– Jayasundera, Silver, Anacker, & Mantcheva 2010
Announcements
No current announcements.