Presentation is loading. Please wait.

Presentation is loading. Please wait.

LOW INCOME CAR OWNERSHIP (LICO) New Policy for Employment and Family Well-Being Carolyn Hayden, Consultant The National Economic Development and Law Center.

Similar presentations


Presentation on theme: "LOW INCOME CAR OWNERSHIP (LICO) New Policy for Employment and Family Well-Being Carolyn Hayden, Consultant The National Economic Development and Law Center."— Presentation transcript:

1 LOW INCOME CAR OWNERSHIP (LICO) New Policy for Employment and Family Well-Being Carolyn Hayden, Consultant The National Economic Development and Law Center

2 2001 Field Scan Profiled 26 programs; case studies on 7 Most programs created since 1996 Varying infrastructures Gave, sold, or leased vehicles Primarily served TANF clients (single moms) Each distributed between 54 and 1600 vehicles Retail values between $2,000 - $5,000

3 Promising Practices Case management Training and education Partnerships Affordability analysis Insurance assistance Experienced staff with industry-related experience Outcomes tracking Improving vehicle quality and affordability

4 Changes Over Time Increasing focus on donations; fewer wholesale purchases Fewer leasing programs Expanded multi- and cross- sector partnerships Increased involvement in policy developments Increased focus on sustainability strategies Programs selling newer-model used cars Shifts in sources of funding support

5 2005 Field Scan Documented a total of 162 operating car ownership programs 63 programs distribute cars directly to customers; 54 make loans available for car purchases; and 45 help clients save for a car through matched savings accounts Expanded view of the field: “A group of organizations helping low income people to improve their economic security and family well-being through car ownership”

6 The Bottom Line In 2004 approximately 4,000 families were provided access to vehicles through 162 programs Overall, approximately 33,000 families have acquired vehicles through car ownership program efforts


Download ppt "LOW INCOME CAR OWNERSHIP (LICO) New Policy for Employment and Family Well-Being Carolyn Hayden, Consultant The National Economic Development and Law Center."

Similar presentations


Ads by Google