proj_ProsperityGrid
Consumer Financial Services, Asset-Building & Savings, Consumer Protections, Financial Capability & Education, Education & Economic Mobility
Research Report | 2009

A Prosperity Grid for North Carolina: Connecting Households and Communities to Economic Opportunity

Jessica Dorrance, Lucy S. Gorham, North Carolina Assets Alliance
Research funded by Mary Reynolds Babcock Foundation, Annie E. Casey Foundation, C.S. Mott Foundation, N.C. Council on Developmental Disabilities, CFED

Center experts provide research and policy analysis support for a N.C. Assets Alliance report outlining a vision for building a statewide “prosperity grid” that creates jobs and helps all residents build financial security.

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Overview

A two-year effort by the North Carolina Assets Alliance, formed in 2006, sets forth a vision for the state to build a prosperity grid that can create good jobs, provide opportunities to create and build savings and protect assets.

The alliance recommends that policymakers:

  • Strengthen connections to work and income—providing a living income standard, benefits and work supports makes it possible for households to set aside money to save and build assets.
  • Generate savings and assets—saving, investing and building assets over time are facilitated by government, supported by
  • private institutions—financial institutions and employers—and engage all North Carolinians.
  • Protect prosperity—Protecting accumulated savings and assets ensures connections to prosperity can continue to flourish.

Related Projects

Asset-building in North Carolina
Mary Reynolds Babcock Foundation, Annie E. Casey Foundation, C.S. Mott Foundation, N.C. Council on Developmental Disabilities, CFED

The UNC Center for Community Capital conducts research and policy analysis on ways to make financial services work better for more people and communities.

 

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