Wealth equity is intrinsically tied to health equity. Hospitals and health systems are stepping into the community development arena more frequently as there are many opportunities for them to partner with banks and other financial institutions to reduce economic disparities that could reduce health disparities.
Access to housing, jobs, transportation, education, healthy food and recreation are the building blocks for a healthy community, outside of clinical care. Working with banks to support those building blocks is supported by a robust CRA.
Health and wealth equity didn’t exist in the U.S. before COVID-19, and the pandemic only exacerbated racial, ethnic, gender and geographic disparities. To address these issues and provide a platform for collaborative work toward solutions, NCRC members and partners in North Carolina held a 3-day special online event Oct. 13-15, 2020: Invest in Health and Wealth: Stabilizing Underserved Communities While Fighting a Pandemic.
National Findings Affirm Local Experiences Last week, a team of researchers from NCRC, the University of Wisconsin-Milwaukee School of Public Health and University of Richmond Digital Scholarship Lab produced a report with maps and data from 142 cities that showed how historic discrimination in lending and investing in entire neighborhoods correlates with shorter life expectancy …