With Climate Change, Covid-19 and social distress, We Hope
to refashion cities with EYES ON EQUITY.
As places where we can bring to light the interconnected nature of the economy; where we can address households' balance sheets and factors like persistent poverty, the working poor, affordable housing, incarceration, unemployment, lack of infrastructure, education levels, food deprive and health/mental care.
OUR COMMITMENT TO SOCIAL GOOD
WORKING WITH LIKE-MINDED NETWORKS TOWARDS ZERO-NET EXTREME POVERTY BY 2030 BY DOUBLING-DOWN IN THREE HIGH-IMPACT PRIORITIES:
- MODERNIZE EDUCATION TO BE INCLUSIVE
- CREATE SUSTAINABLE JOBS ACCELERATING WORKFORCE
- CREATE PATHWAYS TO AFFORDABLE LIVING THROUGH HOMEOWNERSHIP, ENTREPRENEURSHIP AND BUILDING FINANCIAL ASSETS.
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WHY ECONOMIC MOBILITY Towards ZERO-NET EXTREME POVERTY
Chetty, Friedman, Hendren, Stepner, and the OI Team (2020)
While employment rates have rebounded to nearly pre-COVID-19 levels for high-wage workers, they remain significantly lower for low-wage workers. Declines in high-income spending led to significant employment losses among low-income individuals working in the most affluent ZIP codes in the country.
The Economy Is More Than Wall Street
In 2019, The Census Bureau found income inequality was higher than 50 years ago. In 2020, we are responding to questions like "How do we interrupt persistent poverty?" "How racial segregation has grown closely to income inequalities."