Title: Achieving Financial Stability & Generational Wealth: Racially-Centered Solutions to Seattle’s Wealth Gap

• Building & Retaining Wealth Among African American Legacy Homeowners
• Broad-Based Worker Ownership
• Community Controlled Capital
• Community Ownership of Real Estate
• Progressive Procurement
• Equitable Small Business Ecosystems
• Wealth Retention and Asset Building Programs

The City of Seattle is working towards addressing the racial wealth gap issue with a unique initiative designed to build and retain wealth among African American legacy homeowners: the 2023 Community Wealth Building Pilots. By engaging the African American community and empowering them with access to experts, this initiative can create financial stability and foster generational wealth. Read on to learn more about the strategies that the City of Seattle is using to bridge the gap.