Issue II: Retirement Security

Retirement Security: We must plan for tomorrow, so our families can live for today.

This second of three issue briefs, “Retirement Security: We must plan for tomorrow, so our families can live for today“. Authored by Gabriela Sandoval, the Insight Center’s Director of Research and Chief Economic Security Officer, this second installment brings several opportunities together to examine the significance of identifying and promoting safe, accessible and portable retirement savings platforms, programs and products. Now is the time to make retirement security a reality for all Americans.

Retirement security—or, the ability to make ends meet as a retired older adult—is becoming less and less attainable. Over the last 50 years, we’ve seen our nation’s promise broken. America’s promise offers a world where something better awaits the next generation, yet far too many ordinary middle and working class families, committed to provide a good life for their children, are still handed dwindling paychecks and made to pay more each day for the basics. American families were just following the rules for success: go to school, work hard, save, and prosperity will be your reward. The most ordinary things—a layoff, injury, illness or divorce— suddenly mean an end to the life they created, the security they were promised for working so hard.

Read and download the full issue brief here.

2017 Annual Report + Newsletters

Newsletters

12/20/2017 – December Newsletter

11/30/2017 – November Newsletter

10/31/2017 – October Newsletter

09/29-17 – September Newsletter

09/05/17 – August Newsletter

07/31/17 – July Newsletter

06/30/17 – June Newsletter

05/31/17 – May Newsletter

05/08/17 – April Newsletter

03/31/17 – March Newsletter

03/02/17 – February Newsletter

02/02/17 – January Newsletter

Issue I: Retirement Security

Retirement Security: We must plan for tomorrow, so our families can live for today.

This first of three issue briefs, “Retirement Security: We must plan for tomorrow, so our families can live for today“. Authored by Gabriela Sandoval, the Insight Center’s Director of Research and Chief Economic Security Officer, this first installment looks at the changing nature of work and retirement, and the intergenerational struggle to make ends meet through parents’ and grandparents’ golden years.

Retirement security—or, the ability to make ends meet as a retired older adult—is becoming less and less attainable. Over the last 50 years, we’ve seen our nation’s promise broken. America’s promise offers a world where something better awaits the next generation, yet far too many ordinary middle and working class families, committed to provide a good life for their children, are still handed dwindling paychecks and made to pay more each day for the basics. American families were just following the rules for success: go to school, work hard, save, and prosperity will be your reward. The most ordinary things—a layoff, injury, illness or divorce— suddenly mean an end to the life they created, the security they were promised for working so hard.

Read and download the full issue brief here.

Richmond opens the door to economic opportunity and security

The report, entitled, “Richmond Opens the Door to Economic Opportunity and Security” was authored by Sharon Cornu, a leading East Bay public policy expert and senior consultant at the Center. According to the report, expanding prospects for economic opportunity and security in Richmond (and comparable communities) are largely a product of decisions by policy makers, improved employer practices, and voluntary agreements.

The report provides an in depth look at UC Berkeley’s plan to build its Berkeley Global Campus (BGC) at Richmond Bay. The Global Campus projects a bold vision to transform the city’s south shoreline into a mix of diverse high-intensity light industrial, commercial, and residential uses.

But, how does the city attract business on the right terms? The report dives into solutions that new businesses need to provide for Richmond’s underserved and unemployed population, mostly made up of boys and men of color.

The study also includes a landscape scan by Mahvish Jafri titled Anchor Institutions and Innovation: A Landscape Scan. The scan profiles six educational institutions from across the country that serve as community “anchors.” These institutions have a great economic impact on the communities surrounding their campuses; all examples serve as evidence of the potential impact of bringing the BGC to the city of Richmond.

Read and download the full report here.

REPORT: Contracting for Racial Equity

Contracting for Equity

Best Local Government Practices that Advance Racial Equity in Government Contracting and Procurement

The Government Alliance on Race and Equity (GARE) joined forces with the Insight Center for Community Economic Development and author Tim Lohrentz to produce a hands-on issue paper on a topic familiar across governmental jurisdictions, contracting and procurement. Local governments procure and contract for a variety of things – from complex construction or architectural services to supplies, all of which help to keep government running.

To read and download the full report, click here.

Susan Smith

Susan Smith is a Project Manager for the City of San Francisco Controller’s Office in its City Performance Unit, providing high level consulting services, technical assistance and analysis to various City departmental leaders and the Mayor’s Office in an effort to improve the effectiveness and efficiency of public services.

Prior to her work with the City of San Francisco, Susan was Managing Director at the Insight Center for Community Economic Development, where she oversaw the Insight Center’s national and statewide efforts to develop innovative policies and new initiatives to help vulnerable communities become and remain economically secure.  Susan represented the Insight Center on a range of economic security-related policies and programs, including: testifying at public hearing and writing public comments; identifying, building and sustaining new partnerships, speaking to the press; organizing networks, conducting trainings and presentations; and writing reports.  Over nearly a decade with the Insight Center, Susan identified new opportunities to deepen the organization’s impact, and strategically expanded its geographic reach by developing and managing the implementation of four new initiatives.

Susan has worked to achieve economic justice for nearly two decades. Prior to joining the Insight Center, Susan directed an asset development program for low-income refugees at Lao Family Community Development. She contested public assistance case closings and benefits allocations as an advocate at the Urban Justice Center in New York City. And, early in her career, Susan was competitively selected to participate in a management training program in municipal government, New York City Urban Fellows Program, where she analyzed the impacts of new policies on tax collection and housing rehabilitation for the New York City Department of Housing, Preservation and Development.

Susan graduated Phi Beta Kappa from Vassar College, and received an MPA in Public Policy from Princeton University’s Woodrow Wilson School of Public and International Affairs.

