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Published byEdmund Strickland Modified over 8 years ago
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1 Developed by: The Alameda County Community Asset Network (AC CAN) With Assistance of: Corporation for Enterprise Development March 25, 2015
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2 WWW.ACCAN.ORG 1720 BROADWAY, 2 ND FLOOR OAKLAND, CA 94612 510.463.2882
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1. What Are Income and Asset Development Services? 2. Who Needs Income and Asset Development Services and Why? 3. What is ACCAN and How Do We Help Families? 3
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Banking & Financial Products/Services Public Benefits Income Supports Education & Training Financial Education IDA's & Matched Savings Programs Small Business Development Credit & Debt Employment & Job Search Tax Preparation & EITC 4
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5 The Self-Sufficiency Standard for California 2014 Source: Center for Women's Welfare, University of Washington; California Labor Code § 1182.12, as amended; Oakland Municipal Code, Chapter 5.92.020; Calculations by Families USA based on data from the U.S. Department of Health and Human Services.
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7 4 out of every ten households could not pay basic expenses for 3 months if they faced an emergency
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OF CALIFORNIA HOUSEHOLDS ARE LIQUID ASSET POOR 46% SOURCE: 2014 Assets & Opportunity Scorecard, Census Bureau, Survey of Income and Program Participation (SIPP), 2008 Panel, Wave 10, for US and States (excluding AK, DC, SD, WY). “Liquid Asset Poor”: Lacking enough savings to pay basic expenses for 3 months, where household income is cut by job loss, medical emergency, or other crisis. “Liquid Asset Poor”: Lacking enough savings to pay basic expenses for 3 months, where household income is cut by job loss, medical emergency, or other crisis. 8 SOURCE: 2014 Assets & Opportunity Scorecard, Census Bureau, Survey of Income and Program Participation (SIPP), 2008 Panel, Wave 10, for US and States (excluding AK, DC, SD, WY).
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