FOR IMMEDIATE RELEASE
Contact: Rebecca Vandall
Washington, DC – April 4, 2022: April is Fair Housing Month. In recognition, The American College of Trust and Estate Counsel (ACTEC) shares an enlightening video discussion, "Fair" Housing and Opportunity Hoarding, with author and Georgetown Law Professor, Dr. Sheryll Cashin.
Professor Cashin debunks the myths of fair housing policy in America and presents compelling information on the historical impact of systemic racism in housing and lending policies in the latest video in ACTEC's Planning for a Diverse and Equitable Future series.
Host and ACTEC Fellow Terrence M. Franklin discusses Professor Cashin's book White Space, Black Hood: Opportunity Hoarding and Segregation in the Age of Inequality. One topic of conversation is the federal governments' role in classifying Black neighborhoods in the 1930s as hazardous, which contributed significantly to the wealth gap by eliminating accessibility to mortgages and cutting Black communities out of generational wealth opportunities through homeownership. Of particular concern is the government's engagement in discriminatory practices on numerous levels, compounding the effects on infrastructure, schools and communities, while escalating the myth that quality housing is earned and "hood" living is a result of bad behavior.
"We appreciate Professor Cashin's sharing the insights from her well-researched book and giving our audience an opportunity to understand these issues better. This knowledge may reframe what wealth management professionals understand and help address residential segregation in this country," said host Terrence M. Franklin.
Watch "Fair" Housing and Opportunity Hoarding to learn more about this topic. For further information about ACTEC's Planning for a Diverse and Equitable Future series, please visit actec.org/diversity.
About The American College of Trust and Estate Counsel (ACTEC): Established in 1949, The American College of Trust and Estate Counsel (ACTEC) is a national, nonprofit association of approximately 2,400 lawyers and law professors from throughout the United States and abroad. ACTEC members (Fellows) are peer-elected on the basis of professional reputation and expertise in the preparation of wills and trusts, estate planning, probate, trust administration and related practice areas. The College's mission includes the improvement and reform of probate, trust and tax laws and procedures and professional practice standards. ACTEC frequently offers technical comments with regard to legislation and regulations but does not take positions on matters of policy or political objectives.
About The ACTEC Foundation: The ACTEC Foundation is the philanthropic arm of The American College of Trust and Estate Counsel or ACTEC. The Foundation is a nonprofit, 501(c)(3) that offers education to families and professionals and supports students interested in the trust and estate area of the law. Through continued financial support, The ACTEC Foundation offers professional development, scholarships and education for a number of important efforts, including legal education, educational support, public initiatives, legal publications and the student editorial board.
# # #