Asset Building Programs


More than a quarter of Americans are without assets– living paycheck to paycheck without savings or investments in equity like a home or small business. Evidence shows that with training and incentives, even the lowest income Americans can break this cycle and begin saving and planning for a better future.

Asset development:
1. Promotes financial literacy, saving and access to mainstream banking
2. Promotes Earned Income Tax Credit (EITC) and other benefits claims and access to free/reduced tax preparation services
3. Provides incentives to invest in appreciable assets for long-term prosperity.

Washington Asset Building Coalition is available in 19 counties in Washington State and working to develop programs to help families build personal assets.

 

 

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