In our latest blog post by McKinsey & Company, JP Julien and Kelsey Muller highlight five themes from their latest report that have the potential to help address the housing challenge in the U.S. and unlock millions of new homes, jobs, and opportunities for American families. Read the article here: https://lnkd.in/d_Dksamx #InvestingInHousing #EconomicMobility
McKinsey Institute for Black Economic Mobility
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Advancing economic opportunity for Black individuals and communities to create a more inclusive economy and society.
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The McKinsey Institute for Black Economic Mobility is a research institute and think tank dedicated to advancing racial equity and inclusive growth in the United States—and globally. Our mission is to help private-, public-, and social-sector leaders take coordinated action to accelerate Black economic development by providing in-depth research, convening with stakeholders, and translating research into practical assets and capabilities to create real-world impact.
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Earlier this year, senior partner, Shelley Stewart III, sat down with Angela F. Williams, JD, M.Div, President and CEO of United Way Worldwide, at the World Economic Forum. They provided a sneak peek into the week on the mountain and discussed how leaders can collaborate in the 21st century to drive economic mobility globally. Enjoy the conversation here: https://lnkd.in/eUrH5swi #Leadership #EconomicMobility
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Yesterday, Kelsey Muller, associate partner in our New York office, joined a panel of leaders at New York University hosted by Terner Labs, where she discussed our latest housing report and opportunities to reimagine solutions to address today's housing needs. There's still time to register for today's webinar, where Kelsey and the other report authors will dive more into the insights from our latest report. Register here: https://lnkd.in/e2HhF95Y #InvestingInHousing #EconomicMobility
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Location of housing can impact many factors that influence economic mobility. From access to employment, to education and public services, to local amenities - housing is more than a home, it's a conduit for economic progress. Read our latest report from JP Julien and others here: https://lnkd.in/euiuCbNK #InvestinginHousing #EconomicMobility
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How we can accelerate economic progress for thousands of families in Cuyahoga County, Ohio? Duwain Pinder highlights how place-based approaches, as well as a focus on housing and childcare can help move the need in this latest op-ed for Cleveland Business Journal. Read here: https://lnkd.in/e3eJTPYd #EconomicMobility #InclusiveGrowth
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1.7 million jobs and nearly $2 trillion GDP through 2035 - that is what’s possible over the next decade if we can address the housing shortage in America. Join our webinar on February 28th?at 1pm ET?where JP Julien, Kelsey Muller, and Kelemwork Cook will discuss how investors, philanthropies, and public-sector leaders can rethink opportunities to address the housing gap. Register here: https://lnkd.in/e2HhF95Y
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We estimate that the housing shortfall could grow to 9.6 million by 2035. Investing to close that gap could create as many as 1.7 million jobs and add a nearly $2 trillion to GDP by 2035. Our latest report further discusses the opportunity here: https://lnkd.in/euiuCbNK #EconomicMobility #InvestingInHousing
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$2 trillion - that’s how much could be added to US GDP over the next decade by addressing the housing crisis and closing the undersupply gap. Our latest report highlights five strategies that could create millions of new homes and generate economic growth. Read the report: https://lnkd.in/euiuCbNK #InvestingInHousing #EconomicMobility
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"Mixed-income communities can get the economic engine moving." Shelley Stewart III shares this and other insights from our latest housing report during a segment on CNBC with Frank Holland. Watch the segment: https://lnkd.in/ejNEXzyv Read the report: https://lnkd.in/euiuCbNK #InvestinginHousing #EconomicMobility
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Economic opportunity is profoundly influenced by the location of housing. However, quality, affordable housing is out of reach for far too many Americans. Our new research estimates that housing gap in America could grow to 9.6 million units by 2035. Investing to close that gap could add nearly $2T to US GDP over the next decade. ? In this latest report, JP Julien, Shelley Stewart III, Kelsey Muller, Kelemwork Cook, Nick Noel, José María Quirós, and Sophia Autor explore innovative solutions that could address the housing shortage in the US and accelerate economic mobility for Black families and all Americans. ? Read the report: https://lnkd.in/euiuCbNK ? #EconomicOpportunity?#HousingForAll