For many people living in the Bay Area, the Bay Area Rapid Transit (BART) system is an integral part of everyday life (just ask anyone affected by the recent BART strike). A casual ride on any BART line reveals the economic disparity that exists between an affluent suburb, such as Pleasanton or Fremont, and the urban core of Downtown Oakland, but a little data can reveal how much deeper this disparity goes. Consider this: a short ride between BART stations can mean an 11-year difference in life expectancy.
The income of a county can often be directly correlated to the life expectancy of its inhabitants, pointing to a need for those in the community development field to rethink their traditional approach to health in low-income neighborhoods and embrace a more comprehensive, cross-sectoral attitude that addresses the “social determinants of health.”
There are almost 20 million employed youth in the U.S., and younger households are more likely to be unbanked. Earning a paycheck is a critical teachable moment and presents a unique opportunity to provide youth with access to financial education and quality financial products.
After years of gloomy housing reports, we’ve been seeing some promising signs of a national housing market recovery. However, these encouraging indicators mask the realities of what’s happening on the ground in low- and moderate-income (LMI) communities that were disproportionately affected by the housing crisis. Complicating matters is the unprecedented role of investors in the housing recovery and the changing nature of local housing markets.