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Welcome
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1. Weed & Seed IDA Demonstration ProjectTechnical Assistance Conference Tucson, Arizona
December 14-15, 2005
2. Welcome & Introduction Who are we?
The Weed & Seed IDA Demonstration
Overview of agenda
3. Where are we from? Wisconsin (Racine)
Washington, DC (CCDO, OCS)
Utah (West Valley City)
Texas (Brownsville, Dallas, Ft. Worth)
Puerto Rico (Caguas)
Pennsylvania (Philadelphia)
North Carolina (Gastonia)
New York (Technical Assistants)
Montana (Great Falls)
Michigan (Detroit)
Kentucky (Louisville)
Illinois (Austin)
Georgia (Atlanta)
Florida (West Palm Beach)
Arkansas (Pine Bluff)
Arizona (Nogales, Phoenix, Yuma)
4. What do we do? Government Agencies
Financial Institutions
Social Service Organizations
Non-profit Organizations
Homeownership Programs
Asset-Building Programs
VITA
EITC
IDA
5. Weed & Seed IDA Demonstration Project Collaboration between:
Dept. of Justice / Community Capacity Development Office
Office of Community Services
Combine the resources of:
Weed and Seed sites
Assets for Independence grants
6. What is an “IDA Demonstration”?
7. Principle questions… Can IDAs help W & S sites to meet homeownership goals?
Can geographically focused IDAs produce community development benefits
Can W & S partnership strategies contribute to scale, efficiency and sustainability for IDAs
Can technical assistance help W & S sites to secure AFI funding for IDA accounts
8. Goals for participants… Fully understand Individual Development Accounts and role in homeownership programs
Understand the goals and mechanics of the Assets for Independence (AFI) program.
Explore how IDAs might fit with existing homeownership efforts
Understand how IDAs will fit with other aspects of their Weed & Seed programs.
Produce initial work plan for design of IDA program
Understand the time frame, process, and expectations for participation in the demonstration.
9. Why focus on homeownership? “apply knowledge and resources to solve the problems of people and their communities”
“neighborhood restoration and economic development”
“neighborhood revitalization”
“build assets giving low-income families help out of poverty”
“increase homeownership in targeted neighborhood”
“build a better community by promoting self-sufficiency and homeownership”
“incorporate asset-building strategies into neighborhood restoration goals”
“help families realize the American Dream of home ownership”
“neighborhood restoration by increasing residents’ access to resources for home ownership”
“transform this community into a livable, safe and wholesome neighborhood”
10. Where do we start?
11. Big picture:
12. Big picture:
13. Agenda The homeownership challenge
Your community
Your housing market
Your resources
The IDA tool
Plan of action
14. Questions… Now
Every session
End of each day
TA contacts