Prosperity Broward effectively engages municipal leaders, funders, educational institutions, social service and faith-based organizations, business leaders, and residents to make a bold commitment to collaboration and coordination to create system changes to overcome decades of structural racism and lack of equal opportunities and resources in the economic-challenged communities.
In 2016, JP Morgan Chase funded a workforce skills gap analysis for the Greater Fort Lauderdale Alliance, Broward County’s public/private economic development organization. A key finding of the study showed the discrepancy between historically low unemployment across Broward below 5% and some areas with rates 10% or higher.
These zip codes 33311, 33313, 33319, 33069, 33023, 33309 represents 12 of Broward’s 31 municipalities. These areas, due to ongoing structural racism and racial residential segregation also have median income levels that are lower than the county average ($30,000 vs $53,000).
The median household income in the six zip codes is $30,000 compared to the county median of $53,000. While the post secondary educational attainment rate for the county is 43.9% for adults 25-64 years old, the average is 27% in the six zip codes, and the under-18 poverty rate ranges from 20.1% to 47.3%.
Additionally, these zip codes have a history of racial disparities and inequalities going back decades, with transportation, home ownership and other challenges creating generational cycles of poverty. 65% of the residents in the zip codes are black and 14% are Hispanic, making up 79% of the residents.
Promote system change practices among our community partners.
Advocate for policies designed to advance distressed communities.
Convene cross-sector groups through diverse Prosperity Broward events that lead to innovative collaborations and partnerships.
Our Data Working Group conducted a detailed analysis of our local communities, which identified mothers from Lauderdale Lakes as the segment of our population experiencing the highest level of disparities. These residents will serve as co-researchers of our pilot project and will have a seat at the table with business and nonprofit leaders to design transformational solutions and best practices.
After the co-research process, systemic changes and new policies will be introduced and adopted, along with a roadmap to help and empower other communities to dismantle their barrier to economic mobility. We anticipate that at least 5% of mothers living in our pilot city will have a pathway out of poverty.
Our supporting partners are the Federal Reserve Bank of Atlanta, Broward College, OIC of South Florida, Children Service's Council, United Way of Broward County, CareerSource Broward, Urban League of Broward, City of Lauderdale Lakes, Broward Technical Colleges, 211 Broward, and the Early Learning Coalition of Broward.
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Greater Fort Lauderdale Alliance Foundation