Libby Palackdharry named Crain’s “40 under 40”

September 29th, 2017
"There's a huge racial disparity in wealth in America. On average, white households have 11 times the wealth of African American households." — Libby Palackdharry (Photo by Jacob Lewkow for Crain's )

LIBBY PALACKDHARRY, 33,

Senior Director, Financial Stability Programs and Operations, Southwest Solutions 

/ By Allison Torres Burtka, Crain’s Detroit Business /

In Detroit, it’s difficult to get a mortgage — most home sales are in cash. Sixty-six percent of Detroit residents have subprime or no credit, and “accessing capital is a major barrier,” said Libby Palackdharry. But she and her team are working to change that.

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