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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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Presentation on theme: "1 Developed by: The Alameda County Community Asset Network (AC CAN) With Assistance of: Corporation for Enterprise Development March 25, 2015."— Presentation transcript:

1 1 Developed by: The Alameda County Community Asset Network (AC CAN) With Assistance of: Corporation for Enterprise Development March 25, 2015

2 2 WWW.ACCAN.ORG 1720 BROADWAY, 2 ND FLOOR OAKLAND, CA 94612 510.463.2882

3 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

4  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

5 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.

6 6

7 7 4 out of every ten households could not pay basic expenses for 3 months if they faced an emergency

8 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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