Examples of asset‐building coalition names •
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Washington Asset Building Coalition Alliance for Economic Security RAISE Texas Maryland CASH Campaign Florida Prosperity Partnership Seattle‐King County Asset Building Collaborative Alameda County Community Asset Network Colorado Community Action Association Fair Credit Foundation Oklahoma Policy Institute Examples of asset‐building coalition mission statements •
Alabama Asset Building Coalition: Promote financial stability for individuals and families by encouraging savings, financial education, and other wealth building programs. The coalition strives to build an economic foundation that will allow the underserved resident to reach their highest potential and strengthen their financial future. •
Alameda County Community Assets Network: To build local capacity to create economic equity in Alameda County by working collectively with our members to develop innovative income and asset‐
building strategies, services, and policies. •
Arizona Assets Alliance: Support the economic empowerment for working families through collaboration, education, and advocacy, therefore dedicated to expanding the number of individuals and families participating in the EITC, financial education, IDA accounts, and other programs aimed at supporting persons with low to moderate income to accumulate assets. •
California Asset Building Coalition: Help state residents exit poverty by advancing innovative state policies and programs that provide broad access to financial tools and incentives. •
Illinois Asset Building Group: Invest in building the stability and strength of communities through increased asset ownership and asset protection. Every person deserves the opportunity to save and build wealth across their lifetime. Through advocacy efforts, we are committed to addressing the growing racial wealth gap and creating safe opportunities for families to save for their future and the future of their children. Types of organizations participating in asset‐building coalitions •
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Community action agencies Community‐based organizations Banks and financial institutions Bank regulators (Fed, FDIC, OCC) Community colleges Congressional staff County and city governments Credit counseling organizations Faith‐based organizations •
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Federal and state government Food banks Foundations Habitat for Humanity Housing authorities/affordable housing orgs IRS representatives Policy think tanks United Ways Workforce Investment Board
1 Examples of asset‐building coalition policy/issue agendas Local asset building coalitions •
Seattle King County Asset Building Collaborative: Access to financial services, financial education, and foreclosure prevention. •
Center for Asset Building Opportunities (Los Angeles): Banking, credit, debt, EITC/VITA •
Financial Stability Partnership of Northern Nevada: Asset limits, payday lending alternatives and rate cap •
YWCA of Metropolitan Dallas: Payday lending, small‐dollar loans, access to financial products •
Partners for Prosperity (Eastern Idaho): Financial education, tax credits, workforce development, small business development/entrepreneurship Local asset building coalitions •
Alabama Asset Building Coalition: Payday lending and title pawn consumer legislation, funding for IDAs, funding for the newly created Housing Trust Fund, the Alabama Self‐Employment Assistance Program. •
Illinois Asset Building Group: Universal children’s savings accounts, retirement savings, asset limit reform, predatory lending, banking the unbanked •
California Asset Building Coalition: Access to quality and affordable financial services, workforce development, access to higher education, affordable housing, remove barriers to saving and strengthen income supports •
Maryland CASH Campaign: Increasing state EITC to 30% of federal, cancel debt from students loans exempt from taxable income, improving the transparency of financial aid award letters, preventing identity theft in foster youth •
RAISE Texas: Matched savings, community tax centers, payday and high cost lending •
Washington Asset Building Coalition: Expanding K‐12 financial education, eliminating expansion of payday lending, eliminating asset requirements for TANF recipients •
Best Montana: Medicaid expansion, financial education, tax credit for charitable IDA contributions, prize‐linked savings, eliminate asset test for TANF 2