Closing the Racial Wealth Gap through Neighborhood Wealth-Building and Revitalization
Carla C. Whitlock
City of Atlanta — Office of the Chief Policy Officer
CARLA C. WHITLOCK is a risk management professional, with expertise in regulatory governance, credit risk and non-profit management. During her financial services career, she led initiatives and managed portfolios in corporate banking and enterprise risk. Most recently, she provided social impact consulting services for non-profits. A graduate of Tuskegee University and Wake Forest University, she currently serves as Board Secretary at Tuskegee and holds leadership roles in several civic and faith based organizations.
Project
Atlanta is addressing significant wealth disparities through a comprehensive neighborhood wealth-building strategy to support economic inclusion and protect legacy residents during revitalization efforts. This initiative focuses on ensuring equitable benefits from community investments, particularly in historically underserved areas where White households hold median wealth levels of $238,000 compared to just $5,000 for Black households. By developing targeted strategies and implementing a “Main Street” economic initiative along commercial corridors, Atlanta aims to create pathways to prosperity and strengthen community resilience in underserved neighborhoods.