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Vimbai Chikomo News

Houston Mayor unveils $50 billion plan to prep city for future disasters
By Vimbai Chikomo

After a series of natural disasters that wreaked havoc on the city of Houston, Mayor Sylvester Turner has released a resiliency report to help the city prepare for future disasters.

Poverty

Child poverty rates in U.S. have fallen to lowest ever, studies show
By Vimbai Chikomo

Despite headlines fueling claims of an alarming rate of child poverty in the U.S., a recent analysis of data shows there has been a drastic decline over the last five decades and that the current numbers reveal the lowest child poverty rates in the nation’s history.

Economic Mobility

Data shows other edge of the minimum-wage sword
By Vimbai Chikomo

While rising wages across the board may seem to many to be a byproduct of increasing the minimum wage, some experts suggest a booming economy and labor market may have more to do with it.

Poverty

Report: More than 18 percent of San Antonio residents lived in poverty in 2018
By Vimbai Chikomo

A recent report released by San Antonio shows that more than 18 percent of city residents lived in poverty in 2018.

Poverty

Report: 25 percent of renters across the nation spend more than half their income on rent in 2018
By Vimbai Chikomo

One in four tenants spent more than half of their income on rent in 2018, according to a recent report by the Joint Center for Housing Studies of Harvard University. This works out to be 10.9 million renters, with 6 million considered cost-burdened in 2018 than they were in 2001.

Urban Community

Opportunity Zones projected to invest $100 billion into underserved communities
By Vimbai Chikomo

President Trump is creating a new channel to funnel additional resources into underserved communities through the 2017 Tax Cuts and Jobs Act’s Opportunity Zones provision, which ushers in a range of tax cuts to catalyze job growth in poor communities.