“Through site visits, we heard that the application process can sometimes create barriers for young people. […] Though some partnerships said they encouraged young people to locate housing in low-poverty neighborhoods, site visits suggested this can be challenging …”
Signe-Mary McKernan
@SMMcKernan
VP and codirector Wealth & Financial Well-being Initiative . Researcher. Economist. Wealth isn't just for the wealthy. Views are my own.
Signe-Mary McKernan’s Tweets
., , & : To truly meet "the goals of such programs to catch families as they fall into poverty, stabilize them, & help them achieve economic independence, the safety net should include both income & wealth supports." urbn.is/3b5Sm5U
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.: "If you have a subprime credit score, you’re going to pay $3,000 more in interest, for example, when buying a $10,000 used car. & $87,000 more in interest when buying a $250,000 house. So it really affects day-to-day lives." (via )
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At we often get asked what baby bonds are, how they might close the racial wealth gap, and how they can fit in a budget with other wealth building policies and income supports. We are going to answer these questions and more, register here:
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New speakers added to our panel discussion on removing resources limits from public assistance programs--join our Policy Lab July 26th and hear from of , our own , and from Alexandria's Dept. of Community & Human Services at 1ET
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A few terrific open positions in our center - please circulate!
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Come join our team @urbaninstitute! Early career positions. urban.wd1.myworkdayjobs.com/Urban-Careers
Policy Assistant, Wealth and Financial Well-Being
Research Assistant, Wealth and Financial Well-Being
Research Assistant, Child Welfare/Foster Care
Research Analyst, Child Policy
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Updated tool: Explore the geography of debt in America at the national, state, and county levels. How does your community compare?
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Just updated: Explore the geography of debt in America & the debt differences that can reinforce the wealth gap between white communities & communities of color. What's happening in your county? urbn.is/3sA85NY
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We need more than homeownership alone to close wealth gaps. Thoughtful blog by : urban.org/urban-wire/thr #wealthinequality
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' “Our long-run view of the racial wealth gap underscores the importance of slavery and post-slavery institutions for the persistence of the wealth gap.” '
squaredawayblog.bc.edu/squared-away/e
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#EconomicSecurity remains elusive for many American families. recently joined researchers, nonprofit leaders, & policy experts to discuss strategies for broadening access to it: bit.ly/3mgV0aX
#EconinED #FinancialInclusion #MacroSW #FinancialCapability
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On Thursday, joins , , , & for a discussion on the role of household debt in building wealth. Learn more & register to attend: urbn.is/3titM7v
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From : "evidence shows continuing an unwanted pregnancy will lead to more pregnancy-related deaths, adverse mental and physical health outcomes for women, and adverse social and economic outcomes for women and their families."
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Join us June 9th to talk about debt and household wealth at the Federal Reserve Bank of New York (or virtual). Register below. mailchi.mp/aspeninst/aspe
#LiveAtUrban on Thursday: Join , , , , & for a discussion on inflation & its consequences for families with low & moderate incomes.
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Join us this Wednesday, May 18th to learn about how income and assets combined make a powerful combination for economic security.
ssw.umich.edu/events/list/20
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New analysis from Michael Karpman, , & : Medical debt fell during the pandemic. How can the decline be sustained?
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“With 25 years of experience analyzing healthcare, Kenney is an in-demand expert on Medicaid and the Children’s Health Insurance Program, having published more than 100 peer-reviewed articles.”
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Proud to call Jenny Kenney an @urbaninstitute colleague -- elevating and shaping the debate in healthcare policy twitter.com/washingtonian/…
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Our analysis shows that although downtown DC has higher-quality infrastructure and better access to transit, jobs, health care, and other resources, it also has high heat, noise and air pollution, and more dangerous walking conditions.”
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Check out our new interactive feature, Redefining Walkability, @urbaninstitute. We develop a set of 5 metrics to evaluate pedestrian conditions in Washington DC & map them citywide: Not just access, but also environment, infrastructure, policing & safety. urban.org/features/redef
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I’m proud Urban Institute experts are working in partnership with + and workers on a new #JobQuality Measurement Initiative, which was part of the inspiration for this piece today by in . Check it out here:
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We’re looking for a strategic communications expert to work with our research teams to determine target audiences, build strategic communications plans, and engage communications staff for impact (e.g., searchable content, social media, stakeholder outreach, events, and media).
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Job alert: We're looking for a strategic communications manager to support bodies of work like apprenticeships, wealth building, & children, families, & youth. Get the details, spread the word, & apply: urbn.is/3LeR0Ti
HBCU scholars: Receive up to $20,000 in funding & join a learning community on the racial wealth gap & its impact on Black women & families. Learn more & apply by Friday, 4/29:
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. in : "While the United Kingdom overall experienced improvement in financial vulnerability, gaps remained in several regions, and high financial vulnerability persisted." urbn.is/3u7p1i9
Learn more:
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Child care systems don’t align with what parents working nontraditional hours recommend, write Gina Adams, , & Laura Wagner.
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“When the Tax Cuts and Jobs Act (TCJA) was enacted, critics claimed that reducing the tax subsidy for mortgage interest would hurt home values. But new TPC research shows that the reduced deduction had very little effect on the size of new mortgages”
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From @TaxPolicyCenter: A look at how the TCJA affected the housing market urbn.is/3wXnJb4
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This morning I'll be presenting preliminary dissertation work on Medicaid estate recovery and homeownership with potential implications for closing the Black-White wealth gap alongside a panel of incredible scholars & Jermaine Toney #2021APPAM
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Excellent presentation today by colleague on food access. #2021 APPAM
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In beautiful Austin, TX chairing and presenting at #2021APPAM wealth, financial well-being, and racial equity sessions with and others not on Twitter.
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‘ Calarco said Dow's work shows "why and how Ketanji Brown Jackson has persisted despite the challenges of being a Black mother working in a field built for wealthy white men, and also shows us why her family has rallied behind her and cheered her on every step of the way." ‘
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Mothering While Black and my work more broadly was mentioned in this article about Judge Ketanji Brown Jackson's confirmation hearing. usatoday.com/story/life/hea
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Just updated: How has financial vulnerability in the UK changed since 2017 and where could resources be better targeted to improve financial resilience? (via )
Urban Institute is hiring a paid summer research intern to work on policy projects focused on debt, wealth, and financial well-being. Please share this opportunity and ask interested rising juniors, seniors, or graduate students to apply. urban.wd1.myworkdayjobs.com/en-US/Urban-Ca
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From & team: In Aug. 2021, ~64 million people with a credit record had debt in collections on their credit report, down from 68 million in 2019. But with protections expiring & changes in how medical debt is reported, what's next?
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Explore 's data dashboard on how the pandemic and the economic response has influenced credit health in your area.
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Such a powerful video. Love that it presents strategies to solve the challenges too.
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What challenges do young people face in accessing safety net programs? urbn.is/34shZuk
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Update: How is your community faring on credit health measures? urbn.is/2ZP0tKH
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A typical household in the richest parts of Cook County has more than 200 times the wealth than a typical household in the poorest parts of the area, reports : urbn.is/3uC9fMF
Learn more:
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.: "In 2019, the median US Black family had 13 cents of wealth for every dollar held by white families." More from : urbn.is/344SHSV
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.: "In Arkansas, 23% of people living in communities of color have medical debt in collections...compared with 19% of people living in majority white communities." (via )
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