here - Assets Hawaii

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Friday – May 13, 2011

Tokai University

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Our Big Question #1

A Network Approach

To Asset Building?

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3 Properties Of Competent Communities

The Abundant Community – John McKnight & Peter Block

 Gift-Mindedness – the raw material for community; focus on the gifts of community members.

 Associational Life – relationships, the process through which gifts are exchanged.

 Hospitality – that which widens our inventory of gifts; offer hospitality, welcome strangers.

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Positive Deviance – Building From Our Gifts

E very community, organization, or social group has individuals whose exceptional behaviors or practices enable them to get better results than their neighbors with the exact same resources.

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The Power Of Networks

 Mission focus on mission, not the organization.

 Trust – focus on trust, not control.

 Node focus on being a node, not on being the hub with partners as spokes.

Source for Network Graphic: orgnet.com

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Strengthening Networks . . .

Nurture quality connections so projects can be high risk & high impact

Bridge difference . Connect people and ideas that normally don’t go together

Support overlapping projects or collaborations , many very small, initiated by many

Map the network in order to visualize structure , diagnose strengths and weaknesses, and identify strategies for growing the network

Grow and engage periphery to bring in new resources and innovation

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Source: Adapted from June Holley, www.networkweaving.com

. Source for Network Graphic: orgnet.com

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Example – Children’s Savings Initiative

27,000 Hawai‘i Island Children

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Example – Children’s Savings Initiative

27,000 Hawai‘i Island Children

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Children’s Savings Initiative

27,000 Hawai‘i Island Children

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Our Big Question #2

Asset Building – For

Hawai‘i & Hawai‘i

Families? More Than

Just Financial?

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Our Value Proposition – Asset Building

Assets are essential to:

 have financial security against difficult times – the

dignity of choice and control;

 create economic opportunities for oneself and family

– realize human potential through education and entrepreneurship ; and

 leave a legacy for future generations to have a better life – realistically reduce the cycle of poverty.

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Self Sufficiency

=

Choice & Control

“ Those who are self-sufficient have control and choice over their lives.

Having and keeping control and choice requires an accumulation of a critical mass of social and economic assets, which provide stability and access to opportunities .”

Maurice Lim Miller

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Hawai‘i’s Asset Building Framework

 Make Work Pay (EITC, tax policies)

 Teach Asset Building (broad public awareness, schools, workplaces)

 Break Down Barriers to Asset Building (asset limits, predatory lending, insurance)

 Help People Save (IDAs, children savings accounts, retirement, education)

 Help People Start and Own Businesses

(microenterprise, community lending, training)

 Help People Buy Homes (government matches and grants, employee assistance)

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Ho‘owaiwai Hawai‘i Island

Building Genuine Wealth

June, 2011

County of Hawai‘i, Department of Research & Development

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Oikonomia – ‘Ohana Economics

Access to Learning Opportunities

Increase Earning

Opportunities

Increase Family

Assets

Manage Household Expenses &

Reduce Debt/ Risk

Steady Income + Reduce Expense = Opportunity to Increase Assets

Assets = Financial Security, Economic Opportunity, and Future Legacy

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Ho‘owaiwai Hawai‘i Island

Policy Action Areas

Earn It Strategies . . .

 Financial Education, Planning, &

Management

 VITA & EITC

 Living Wage Jobs

 Anchor Institutions

Keep It Strategies . . .

 Financial Services

 Matched Savings

 Consumer Protection

 Access To Transportation Options &

TOD Opportunities

 Access To Healthy, Local Food

Sources

 Increased Energy Efficiency

Grow It Strategies . . .

 Affordable Home Ownership &

Rental Options

 Community-Based Investment

Models

 CBED, Asset Building, & Regional

Community Development Planning

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Ho‘owaiwai Hawai‘i Island

Implementation Approach

Embedding Asset Building In Local Government . . .

 Cities for Financial Empowerment

 Involvement, Understanding, & Commitment From All County

Agencies

A Network Approach . . .

Communities are built on connections.

Better connections usually provide better opportunities.

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