Community Development Corporations (CDCs)
Foundation Communities
Foundation Communities was created in 1990 with a focus on empowering low-income families and individuals, and has become a national leader in the asset-building movement. They own 14 affordable housing communities valued at over $67 million that provide apartments and duplexes to over 2,000 low-income families. They employ a "service-enriched" housing model, which means that they focus on ending the cycle of poverty through housing and on-site service centers, providing programs such as financial literacy and education. Read more about Foundation Communities...
Individual Wealth Building
Capital Area Asset Building
Founded in 1996, this organization successfully lobbied the government of the District of Columbia to pass an IDA program. In 2004, it received its first DC grant of $200,000 to begin offering matched savings grants to income-qualified participants. In May 2009, CAAB was awarded $40,000 from Citi Foundation to expand its financial education classes.
Read more about Capital Area Asset Building...Community Action Project of Tulsa
Founded in 1973, the Community Action Project of Tulsa has been a national leader in asset-based efforts. Through its Earned Income Tax Credit (EITC) Campaign and free tax preparation services, CAP served more than 17,000 clients during the 2008 tax season, resulting in almost $25 million in tax refunds. CAP was also one of thirteen national sites of the American Dream Demonstration project, which tested the viability of Individual Development Accounts on a national scale. Read more about Community Action Project of Tulsa...
Covenant Community Capital
A nonprofit focused on increasing the capacity of low-income communities to develop affordable housing, grow business enterprise and build family and community assets, Covenant Community Capital launched its "Smart Savers Program" in 2001 in partnership with the United Way of the Texas Gulf Coast. Initially funded by a grant from the federal government, the partnership has expanded to include the City of Houston, the Houston Credit Coalition, several private banks, and a network of other community partners. Read more about Covenant Community Capital...
EARN
Since 2001,EARN has helped tens of thousands of low-wage families in the San Francisco Bay Area through matched savings accounts, checking accounts for the unbanked, and financial coaching. The EARN Research Institute evaluates the impact of EARN’s work and publishes original data, sharing lessons learned and best practices. EARN offers two types of accounts: IDA (Individual Development Account) that allows participants to save $2,000 and receive $4,000 in matched money and SAFE (Savings Account for Education) that allows participants to save $500 and receive $1,500 in match. Read more about EARN...
Grand Rapids Opportunities for Women
Founded in 1989, GROW is a non-profit organization dedicated to assisting women in the Grand Rapids region start up their own businesses. Among their many programs is an IDA program, which matches savings on at least a 1:1 basis. All IDA program participants must also attend financial literacy classes. Read more about Grand Rapids Opportunities for Women...
Individual Wealth Building
Capital Area Asset Building
Founded in 1996, this organization successfully lobbied the government of the District of Columbia to pass an IDA program. In 2004, it received its first DC grant of $200,000 to begin offering matched savings grants to income-qualified participants. In May 2009, CAAB was awarded $40,000 from Citi Foundation to expand its financial education classes.
Read more about Capital Area Asset Building...Community Action Project of Tulsa
Founded in 1973, the Community Action Project of Tulsa has been a national leader in asset-based efforts. Through its Earned Income Tax Credit (EITC) Campaign and free tax preparation services, CAP served more than 17,000 clients during the 2008 tax season, resulting in almost $25 million in tax refunds. CAP was also one of thirteen national sites of the American Dream Demonstration project, which tested the viability of Individual Development Accounts on a national scale. Read more about Community Action Project of Tulsa...
Covenant Community Capital
A nonprofit focused on increasing the capacity of low-income communities to develop affordable housing, grow business enterprise and build family and community assets, Covenant Community Capital launched its "Smart Savers Program" in 2001 in partnership with the United Way of the Texas Gulf Coast. Initially funded by a grant from the federal government, the partnership has expanded to include the City of Houston, the Houston Credit Coalition, several private banks, and a network of other community partners. Read more about Covenant Community Capital...
EARN
Since 2001,EARN has helped tens of thousands of low-wage families in the San Francisco Bay Area through matched savings accounts, checking accounts for the unbanked, and financial coaching. The EARN Research Institute evaluates the impact of EARN’s work and publishes original data, sharing lessons learned and best practices. EARN offers two types of accounts: IDA (Individual Development Account) that allows participants to save $2,000 and receive $4,000 in matched money and SAFE (Savings Account for Education) that allows participants to save $500 and receive $1,500 in match. Read more about EARN...
Grand Rapids Opportunities for Women
Founded in 1989, GROW is a non-profit organization dedicated to assisting women in the Grand Rapids region start up their own businesses. Among their many programs is an IDA program, which matches savings on at least a 1:1 basis. All IDA program participants must also attend financial literacy classes. Read more about Grand Rapids Opportunities for Women...
Community Development Corporations (CDCs)
Foundation Communities
Foundation Communities was created in 1990 with a focus on empowering low-income families and individuals, and has become a national leader in the asset-building movement. They own 14 affordable housing communities valued at over $67 million that provide apartments and duplexes to over 2,000 low-income families. They employ a "service-enriched" housing model, which means that they focus on ending the cycle of poverty through housing and on-site service centers, providing programs such as financial literacy and education. Read more about Foundation Communities...