Locked Out of Wealth

For many Black and Brown homeowners, their dream of homeownership disintegrates into a uniquely American nightmare designed to extract wealth and lock them out of economic mobility. Attorney Rachel Gallegos and Councilmember Katherine Gilmore Richardson join us to discuss racial disparities in homeownership, the bureaucratic saga that unfolds when homeowners pass away, and changes needed to preserve Black and Brown intergenerational wealth. Councilmember Gilmore Richardson also shares her own family’s struggle to untangle their titles and save their family homes. Guests: Rachel Gallegos (@RKG80) is a Senior Staff Attorney in the Homeownership and Consumer Rights Unit at Community Legal Services of Philadelphia. Prior to joining CLS, Ms. Gallegos was a law clerk to the Honorable John T. McNeill, III, in the Camden County Superior Court and the Honorable Annette M. Rizzo (Ret.) in the Philadelphia Court of Common Pleas. Katherine Gilmore Richardson (@CouncilwomanKGR) is serving her first term as Councilmember At-Large for the City of Philadelphia. She is the youngest woman ever elected citywide and the youngest African American woman ever elected to the Philadelphia City Council. Councilmember Gilmore Richardson successfully championed legislation to require funeral homes to provide a guide to heirs so they understand their rights and how to keep their family home.