Building Assets While Building Communities: Expanding Savings & Investment Opportunities for Low-Income Bay Area Residents
For families with limited incomes, the challenge to build assets and gain economic traction remains formidable. This report proposes that economic development activities hold untapped potential to support savings and create home, business and real estate ownership opportunities affordable and accessible to low-income families. It also presents concrete strategies for structuring neighborhood economic development activities to maximize asset accumulation for lowincome residents. While focused on the San Francisco Bay Area, these strategies are applicable to communities throughout the country.