Many communities across the nation face significant economic challenges because of poverty and inequality. Systemic cyclical poverty and income inequality disproportionately impact people of color and could constrain overall economic growth and productivity. Changes in economic structure, global competition, and technical revolution require new and shifted skills for the workforce, which creates significant skill gaps for many low-income and minority individuals, particularly those without college degrees. Significant effort is still needed to allow disadvantaged populations to share the economic growth and prosperity during the economic recovery and foster economic mobility for the next generation.