KnowledgePlex: Documents: Personal Finance & Asset CreationThis section discusses strategies to create and increase personal wealth, financial security, and financial assets such as cash, savings accounts, stocks, or property. Strategies include providing tools, training, or services that encourage individuals to engage in long-term saving and investment behavior as a means to increasing economic independence.Promoting Economic Security for Working Families: State Asset-Building Initiatives- (Found September 17, 2008 ) A nascent asset-building movement is taking shape. This movement, broad in scope and bipartisan in nature, seeks the best means of bringing assets cash savings, stocks, bonds, home equity, business equity within reach of working families. Governors, state legislators, and community and business leaders are leading this effort. States are serving as the testing-ground for innovations ...http://www.knowledgeplex.org/showdoc.html?id=106925 Facts on Financial Literacy- (Found September 17, 2008 ) This document defines financial literacy and helps you make the case for offering financial literacy services or referrals within your resident services program. This document is part of "Creating Opportunities for Families through Resident Services: A Practitioner's Manual," published in 2006 to provide guidance and resources for offering effective services to residents. Specifically, it ...http://www.knowledgeplex.org/showdoc.html?id=163702 Dealing With Neighborhood Change: A Primer On Gentrification and Policy Choices- (Found September 17, 2008 ) This paper serves as a primer on how to view the complex issue of gentrification. It reviews the findings, analyses and frameworks developed during the gentrification wave of the '70s and '80s. The paper outlines the complex ways that current and "original" residents view gentrification and clarifies that long-time neighbors can take very different positions on the gentrification issue ...http://www.knowledgeplex.org/showdoc.html?id=987 Comment on Donald R. Haurin and Hazel A. Morrow-Jones's "The Impact of Real Estate Market Knowledge on Tenure Choice: A Comparison of Black and W- (Found September 17, 2008 ) Haurin and Morrow-Jones analyze a sample of survey respondents from Columbus, OH, and find that additional knowledge about real estate markets increases the likelihood of homeownership. They conclude that differences in real estate knowledge contribute importantly to explaining some of the racial gap in homeownership rates; this finding leads to their conclusion that the racial gap can be addressed ...http://www.knowledgeplex.org/showdoc.html?id=254225 Learning the Ropes: Financial literacy programs help low-income families- (Found September 17, 2008 ) For every basic need - food, shelter, medical care, education, and retirement - financial planning has become not just a convenience but an essential survival tool. At the same time, responsibility for financial well-being is increasingly being placed on the shoulders of individuals. Welfare reform has moved millions from government assistance to the ranks of the working poor or permanent job-seekers ...http://www.knowledgeplex.org/showdoc.html?id=115847 Innovative Employment Approaches and Programs for Low-Income Families- (Found September 17, 2008 ) This paper is designed to assist states and localities in identifying innovative strategies to promote stable employment and wage growth among low-income populations. It distills key lessons from the body of research undertaken to date and identifies innovative approaches and programs for improving the employment prospects of low-income families. The paper presents a typology of four relatively ...http://www.knowledgeplex.org/showdoc.html?id=446071 The Market Potential Of Inner-City Neighborhoods: Filling The Information Gap- (Found September 17, 2008 ) America's inner cities have vast undervalued assets that are largely unseen by conventional businesses. The resulting underinvestment reflects a serious information gap affecting neighborhood markets. In today's information age, where market intelligence is the single most valuable commodity in business, little reliable, accessible data or knowledge is available about emerging urban markets. This ...http://www.knowledgeplex.org/showdoc.html?id=1047 Changing Capital Markets And Their Implications For Community Development Finance- (Found September 17, 2008 ) This article summarizes research from the Community Development Innovation and Infrastructure Initiative (CDIII), an 18-month project on the future of community development finance. CDIII asked two questions: where does the community development field need to be in order to have impact in the new economic and financial world, and how do we move the industry into this new position The fundamental ...http://www.knowledgeplex.org/showdoc.html?id=805 Financial Literacy Strategies: Where Do We Go From Here- (Found September 17, 2008 ) The evolution of market economies has dramatically broadened the opportunities of consumers, workers, investors, and firms. The sheer variety of goods and services that are easily accessible (for a price) would be breathtaking to people living just a century ago. At the same time, the multitude of choices can be bewildering. Increasingly, taking best advantage of available opportunities places ...http://www.knowledgeplex.org/showdoc.html?id=192571 Community Investments: Special Issue on Building Assets- (Found September 17, 2008 ) Articles in this special issue cover such topics as the case for asset building policies and programs, engaging the financial services industry in asset building, the asset policy initiative in California, and leveraging the benefits of the Earned Income Tax Credit. Community Investments is a publication of the Community Affairs Department of the Federal Reserve Bank of San Francisco.http://www.knowledgeplex.org/showdoc.html?id=119172 |