DELAWARE COMMUNITY REINVESTMENT ACTION

LED FOR 25 YEARS BY AN IMMIGRANT, ASIAN-AMERICAN WOMAN OF COLOR, DCRAC UNDERSTANDS THE CHALLENGES FACING DELAWARE'S UNDERSERVED COMMUNITY, WHICH IS STATEWIDE, MULTILINGUAL, ECONOMICALLY DISENFRANCHISED AND LARGELY MINORITY. OUR PURPOSE IS TO ADDRESS BARRIERS TO THE RACIAL WEALTH DIVIDE THAT LEAVES AN AVERAGE AMERICAN FAMILY OF COLOR WITH ONLY 16 CENTS FOR EVERY DOLLAR OWNED BY THE AVERAGE WHITE FAMILY. FOR MANY IN THE NONPROFIT WORLD, THERE IS ONE ASPECT THAT FEELS PAINFULLY FAMILIAR: ECONOMIC CRISIS. IN OUR 34 YEARS, WE FACED THE S&L/GULF WAR CRISIS OF 1990, THE DOT.COM/911 CRISIS OF 2001, THE 2008 MARKET CRASH. EVERY ECONOMIC TSUNAMI HITS BLACK AND BROWN COMMUNITIES IN DISPROPORTIONATE AND DEVASTATING WAYS. PIVOTING AND ADJUSTING TO NEW REALITIES IS THEREFORE SECOND NATURE TO US. WE SERVE A COMMUNITY THAT CANNOT HARNESS AN ARRAY OF RESOURCES, CAPABILITIES, AND INSTITUTIONAL SUPPORTS TO MOVE UP THE ECONOMIC LADDER WITH EASE.