In the wake of Hurricanes Katrina and Rita, the state of Louisiana has taken steps to make asset building a priority. The Louisiana Department of Social Services has embraced the concept of asset building, and is implementing programs that offer opportunities for asset building to low- and moderate-income residents.
Individual Development Accounts
Individual Development Accounts (IDAs) are matched savings accounts that enable low-income American families to save, build assets and enter the financial mainstream.
Manufactured Housing Initiatives
CFED’s manufactured housing initiatives, IM HOME and ROC USA, expands opportunity for owners of manufactured homes and ensure they receive the same treatment and benefits as owners of any other type of home.
Saving for Education, Entrepreneurship and Downpayment Initiative (SEED)
SEED is a multi-year national initiative to develop, test and impel matched savings accounts and financial education for children and youth.
The Self-Employment Tax Initiative (SETI)
SETI explores use of the tax code and "tax day" to scale-up delivery of financial services and business literacy to millions of start-up micro and small businesses annually.