Anyone need a new read for the end of summer or their book club? Great recommendation from #NASLEFnetwork member Travis Watson
Fifteen Cents on the Dollar by Louise Story and Ebony Reed is one of the most well-researched, well-written, and informative books I've read. I encourage everyone to read it, particularly my CDFI and community development colleagues. I'll share some of the parts I book-flagged on my feed over the coming days. Here's the first one: "When you look at how much wealth the typical, or "median," Black American has compared with the median white American, you see that the typical white family has consistently had upward of $100,000 more in wealth than the typical Black family. This has meant that consistently since 1989, between 77 and 86 percent of Black families have had less wealth than the median white family." #FifteenCentsOnTheDollar National Association of State and Local Equity Funds (NASLEF)