Roberto E. Barragan

As the Senior Managing Director of Manhattan West Asset Management, a $300 million private wealth management firm, Roberto Barragan is responsible for establishing a $50 million equity fund to originate, fund and manage small business loans made to women and minority owned small businesses in low and moderate income communities nationally.

Prior to that, from 199 to 2016, Mr. Barragan was the President of VEDC (Valley Economic Development Center), a Los Angeles based non-profit organization in Los Angeles, managing a $11 million budget with 80 employees in 8 offices throughout the country. VEDC served over 3,000 businesses yearly with financing, training and direct business assistance. Roberto led VEDC to build $60 million in assets with a small business loan portfolio of $35 million.

He led VEDC to national prominence as a highly regarded Community Development Financial Institution originating $25 million annually in small business loans. The VEDC lent almost $100 million to women and minority business owners in the last 10 years, and launched numerous loan programs including Business Opportunity Funds in Chicago, Miami, Las Vegas and New York, the National African American Small Business Loan Fund and the National Micro Finance Fund among others. His commitment to diverse communities is evidenced by the $13 million VEDC lent to the African American communities and $35 million lent to Latino business in the last 10 years. 

Mr. Barragan is the founder of the Golden State Certified Development Corporation, a local SBA 504 lender. In 2005, he founded the Pacoima Development Federal Credit Union by raising $2 million in deposits, $500,000 in capital and securing a federal charter from the National Credit Union Association. Over the last 6 years, Mr. Barragan has raised over $100 million in federal, state and local as well as private resources for small and medium sized business development.

Mr. Barragan is a nationally recognized expert on community loan funds and microlending, and is a regular lecturer and media expert on these subjects. He serves as the Vice Chair of the Federal Reserve Bank’s Community Advisory Council.

Monica Gonzales

Monica is an experienced strategist with over 15 years of experience in the public, non-profit, and private sectors. She is a skilled communicator and strategic thinker providing client services focused on strategies and solutions that specifically meet their needs and advance their goals. She established Vista Strategies on the principle of being transformational vs. transactional.

Prior to founding Vista Strategies, LLC, Monica directed AARP’s Office of Public Outreach where she oversaw a multi-million-dollar external giving program and managed AARP’s relationships with national stakeholders. During her tenure at AARP, she launched the AARP CEO Salon Series, a thought leader initiative that brought together over 70 leaders from the national media, the hill, think-tanks, non-profit and industry leaders to engage in a dialogue.

She is adept at managing complex issues and working collaboratively with stakeholders to influence the national conversation and pursue solutions outside of the regulatory and legislative process. Monica has received recognition for successfully leading national initiatives; she is the recipient of the Secretary of the Army Public Service Award and the Federal Bronze Medal for outstanding service for the successful negotiation of the National Headwaters Forest. She was detailed the White House under the Clinton Administration to serve on the Presidents Council for Sustainable Development managing the work of the Population and Consumption Task Force, and was an agency representative on the Federal Interagency working Group for Environmental Justice.

Monica grew up in Santa Fe Springs, California, has a bachelor’s degree from Pepperdine University, is a Nationals fan and enjoys spending time with her family at Nat’s games.

Josephine Pradia Rhymes

Josephine Pradia Rhymes is Executive Director of Tri-County Workforce Alliance (TCWA) since its implementation in 1996. TCWA helps bring economic and community development to a three-county region (Coahoma, Bolivar, Quitman) of the Mississippi Delta.

Josephine is also Program Director of Youth Leadership Clarksdale, a program she helped to conceive 18 years ago. She taught for many years at both the high school and community college levels and was selected for Who’s Who Among American Teachers in 1990. In 1992 Josephine received the NAACP’s Education Award and was selected Citizen of the Year for Clarksdale/Coahoma County in 1999.

Josephine’s community involvement is extensive, including current service on the District Workforce Council, Mississippi State and Regional Advisory Committees for the Southern Rural Black Women’s Initiative (SRBWI), the Clarksdale/Coahoma County Chamber of Commerce (past President), the Executive Committee of the Clarksdale/Coahoma County Industrial Foundation, Mississippi State Sector Strategy Team, and is a member of the National Network of Sector Partners Advisory Board.

Josephine received her Bachelor’s degree from Southern University and A&M College and her Master’s of Education from University of Mississippi.

Antonio Manning

Antonio Manning is Vice President and Senior Relationship Manager for JPMorgan Chase Global Philanthropy. In this position, Antonio manages philanthropic and corporate responsibility for Greater Los Angeles. Previously, Antonio served as First Vice President and Regional Grants Manager in Washington Mutual’s Community and External Affairs Division. In this capacity, he managed community relations and company corporate contributions in affordable housing, community development and K-12 education for California.

Manning joined Washington Mutual in 2000. Prior to this, he served as the Western Regional Director of the Fannie Mae Foundation for an 11-state region and spent four years on the program staff of the James Irvine Foundation.

Manning is an active member of the community. He is a founding member of Southern California Blacks in Philanthropy, a membership organization comprised of corporate and philanthropic executives. His other board affiliations include Affordable Living for the Aging, California Asian Pacific Chamber of Commerce, Coalition for Responsible Community Development, Heritage Homeownership Partners, Los Angeles Business Council and Institute and the Los Angeles Conservation Corps. Additionally, Antonio serves on the Advisory Board for the USC Center on Philanthropy and Public Policy, LISC – Los Angeles, and Enterprise Community Partners and the Business Take Force on Homelessness. Antonio recently served as a mayoral appointment to the Los Angeles Homeless Services Authority.

Antonio is a Los Angeles native and attended the University of Southern California.