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Asset Building Financial Inclusion Report

Family Saving and Community Assets: Designing and Implementing Family-Centered, Place-Based Individual Development Account Programs

By CSD • July 1, 2004October 27, 2021

This report presents research undertaken to design and implement a family-centered, place-based Individual Development Account (IDA) program in the JeffVanderLou (JVL) community in the northern section of St. Louis, Missouri. The Danforth Foundation’s grant commitment of $5 million to create a non-profit organization to lead the community development project marks an important step needed to develop the assets of the JVL community and its people. This project was conceived to complement the Vashon/JeffVanderLou Initiative, which is an overarching community development plan to increase the community’s capital assets including physical, financial, social, environmental, and human capital, as well as JVL’s intellectual capital and leadership creation.

Project: American Dream Policy Demonstration (ADD)

Citation

Boddie, S., Sherraden, M., Hoyt, L., Thirupathy, P., Williams Shanks, T., Rice, S., & Sherraden, M. S. (2004). Family saving and community assets: Designing and implementing family-centered, place-based individual development account programs (CSD Report No. 04-19). St. Louis, MO: Washington University, Center for Social Development.

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2004American Dream Policy Demonstration (ADD)Individual Development Account (IDA)Lorlene HoytMargaret SherradenMichael SherradenPrema ThirupathySolana RiceStephanie BoddieTrina Williams-Shanks

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