Economic Architecture is partnering with Dr. Andre Perry and the Brookings Institution to foster structural innovations with the potential to create a more equitable housing market.
Innovators across the United States are building structural innovations that (re)design markets. The interactive map below highlights their transformative efforts, showcasing market- and policy-based innovations addressing critical issues like the racial wealth gap and the devaluation of homes in Black communities.
We invite you to explore how these projects are creating more equitable, sustainable futures, and navigate the map to discover structural innovations nationwide. Learn about the innovators and leaders behind these initiatives and find inspiration for advancing structural change in your own community.
As more initiatives emerge, this map will continue to grow, reflecting the expanding landscape of structural innovations.
Homes in Black majority neighborhoods
are undervalued by 23% on average
(-$48,000) compared to similar homes in
neighborhoods with few Black residents.
Cumulatively, this undervaluation
deprives homeowners in Black
neighborhoods of approximately $156
billion in equity1.
1 https://www.brookings.edu/articles/devaluation-of-assets-in-black-neighborhoods
Economic Architecture is partnering with Dr. Andre Perry and the Brookings Institution to foster structural innovations with the potential to create a more equitable housing market that enables homeowners in Black-majority neighborhoods to realize the value of their assets.
The 2024 Valuing Homes in Black
Communities collaborative challenge,
announced in June and opening
fall 2024, is a multi-stage initiative
that engages with innovators in
communities proximate to the
problem.
The second iteration of the challenge will
identify the most promising market-
and policy-based structural innovations
to address the devaluation of homes
in Black-majority neighborhoods.
