economic inequality, however, fueled some of the most harmful lending practices in the housing market, allowing financial institutions to engage in discriminatory and predatory lending that accelerated the financial collapse. Commissioned by the American Civil Liberties Union and drawing on a unique dataset, this report examines the likely effect of the financial crisis on the racial wealth gap for the next generation. What it uncovers is a tale of two recoveries: among families that owned homes, white households have started to rebound from the worst effects of the Great Recession while black households are still struggling to make up lost ground. The racial wealth gap is now on track to compound over time, a trend with urgent implications for the future of racial justice in America, and one that should inform policymaking strategies aimed at guaranteeing fair economic opportunities in the coming years. By 2031, white wealth is forecast to be 31 percent below what it would have been without the Great Recession, while black wealth is down almost 40 percent. For a typical black family, median wealth in 2031 will be almost $98,000 lower than it would have been without the Great Recession. Without policy actions to remedy it, the racial wealth gap will be significantly greater in the next generation because of the differential impact of the Great Recession. Other Thematic Reports Retail and Opportunity Connecting Youth and Strengthening Communities Tales of Two Americas 29 Reasons for Optimism A Century Apart Goals for the Common Good State of the Congress 2013 Women's Well Being See also Indices Gender-related Development Index Genuine Progress Indicator (GPI) Human Development Index (HDI) Millennium Development Goals (MDGs) Money-rich, time-poor OECD Better Life Index BLI Other Human Development and Capability Association List of U.S. states by American Human Development Index Disconnected youth References External links Measure of America The Measure of America, 2010-2011: Mapping Risks and Resilience A Portrait of Mississippi 2009 A Portrait of Louisiana 2009 A Portrait of California 2011 Social Science Research Council External tools Measure of America Interactive Maps - Measure of America's acclaimed interactive maps allow visitors to explore over 100 indicators of well-being for different population groups and levels of geography across the United States. Map, compare, and download data for free. Philanthropy In/Sight - Through Philanthropy In/Sight the nation’s leading authority on philanthropy, the Foundation Center, overlays data from The Measure of America onto an extensive database