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The Black Wall Street Economy

From Financial Knowledge to Economic Action

Learn how money, business, investing, ownership, policy, and economic decisions affect you, your family, your business, and your community.

A Black family standing together outside their neighborhood storefront business

The Black Wall Street Economy is an economic education, information, opportunity, and action platform created to help Black individuals, families, businesses, and communities build greater ownership, stability, influence, and wealth.

We examine the businesses, investments, policies, institutions, and financial decisions shaping our communities. We explain what they mean, why they matter, and what people can do with the information.

Our work does not stop with financial literacy. We believe knowledge must lead to action.

  • We learn together.
  • We teach one another.
  • We put knowledge into practice.
  • We build stronger individuals, businesses, families, institutions, and communities.

Today in the Black Economy

News, markets, policy, and business developments

Reporting and analysis on the decisions shaping ownership, capital, jobs, housing, and public spending.

Two Black contractors reviewing construction blueprints at a job site
Opportunity
Government Contracting

Federal agencies open a $4.2B window for small construction and services firms

Three agencies posted set-aside solicitations this month. Registration in SAM.gov takes weeks — firms that wait will miss the cycle.

Editorial Desk · Aug 1, 2026

What you can do

Verify your SAM.gov registration and confirm your NAICS codes this week.

Investigation
Housing

Denial rates for Black applicants remain double the national average in 14 metros

A review of federal mortgage disclosure filings shows persistent gaps even among applicants with similar income and credit profiles.

Research Team · Jul 29, 2026

Analysis
Banking

Deposits at Black-owned banks grew for the sixth straight quarter

Community deposit campaigns and public-sector accounts are quietly rebuilding the lending base of a shrinking sector.

Markets Desk · Jul 26, 2026

Educational
Access to Capital

What lenders actually look at when a small business applies for credit

Revenue consistency, debt service coverage, and documentation quality outrank the pitch every time.

Founder's Desk · Jul 22, 2026

Breaking
Jobs

Monthly jobs report: Black unemployment ticks up while overall hiring holds

The headline number hid a widening gap. Here is what changed and which sectors drove it.

Markets Desk · Aug 2, 2026

Learn and Take Action

Economic subjects explained in plain language

Every lesson answers the same six questions so you always know what to do with what you just learned.

Beginner
Credit

How your credit report is built — and who reads it

What it is
A credit report is a record of how you have borrowed and repaid money, assembled by three national bureaus.
Why it matters
It sets the price of nearly every dollar you borrow: mortgages, cars, business credit, and sometimes insurance.
How it affects the Black community
Higher average borrowing costs drain wealth from Black households every month, even at identical income levels.
What you can do next
Pull all three reports free, dispute every error in writing, and set a 90-day recheck.
Risks and cautions
Credit repair companies cannot legally remove accurate information. Never pay for what you can do yourself.
Related tools and resources
Dispute letter template · Credit report checklist · Utilization calculator (coming soon)
Intermediate
Investing

Municipal bonds: how your city borrows and who profits

What it is
Municipal bonds are loans investors make to cities, counties, school districts, and public authorities.
Why it matters
They finance the schools, water systems, transit, and arenas built in your neighborhood — and pay tax-advantaged interest.
How it affects the Black community
Communities carry the debt but rarely hold the bonds. Ownership keeps the interest local instead of exporting it.
What you can do next
Read your city's most recent official statement and identify what the last bond issue actually funded.
Risks and cautions
Bonds carry credit and interest-rate risk. Long maturities lose market value when rates rise.
Related tools and resources
Bond terminology glossary · Municipal issuance tracker · Yield vs. tax-equivalent yield explainer
Advanced
Business Ownership

Getting contract-ready: registrations, certifications, and past performance

What it is
Public agencies buy through structured procurement systems with strict eligibility and documentation rules.
Why it matters
Government is the largest single buyer in the country and pays reliably once you are inside the system.
How it affects the Black community
Black-owned firms win a small fraction of public contract dollars, largely due to registration and bonding barriers.
What you can do next
Complete SAM.gov registration, then pursue one certification that matches your buyer.
Risks and cautions
Chasing contracts you cannot perform destroys past-performance ratings and cash flow.
Related tools and resources
Contract readiness checklist · Certification comparison table · Capability statement template
Beginner
Generational Wealth

Estate planning is not just for the wealthy

What it is
An estate plan directs who receives your property, who raises your children, and who speaks for you.
Why it matters
Without documents, state law decides — slowly, publicly, and expensively.
How it affects the Black community
Heirs' property has cost Black families millions of acres of land through forced partition sales.
What you can do next
Name beneficiaries on every account this week, then schedule a will and power of attorney.
Risks and cautions
Outdated beneficiary designations override your will. Review them after every major life change.
Related tools and resources
Estate document checklist · Heirs' property explainer · Beneficiary audit worksheet

Economic Opportunities

Contracts, grants, capital, jobs, and training open now

Verified listings across fifteen categories, with deadlines, eligibility, and application links.

