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"Savings for Working Families Act: Policy Implications and Models for States"

"Savings for Working Families Act: Policy Implications and Models for States". Woody Widrow, Director Texas IDA Network State IDA and Asset-building Policy Conference November 12, 2003. SWFA. Who is the Texas IDA Network: background and history Activities of first two years

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"Savings for Working Families Act: Policy Implications and Models for States"

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  1. "Savings for Working Families Act: Policy Implications and Models for States" Woody Widrow, Director Texas IDA Network State IDA and Asset-building Policy Conference November 12, 2003

  2. SWFA • Who is the Texas IDA Network: background and history • Activities of first two years • Assessing local IDA programs in state • Providing support to existing and potential IDA programs

  3. SWFA • Building capacity and going to scale • Activities in years three through five: working with productive IDA programs • Looking at building and supporting local/regional partnerships and collaborative models • Increasing IDAs and dealing with decreased funding

  4. SWFA • SWFA and potential match with other funding sources • Federal funds: AFIA, ORR • State and local funding (TANF, CDBG and HOME, Section 8, Self Sufficiency, other state monies) • Federal Home Loan Bank • Private and foundation funds

  5. SWFA • SWFA and potential partnerships with financial institutions • Potential financial institutions impediments/problems in applying for the tax credits • Outcome indicators that would enhance their participation • If applying potential models (by group, (location specific, general market area)

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