Following the Civil War, slaves were freed with hopes of obtaining “forty acres and a mule.” While these dreams were not fulfilled, the Southern Homestead Act provided some former slaves the opportunity to achieve land ownership. However, little is known about the SHA’s effect on those first black homesteaders. While economic inequality is often viewed as insurmountable, the past offers valuable examples of policies that could potentially reduce inequality. Understanding what did or did not influence economic inequality historically can guide policies today.