Grants
Verified

Small Business Growth Grant — Third Cycle

Southern Community Foundation

Location
GA, AL, MS
Format
In person
Deadline
Sep 15, 2026
Value
$25,000
Government Contracts
Verified

Prime Vendor — Facilities Maintenance IDIQ

City of Atlanta Procurement

Location
Atlanta, GA
Format
In person
Deadline
Aug 28, 2026
Value
Up to $3.4M / 5 yrs
Jobs
Verified

Commercial Underwriting Analyst

Liberty Heritage Bank

Location
Durham, NC
Format
Hybrid
Deadline
Rolling
Value
$78K–$96K
Loans
Verified

CDFI Working Capital Loan Fund

Delta Capital Partners

Location
National
Format
Remote
Deadline
Rolling
Value
$10K–$250K
Apprenticeships

Skilled Trades Apprenticeship Cohort

Regional Building Trades Council

Location
Cleveland, OH
Format
In person
Deadline
Sep 1, 2026
Value
Paid, $22/hr
Real Estate
Verified

Historic District Mixed-Use Development RFP

Housing & Redevelopment Authority

Location
Birmingham, AL
Format
In person
Deadline
Oct 3, 2026
Value
$12M project

Black Business Spotlight

Ownership categories, stated precisely

Black owned, Black founded, Black controlled, and Black led are different things. We label every company by what it actually is.

A Black woman entrepreneur reviewing her business finances on a laptop in her bakery
Black owned

Rooted Goods & Co.

Nine years in, three metro locations, and a supplier contract pipeline built on clean financial statements and a certified vendor profile.

Liberty Heritage Bank

Banking · Durham, NC · 58 years

Black controlled

Community bank with a majority-Black board and voting control, lending across the Southeast.

Meridian Signal Systems

Technology · Austin, TX · 6 years

Black founded

Founded by a Black engineer; now venture-backed with a mixed cap table.

Northgate Industrial Group

Manufacturing · Detroit, MI · 22 years

Black led

Publicly traded supplier with a Black chief executive; ownership is broadly held.

Delta Capital Partners

Investment Firm · Jackson, MS · 14 years

Black owned

CDFI lender and small-balance real estate investor across the Mississippi Delta.

Community Economic Dashboard

The indicators we track every month

Every figure shows its source and date. Where an indicator moved against our communities, we mark it.

Black unemployment rate

6.1%+0.3 pts

Source: Bureau of Labor Statistics · Jul 2026

Black homeownership rate

45.9%+0.4 pts

Source: Census Housing Vacancy Survey · Q2 2026

Median Black household income

$56,490+2.1%

Source: Census Bureau, CPS ASEC · 2025

Black-owned employer firms

161,000+3.8%

Source: Annual Business Survey · 2025

Small business loan approval gap

-17 ptsunchanged

Source: Federal Reserve Small Business Credit Survey · 2025

Black CEOs in the S&P 500

8-1

Source: Company filings review · Jul 2026

From Knowledge to Action

Ten things you can do this month

Pick one. Finish it. Then pick the next. Members can save actions, mark steps complete, and track progress on a personal dashboard.

  1. 01

    Review your credit report

    Pull all three bureau reports and dispute every error in writing.

    45 min

  2. 02

    Increase retirement contributions by 1%

    A single percentage point compounds into years of retirement income.

    15 min

  3. 03

    Research a local Black-owned business

    Find one, buy from it, and leave a verified review.

    30 min

  4. 04

    Learn how municipal bonds work

    Understand who profits when your city borrows.

    1 hr

  5. 05

    Register your business entity

    Formalize the side income you already earn.

    2 hrs

  6. 06

    Rebuild your household budget

    Track 30 days of actual spending before you set targets.

    1 hr

  7. 07

    Start a government contract profile

    Complete SAM.gov registration and confirm your NAICS codes.

    3 hrs

  8. 08

    Create or update an estate plan

    Name beneficiaries, then draft a will and power of attorney.

    2 hrs

  9. 09

    Attend a community development meeting

    Zoning and budget decisions set your property value.

    2 hrs

  10. 10

    Research an investment before purchasing

    Read the filings, the fees, and the risk section first.

    1 hr

The founder teaching a community economics class in a neighborhood hall

Founder's Learning Desk

What I am studying right now

I built this platform because teaching sharpens my own understanding. I research a subject, break it down until it is plain, publish what I learned, and then show what to do with it. I am learning alongside you — not ahead of you.

Currently learning
How municipal bond issuance decides which neighborhoods get infrastructure.
Currently researching
Five-year public procurement spend across twelve states.
Currently questioning
Why supplier diversity goals are reported but seldom audited.
Currently teaching
Reading a company's annual report without a finance degree.

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