CAAB

Investing in People, Strengthening Communities

CAAB's Advocacy on Capitol Hill: Meeting with Senator Cardin's Staff to Promote Impact of IDAs in Maryland

On May 17, 2017, CAAB's Board President, Lee Davenport, and CAAB's Associate Director, Joseph Leitmann-Santa Cruz, met with staff in Senator Ben Cardin's Capitol Hill office to promote the impact of savings and IDAs in the financial wellbeing of low- and moderate-income residents of Maryland.

CAAB's Advocacy on Capitol Hill: Meeting with Senator Cardin's Staff to Promote Impact of IDAs in Maryland

Capital Area Asset Builders (CAAB) has launched a public advocacy campaign to promote individual development accounts (IDAs) with members of the Unites States Senate and United States House of Representatives.

On May 17, 2017, CAAB's Board President, Lee Davenport, and CAAB's Associate Director, Joseph Leitmann-Santa Cruz, met with staff in Senator Ben Cardin's Capitol Hill office to promote the impact of savings and IDAs in the financial wellbeing of low- and moderate-income residents of Maryland.

In late-April 2017, Congress came to an agreement to fund the federal government through September 2017, and it did not include funding for the Assets for Independence (AFI) program. Since 1998, AFI has been the largest source of funding for Individual Development Accounts. Simply put, AFI was "zeroed out." 

CAAB is committed to the goals of prosperity and economic mobility. We look forward to joining other asset-building and financial capability organizations throughout the US in fighting for this program and for others that empower families to climb the ladder of opportunity.

 

About Capital Area Asset Builders

Capital Area Asset Builders (CAAB) is a non-profit organization whose mission is to empower low- and moderate-income residents of the Greater DC Area to take control of their finances, increase their savings, and build wealth for a better future.

Connect with CAAB via our social media platforms:

How to give

Now, more than ever, non-profits like Capital Area Asset Builders (CAAB) need your help. Please support CAAB as we continue to help DC residents manage and/or improve their financial situation during these difficult times. If you can't afford to give a monetary gift, please visit our Amazon Wish List where you can choose from a variety of items that CAAB needs in order to better serve our community.

or send a check or money order to
Capital Area Asset Builders (CAAB)
c/o Joseph Leitmann-Santa Cruz, Director of External Relations
1100 H Street NW, Suite 200
Washington, DC 20005