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These Three Women Are Finding Solutions to Combat Discrimination Against Black Homeowners. The home appraisal industry is plagued by a lack of diversity, and that misrepresentation has led to decades of racial discrimination and a widening affordability gap which these three female appraisers are working to resolve.
Before the 1960s passage of anti-discrimination laws, Black homeowners were still doing better than they are today. Even after purchasing a home, the wealth gap is sustained by disproportionate home equity values. Black homeowners accumulate an average of $27,000 in equity, while white borrowers have an average of $79,000.
As transparency and social justice remain growing priorities for businesses, it’s important for companies to consider how they’re addressing equity in the workplace. That implies that discrimination is an acceptable norm. Furthermore, company transparency is the number one factor contributing to employee happiness.
For these reasons (and so much more), construction businesses must focus on Diversity, Equity & Inclusion (DEI) and ensure that every employee feels included and represented. We still see harassment and discrimination happening in overt ways and through micro-aggressions. Maggie Farrell , Diversity & HR Manager at S.
In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. Housing Connector | Seattle, Washington Housing Connector is a tech-for-good nonprofit that increases access to housing for individuals most in need.
Mutual respect Respecting another person includes acknowledging their talents and abilities, and not discriminating against them because of their race or social background. He collaborates with organizations supporting diversity, equity and inclusion , and champions inclusive hiring in his team so all people have a seat at the table.
Initiatives focused on diversity, equity and inclusion have helped change the perception of women’s contribution to the industry, however, they are still underrepresented. I had previously worked in financial services as an advisor and I guess I was shocked at the silent discrimination that existed at that time. Women represent 10.9%
Their research found that only 43% of people who feel they have been discriminated against believe they have been well-represented in the media. Library is just one example of the strides the construction industry is making in encouraging diversity, equity, and inclusion. The new Construction Diversity Image?Library
Sugerman adds, “The industry won’t see good retention rates for women if we don’t address the harassment and exclusionary practices many tradeswomen still report facing in the construction workplace.
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