WABC’s Fall Meeting: Oct 24th in Federal Way

Please join us in Federal Way on October 24th for a day of learning, networking, and discussion about asset building in Washington State. Highlights of the day include:

  • Samples of new EITC outreach materials on display
  • Panel discussion on foreclosure mediation
  • Information about SB 5921 – Revising Social  Service Programs and HB 2082 – Making Changes to the Disability Lifeline Program and how these bills will impact your work
  • Exploring partnership opportunities with the Northwest Credit Union Association, the Division of Child Support, the College Bound Scholarship Program, and Bank On Washington
  • How to support asset building for people with disabilities
  • Gathering input for WABC’s 2012 policy agenda

The meeting is free with onsite, free parking, and lunch is included, thanks to our sponsor Express Advantage. We only ask that you register so that we have enough food, seating, and materials for everyone. Please go to the registration page where you will also find directions. We hope to see you on October 24th!

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Kindergarten to College: A First-in-the-Nation Initiative to Set All Kindergarteners on the Path to College

In the Spring of 2011, the City of San Francisco automatically opened college savings accounts for over 1,000 San Francisco Kindergartners. The City also “seeded” every account with an initial deposit of $50. The account openings marked the official launch of San Francisco’s Kindergarten to College initiative, or “K2C.” This initiative, the first of its kind in the nation, aims to improve the odds for San Francisco Kindergartners and set all San Francisco public school children on a path to college, from the very first day of school. The New America Foundation released a new paper which chronicles the development of an innovative policy and presents an informative and instructive case study.This case study provides an overview of K2C, why city leaders started it, and how it works. To access the paper, click here.

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Webinar – Coming Up with Cash in a Pinch: Emergency Savings & Its Alternatives

The Center for Financial Security (CFS) is hosting a webinar on Tuesday, October 11, 2011 from 11am to noon (Pacific time) about emergency savings. Emergency savings serves as a form of insurance against non-routine expenditures such as medical bills or car repair.   Discussants for the webinar, J. Michael Collins, CFS Faculty Director; Pamela Chan of New America and Mae Watson Grote of The Financial Clinic. To register for the webinar, click here.

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October 7 Webinar: US Household Finance Initiative Prospective Grant Applicant Q&A

Innovations for Poverty Action and the US Household Finance Initiative (USHFI) will be hosting a grant application webinar on October 7, 2011 for financial institutions and other organizations interested in submitting a proposal for the Financial Products Innovation Fund.  This webinar will include an overview of the US Household Finance Initiative and the research priorities of this grant competition, as well as a Q&A session with USHFI Director Dr. Jonathan Zinman. To register for the webinar, click here.The full RFP and supporting documents can be found here: http://www.poverty-action.org/ushouseholdfinance/RFP. Proposals are due October 31, 2011. For more information, contact Rebecca Rouse at rrouse@poverty-action.org
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Law Quashes Local Payday Lenders

The Columbian newspaper’s front page article (9/25/2011) highlighted the effectiveness of the state’s payday lending legislation. Clark County has seen eight payday lenders close shop, leaving nine lenders in business. To read the article, click here.

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