Asset Building Coalition
QCDW participates as a Member of the Ilinois Asset Building Group.
If you would like to learn more about this important initiative, a representative would be pleased to speak with your organization or neighborhood group.
Community meetings are being scheduled throughout the Summer and Fall. Stay tuned for a complete listing or contact email@example.com for more information.
What is the Illinois Asset Building Group?
The Illinois Asset Building Group (IABG) is a diverse statewide coalition invested in building the stability and strength of Illinois families and communities through increased asset ownership and asset protection. Made up of community leaders, service providers, researchers, advocates, financial institutions, and business leaders, IABG seeks to expand assetbuilding opportunities in Illinois through effective policy and system changes.
What are Assets?
Assets are the building blocks of long-term financial stability and success for people at all income levels. They make the difference between getting by and getting ahead. Having a savings account, a college education, a home, or a small business can help individuals and families live securely today, weather difficult financial times, plan for the future, and pass assets on to future generations.
What are the Goals of the IABG?
IABG policy work aims to:
· Build personal and financial assets;
· Increase opportunities for savings and investment;
· Protect existing personal and financial assets; and,
· Promote financial education.
Current efforts include promoting children’s savings accounts, curbing predatory lending, ensuring affordable utilities, and eliminating asset limits in public benefit programs. Members of IABG’s Policy and Coordinating committees help to shape the IABG policy agenda.
Why are Assets so Important?
Individuals’ assets can be leveraged to strengthen communities. In turn, the entire state benefits when individuals, families, and communities are financially stable.
Why Save Now?
The articles below will provide you with more information about the importance of opening Children's savings accounts at birth and initiatives of the Savings Account Task Force.
IABG is co-chaired by Heartland Alliance for Human Needs & Human Rights and the Sargent Shriver National Center on Poverty Law.