Close the Racial Wealth Gap by Achieving Economic Justice
1. INVEST IN LOCAL INITIATIVES THAT BUILD COMMUNITY WEALTH
Even before the coronavirus pandemic, over half of Miami-Dade County households were considered in poverty or the working poor (United Way Miami, 2020). There exists a staggering racial wealth gap in our region, where the median net worth is $107K for White-Americans, $22K for Cuban-Americans, and $3,700 for American-born Blacks (OSU, 2019). It is important to build community wealth and address this disparity head on.
2. ELIMINATE HARMFUL IMPACTS OF FINES & FEES
The inability to pay fines and fees can lead to mounting debt, driver's license suspensions, and jail for our residents. Across the country, millions of Americans get trapped in the justice system simply because they can’t afford to pay fines and fees. We must reform this system to eliminate disproportionate punishment for those solely because they have limited finance.
3. SUPPORT SMALL BUSINESS REVITALIZATION
The Beacon Council says it best, "Small businesses are the lifeblood of Miami-Dade County, representing a large portion of the local economy." When we support small local businesses, we are more likely to maintain our community identity, be environmentally friendly, create local jobs, and reinvest in our neighborhoods.
Primary Partners: Future Bound Miami, Beyond the Bars, Opa-Locka CDC