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Housing Facts & Findings, Vol. 7, No. 2
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Published 2005
Author Heather McCulloch, Jack Markell, Andrea Levere
Source Fannie Mae Foundation
URL Click here to download the full document
PDF: 8 pages, 323 kbytes

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This issue of Housing Facts & Findings focuses on how states are promoting economic security for working families through asset-building strategies.

Research has demonstrated that ownership of assets -- cash savings, stocks, bonds, and home and business equity -- is associated with better educational attainment, increased civic participation, and more positive health outcomes. This article examines how six states (California, Delaware, Pennsylvania, Hawaii, Illinois, and Michigan) are working to develop asset-building policies and initiatives to help their residents save, invest, and build assets for the future.

Delaware Treasurer Jack Markell discusses his state's efforts to streamline Delawareans' pathway to financial success through education, savings, and investment opportunities.

Effective asset-building strategies need to be informed by accurate and timely information. That's why, in 2002, CFED created a comprehensive tool -- the Assets and Opportunity Scorecard -- to help states measure their residents' ownership and financial security.

This document is in the public domain and may be freely copied, distributed or publicly displayed.

   
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