CAAB

Investing in People, Strengthening Communities

Creating an Action Plan for 2016 to Achieve Economic Inclusion in DC

On Friday, December 11, 2015, over 60 stakeholders and community members came together in Southeast DC to discuss how to achieve economic inclusion in the District of Columbia and create an action plan for 2016. This took place at the fourth and final quarterly Economic Inclusion in DC event hosted by Capital Area Asset Builders (CAAB), Coalition for Nonprofit Housing and Economic Development (CNHED), Corporation for Enterprise Development (CFED), DC Department of Insurance, Securities and Banking (DISB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Bank of Richmond, Office of the Comptroller of the Currency and United Way of the National Capital Area.

Creating an Action Plan for 2016 to Achieve Economic Inclusion in DC

On Friday, December 11, 2015, over 60 stakeholders from DC-based community based organizations, regional funders, national asset building intermediaries, community members and representatives of Federal Government agencies and the DC Government came together at the R.I.S.E. Demonstration Center in Southeast DC to discuss how to achieve economic inclusion in the District of Columbia and create an action plan for 2016.

This gathering took place at the fourth and final quarterly Economic Inclusion in DC event hosted by Capital Area Asset Builders (CAAB), Coalition for Nonprofit Housing and Economic Development (CNHED), Corporation for Enterprise Development (CFED), DC Department of Insurance, Securities and Banking (DISB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Bank of Richmond, Office of the Comptroller of the Currency and United Way of the National Capital Area.

At the December 11th Economic Inclusion in DC event, the following presentations took place: 

  • Preview of the District of Columbia Individual Banking and Small Business Access to Capital Study presented by the Government of the District of Columbia, Office of the Deputy Mayor for Planning & Economic Development 
  • The Family Assets Count Profile for the District of Columbia presented by Corporation for Enterprise Development (CFED) 

  • Financial Asset Building Agenda for DC in 2016 presented by the United Way of the National Capital Region and the Capital Area Asset Builders (CAAB) 

  • The Financial Benefits of Homeownership: An Evaluation of a Nonprofit Development Model presented by MANNA Inc and the National Community Reinvestment Coalition 

Throughout 2015, CAAB and our partners hosted quarterly conversations focusing on economic issues affecting DC’s individuals, families and communities and learn about effective tools that can measurably improve financial well-being. All four events were at-capacity and lively discussions. In February, we discussed how to maximize the Earned Income Tax Credit (EITC) in DC. In May, we discussed credit-building initiatives. In September, we discussed how being unbanked/underbanked impacts low-income communities in DC. In December, we came together to plan and draft a work plan for 2016. The findings and final plan will be shared in early-2016.

For more information about the quarterly Economic Inclusion in DC events, please contact Joseph Leitmann-Santa Cruz, CAAB's Director of External Relations at (202) 419-1440 x 102 or jleitmann-santacruz@caab.org.

 

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.

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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, CEO & Executive Director
1100 H Street NW, Suite 200
Washington, DC 20005