Governor Phil Murphy

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Wealth Disparity Task Force

“We cannot have a stronger and fairer New Jersey without examining the causes of our wealth gaps and without establishing strategies to combat this long-standing problem. I look forward to working with the Wealth Disparity Task Force and continuing our Administration’s efforts to create an economy that works for every New Jerseyan.” – Governor Phil Murphy. Press Release September 14, 2021.

Fulfilling a key commitment from his 2020 State of the State address, Governor Murphy established the Wealth Disparity Task Force to examine the causes of and remedies for the long-standing wealth disparities that affect Black and Hispanic or Latino New Jerseyans. Executive Order 262.

The COVID-19 pandemic, which delayed the formation of the Wealth Disparity Task Force, shed light on long-standing inequities that have plagued our state. Historically underserved communities, particularly communities of color, were among the hardest hit by the health and economic toll of the pandemic. Rebuilding toward a stronger New Jersey includes targeted investments aimed at addressing the underlying inequities which were exacerbated by the pandemic.

To develop actionable solutions in the areas of health, housing, education, criminal justice, and the economy, the Wealth Disparity Task Force aims to ensure that all New Jerseyans are leaving behind more than memories to the next generation.

The Wealth Disparity Task Force is co-chaired by Lieutenant Governor and Commissioner of the Department of Community Affairs, Sheila Y. Oliver, Department of Banking and Insurance Commissioner Marlene Caride, Rutgers University President Dr. Jonathan Holloway, and Retired Council of New Jersey Grantmakers President and CEO Maria Vizcarrondo.

Robert Asaro-Angelo
Commissioner

New Jersey Department of Labor and Workforce Development

Dr. Kaitlan Baston
Commissioner

New Jersey Department of Health

Dr. Brian Bridges
Secretary

New Jersey Office of Higher Education

Michellene Davis, Esq.
President & CEO

National Medical Fellowships

Reverend Eric Dobson
Deputy Director

Fair Share Housing Center

Reverend Bolivar Flores
Pastoral Outreach Director

New Jersey Reentry Corporation

Dr. Diane Hill
Assistant Chancellor
University-Community Partnerships

Rutgers University-Newark

Sundeep Iyer
Director Division of Civil Rights

Office Attorney General

Raymond L. Lamboy
President & CEO

Latin American Economic Development AssociationInc.

Hon. Jeannine Frisby LaRue
Senior Vice President

Kaufman Zita Group

Brandon McKoy
President

The Fund for New Jersey

Gary Melton
Manager, Human & Civil Rights, Equity and Governance

New Jersey Education Association

Liz Muoio
Treasurer

State of New Jersey

Matt Platkin
Attorney General

State of New Jersey

Cuqui Rivera
Policy & Programs Manager

Latino Action Network Foundation

Dr. Jubril Oyeyemi
Medical Director

Care Management InitiativesCamden Coalition

Tim Sullivan
CEO

New Jersey Economic Development Authority

Carlos Valentin Jr.
Executive Director

ASPIRA Inc.of New Jersey

Cid Wilson
President & CEO

Hispanic Association on Corporate Responsibility

ICYMI: New Jersey Career Accelerator Internship Grant Program Strengthens Equity, Supports Nearly 580 Paid Internships for College Students and Recent Graduates

07/25/2024

$2.4 Million Awarded to 133 New Jersey-Based Employers for Summer 2024 Cohort

ICYMI: New Jersey Career Accelerator Internship Grant Program Strengthens Equity, Supports Nearly 580 Paid Internships for College Students and Recent Graduates

07/25/2024

$2.4 Million Awarded to 133 New Jersey-Based Employers for Summer 2024 Cohort

Governor Murphy Signs "Louisa Carman Medical Debt Relief Act”

07/22/2024

The Louisa Carman Medical Debt Relief Act which will help New Jersey families avoid falling into medical debt and protect individuals from predatory medical debt collectors.

ICYMI: New Jersey Now Offering Students Free One-on-One FAFSA Completion Consultations

07/22/2024

These private consultations will complement the other ongoing free FAFSA supports provided by HESAA, which include in-person workshops at community sites and online webinars in both English and Spanish.

Governor Murphy Signs Bill to Establish Menstrual Hygiene and Diaper Benefit Programs

06/28/2024

Department of Human Services to Receive $2.5 Million Appropriation to Administer Essential Benefits

Governor Murphy Launches Historic Clemency Initiative

06/19/2024

Executive Order No. 362 includes Standards for Expedited Consideration and Establishes Advisory Board to Provide Objective Review of Pardons and Commutations

Governor Murphy’s Proposed Fiscal Year 2025 Budget Continues Investments that Further Advance the Work to Address Wealth Disparity

02/27/2024

Highlights from the FY2025 Budget Proposal:

  • Expands Pre-K
  • Increases the Child Tax Credit
  • Reduces Barriers to Educational AccessIncreases access to affordable housing and homeownership for first-generation and first-time homebuyers
  • Supports an equitable response to the needs of the transit system
  • Expands Access to Life-Saving Prescription Medication
  • Invests in a Sickle Cell Disease Pilot Program
  • Addresses Child Hunger
  • Increases Access to Capital
  • Supports Community-Led Crisis Response
  • Advances the Equitable Access and Responsible Use of GenAI
The Murphy Administration Releases the State’s Most Comprehensive Statewide Public Contracting Disparity Study

01/23/2024

Building on his vision for the Next New Jersey, Governor Phil Murphy, joined by New Jersey Civil Service Commission (CSC) Acting Chair and CEO Allison Chris Myers, signed Executive Order No. 327 expanding job opportunities for New Jerseyans by prioritizing skills and work experience over college degree requirements for certain State employment opportunities.

Governor Murphy's Proposed Fiscal Year 2024 Budget Includes Investments to Address the Work of the Wealth Disparity Task Force

02/28/2023

"This budget includes several proposals derived from the work of the Wealth Disparity Task Force, which was established by Executive Order No. 262." These initiatives, as highlighted in the Fiscal Year 2024 Budget in Brief, include:

  • Increasing Access to Homeownership
  • Reducing Medical Debt
  • Increasing Access to Capital
  • Aligning Fees with the Guarantees Offered by the Justice System
  • Reducing Barriers to Educational Access
Governor Murphy Signs Executive Order Establishing Equity and Sustainability Advisory Council to Develop Policy for State Workforce

02/21/2023

To expand on this Administration’s efforts to promote diversity, equity, inclusion, and belonging in New Jersey’s State workforce, Governor Phil Murphy today signed Executive Order No. 319, which establishes an Equity and Sustainability Advisory Council and requires each of the principal Cabinet departments to designate a senior-level employee to perform the functions of Chief Diversity Officer and serve as a liaison to the Council. The Governor announced the signing of the Executive Order at his and First Lady Tammy Murphy’s annual Black History Month Celebration at Drumthwacket surrounded by prominent community and faith leaders, state legislators, and activists.

Governor Murphy Announces Appointment of Jayné Johnson as Director of the Office of Diversity, Equity, Inclusion, and Belonging

09/28/2021

This new internal office, led by Jayné Johnson, aims to dismantle inequity within State government based on race, ethnicity, and other protected characteristics and to expand opportunities for communities of color and other underserved New Jerseyans.