CAAB's Advocacy on Capitol Hill: Meeting with Senator Warner's Staff to Promote Impact of IDAs in Virginia
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 22, 2017, CAAB's Associate Director, Joseph Leitmann-Santa Cruz, met with staff in Senator Mark Warner's Capitol Hill office to promote the impact of savings and IDAs in the financial wellbeing of low- and moderate-income residents of Virginia.
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:
- Twitter: @CAAB_GreaterDC
- Facebook: https://www.facebook.com/CapitalAreaAssetBuilders
- LinkedIn: https://www.linkedin.com/company/capital-area-asset-builders