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"Savings for Working Families Act: Policy Implications and Models for States" Woody Widrow, Director Texas IDA Network State IDA and Asset-building Policy.

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Presentation on theme: ""Savings for Working Families Act: Policy Implications and Models for States" Woody Widrow, Director Texas IDA Network State IDA and Asset-building Policy."— Presentation transcript:

1 "Savings for Working Families Act: Policy Implications and Models for States" Woody Widrow, Director Texas IDA Network State IDA and Asset-building Policy Conference November 12, 2003

2 SWFA Who is the Texas IDA Network: background and history Activities of first two years Assessing local IDA programs in state Providing support to existing and potential IDA programs

3 SWFA Building capacity and going to scale Activities in years three through five: working with productive IDA programs Looking at building and supporting local/regional partnerships and collaborative models Increasing IDAs and dealing with decreased funding

4 SWFA SWFA and potential match with other funding sources Federal funds: AFIA, ORR State and local funding (TANF, CDBG and HOME, Section 8, Self Sufficiency, other state monies) Federal Home Loan Bank Private and foundation funds

5 SWFA SWFA and potential partnerships with financial institutions Potential financial institutions impediments/problems in applying for the tax credits Outcome indicators that would enhance their participation If applying potential models (by group, (location specific, general market area)


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