From Urban Institute Update <[email protected]>
Subject Strategies for closing the wealth gap amid the pandemic
Date February 18, 2021 12:50 PM
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Urban Institute Update
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How can policymakers ensure the pandemic doesn&rsquo;t widen the racial wealth gap?
Closing the wealth gap requires policies that provide economic relief over the next year and, in the long-term, reduce the structural barriers that can keep Black and Latinx people from building wealth.

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Safety net programs should reflect the fact that poverty results from structural barriers, not personal choices
The structure of programs like Temporary Assistance for Needy Families and the Supplemental Nutrition Assistance Program ignore barriers rooted in structural racism and perpetuate disparities by focusing on individual shortcomings&mdash;even though evidence debunks the myth that laziness or poor choices cause poverty.

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Supporting Latino and immigrant entrepreneurs in a time of crisis
Join the Urban Institute on Thursday, February 25, for a discussion of how community-based organizations help level the playing field for underserved Latino and immigrant entrepreneurs and what roles local governments and philanthropy could play.

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Forgiving PLUS debt from low-income parent borrowers
Policymakers looking to ease the burden of student debt could consider forgiving some parent loans. Three approaches to forgiveness could help boost families&rsquo; financial security, relieve or reduce the burden of monthly payments, or improve access to credit.

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Strengthening paid leave policies could yield positive work and health outcomes
Evidence shows return-to-work services improve health and employment outcomes and can help workers avoid or delay permanent disability and exiting the labor force. But most workers do not have access to them.

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