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Asset Building Latest News
New Tools Help Cities Alert Residents to Foreclosure Rescue Scams (3/15/10)
As foreclosures continue to plague cities across the nation, municipal leaders have access to new tools to protect homeowners from “foreclosure rescue” scams.
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Cities Kick Off Tax Season with Earned Income Tax Credit Campaigns (2/8/10)
Cities throughout the nation launched annual outreach campaigns last month to help residents claim the Earned Income Tax Credit (EITC). These campaigns offer a prime opportunity to attract millions of federal dollars into local economies and to lift families out of poverty.
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Seattle Hosts Cross-Site Meeting for Bank On Cities Campaign (1/11/10)
Last month, representatives from eight communities participating in the 2009 Bank On Cities Campaign gathered in Seattle for an intensive two-day meeting focused on increasing residents’ access to the financial mainstream.
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Learn more about the Bank On Cities Campaign »
Bank On Evansville Releases Second Quarter Results (8/19/09)
The second quarter results are in for the Bank On Evansville program, which helps residents who don't have checking or savings accounts. The program started in February, and since then 324 accounts have been opened through several accredited banks and credit unions in the area.
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Eight Cities Selected to Participate in NLC's Bank on Cities Campaign (4/13/09)
NLC’s Institute for Youth, Education, and Families (YEF Institute) has selected eight new cities to participate in a second phase of the Bank On Cities Campaign, a technical assistance project aimed at helping municipal leaders connect low- and moderate-income families to mainstream financial services and products. The cities selected for the project include Bryan, Texas; Denver; Gaithersburg, Md.; Indianapolis; Louisville, Ky.; Newark, N.J.; Rapid City, S.D.; and St. Petersburg, Fla.
Read More in Nation's Cities Weekly »
Local Leaders Gather to Advance Financial Empowerment Strategies (3/30/09)
Local elected officials, senior municipal staff and other community stakeholders from 22 cities gathered in Washington, D.C., on March 15 at a Municipal Financial Empowerment Symposium to learn and share effective strategies for helping families achieve financial stability. The symposium was co-sponsored by NLC’s Institute for Youth, Education, and Families (YEF Institute) and the Cities for Financial Empowerment (CFE) Coalition, a group of city leaders working together to improve the financial health of residents in their communities.
Read More in Nation's Cities Weekly »
Cities Connect Families With Financial Education During America Saves Week (3/18/09)
As millions of families across the country lose their jobs, homes and savings, a number of cities are taking an active role in helping families receive financial advice and build — or rebuild — their financial assets. Last month, cities took part in America Saves Week as part of a national campaign involving more than 1,000 nonprofit, government and corporate entities.
Read More in Nation's Cities Weekly »
Cities Encouraged to Appy for 2009 Bank On Cities Technical Assistance Initiative (3/2/09)
Cities are invited to apply for the 2009 Bank On Cities Campaign, a one-year technical assistance initiative sponsored by the YEF Institute with support from the Annie E. Casey and Ford Foundations. This project is entering its second year and will help a new cohort of cities connect residents to mainstream financial services and products. Proposals are due by March 25, 2009.
Read More in Nation's Cities Weekly »
Learn More about the 2008 Bank on Cities Campaign »
Bank On Cities Campaign Advances Efforts to Connect Families with Mainstream Financial Services (9/22/08)
Representatives from 14 city teams gathered for a roundtable discussion in Crystal City, Va., sponsored by the YEF Institute to learn and share strategies for “banking the unbanked” and to discuss effective methods of ensuring that appropriate financial services and products are available to low-income families. The roundtable was held in conjunction with the CFED Assets Learning Conference and marked the first gathering of local officials participating in the Bank On Cities Campaign.
Read the Full Nation's Cities Weekly Article »
NLC Co-Hosts National Dialogue on Local Initiatives to Tackle Poverty (8/4/08)
Municipal leadership to tackle poverty in local communities across the nation was a focus of a prominent national forum in Washington, D.C., last month. “Tackling Poverty: The Role of State and Local Governments” was co-sponsored by NLC along with Half in Ten: From Poverty to Prosperity, and Spotlight on Poverty and Opportunity, two national campaigns that work to elevate and address the issue of poverty.
Read the Full Nation's Cities Weekly Article »
Recent Study Explores Financial Choices of New Yorkers (7/28/08)
New York Mayor Michael R. Bloomberg, Deputy Mayor Linda Gibbs and Consumer Affairs Commissioner Jonathan Mintz recently released the findings of the city’s Neighborhood Financial Services (NFS) study and announced the launch of two new city initiatives designed to improve low-income residents’ access to mainstream financial services that meet their needs.
Read the Full Nation's Cities Weekly Article »
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