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Connecticut Individual Development Account Initiative (IDA)
IDA/Asset Building Resources

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Leslie White

Connecticut Department of Labor

200 Folly Brook Blvd., Wethersfield, CT 06109

Phone: (860)-263-6794

Email: leslie.white@ct.gov   

Resources to learn about IDAs and the asset-building field:

  • Individual Development Accounts for Youth: http://cfed.org/assets/pdfs/idas_for_youth.pdf . This report examines IDA programs as a tool for promoting long-term savings and investment behavior among youth. It is intended to provide baseline information about effective practices to IDA practitioners seeking to extend IDAs from adults to young people and to youth development practitioners looking for ways to incorporate asset building and financial literacy into their current services.
     
  • INFORMATION BOOKLET FOR FINANCIAL INSTITUTIONS. The Connecticut Department of Labor has just released a revised and updated version of "The Connecticut IDA Initiative Information Booklet for Financial Institutions." Click here for a free downloadable version of the booklet. (PDF, 424KB)
     
  • STRIVING TO SAVE. The Center for Social Development at the George Warren Brown School of Social Work, Washington University, St. Louis, announces the publication of Striving to Save: Creating Policies for Financial Security of Low-Income Families. This new book by Research Professor Margaret Sherraden and Research Director Amanda Moore McBride, with CSD Senior Scholar Sondra Beverly, uses in-depth interviews to examine saving in 84 low-income households, including 59 who participated in Downpayments on the American Dream Demonstration IDA Program (ADD), and 25 controls who did not participate. 

    Striving to Save is published by University of Michigan Press. The research described in the book tested the effectiveness of Individual Development Accounts (IDAs). It challenges traditional assumptions that the poor do not want to or cannot save. The findings suggest ways to understand the economic lives of low-income and low-wealth individuals and families, and offer valuable insights into approaches for future policy, programs, and savings products that enable the poor to build assets.

    To purchase
    Striving to Save, go to:
    https://www.press.umich.edu/231248/striving_to_save
  • THE CORPORATION FOR ENTERPRISE DEVELOPMENT (CFED), 777 North Capital Street, NE, Suite 410, Washington, DC 20002, is an independent, non-profit organization whose mission is to foster widely-shared and sustainable economic well-being by building economies, enterprises and assets in communities throughout the country and internationally. It has been in the forefront of the IDA movement. CFED has many IDA-related publications available for ordering.
  • IDA LIST SERVE. CFED also sponsors an IDA list serve that is an excellent way to benefit from the shared information of IDA implementers all over the U.S. You can join the list serve by sending a blank e-mail to idanetwork-subscribe@cfed.org.
     
  • THE CENTER FOR SOCIAL DEVELOPMENT'S WEBSITE, http://csd.wustl.edu , includes information on asset-building research, state IDA policy, and American Dream Demonstration evaluation information. There are also many IDA-related publications that you can  order through the website or by calling (314)935-7433.
     
  • ASSETS AND THE POOR: A NEW AMERICAN WELFARE POLICY, by Michael Sherraden; M.E. Sharpe, Inc., 1991. Written by Dr. Sherraden, Director of the Center for Social Development (SCD), Washington University, St. Louis, this is the book that introduced the IDA concept. This book may be special-ordered in bookstores or ordered directly from the publisher at (914) 273-1800.
     
  • Connecticut Asset Building Collaborative.  For information, news, and events about asset-building programs in Connecticut, go to: http://www.ctassetbuilding.org/


200 Folly Brook Boulevard, Wethersfield, CT 06109 / Phone: 860-263-6000

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