Oct 30 Morning Plenary - Neighborhood Partnerships' RE:Conference 2014
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Transcript of Oct 30 Morning Plenary - Neighborhood Partnerships' RE:Conference 2014
#ReConf2014 | NeighborhoodPartnerships.org
Welcome to the
Morning Plenary
#ReConf2014 | NeighborhoodPartnerships.org
View Prezi at: http://prezi.com/fcmyx4w9dh1a/oregon-ida-network/
Financial Security in Oregon Communities:
CFED’s Assets and Opportunity Network
Financial Security in Oregon Communities
Financial Security in OR Communities:
CFED’s local data
Financial Security in OR Communities:
CFED’s local data
Financial Security in OR Communities:
CFED’s local data
Financial Security in OR Communities:
CFED’s local data
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute
916
1723
2448
2891
3541
4210
0
500
1000
1500
2000
2500
3000
3500
4000
4500
2008 2009 2010 2011 2012 2013
Figure 1. Number of Active IDA Participants by Year (2008-2013)
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute Evaluation
Oregon IDA Initiative’s Impacts:
Demographics
Asian4% Black /
African American
7%
Native American5%
Native Hawaiian or other Pacific
Islander1%
Other/Multiple14%
White69%
Hispanic, 27%
Not Hispanic,
70%
Unknown, 3%
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute Evaluation
Micro-enterprise27%
Education37%
Employment related equipment and Assistive
Technology1%
Home Purchase32%
Home Renovation3%
Figure 2. Oregon IDA Initiative Savings Categories
(2008-2013)
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute Evaluation
19%
31%
21%
42%
62%
73%
57%
80%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Habit of Savings Use of Budget Financial Resilience Satisfaction with Financial Status
Figure 3. IDA Graduates Financial Wellbeing Over Time Entry to Exit
Program Entry Program Exit
Survey respondents said:
Concrete impact:
– “I have a house!”
– “It helped me start my business…has brought me the
most financial stability I’ve ever had.”
– “I am no longer in debt and my credit score significantly
increased”
Changed behaviors:
– “I now have a little nest egg for when things in life
accidentally happen. I feel more secure about my future
and don't worry as much about money ”
– “I learned I can save, create goals, and make them
happen.”
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute Evaluation
Longer term impacts
“…realizing the impact that even saving $20/month can have
over time. I have gained the confidence, courage to branch
out.”
“My house helps me become a better neighbor and creates a
legacy for me to pass on generationally”
“I am thrilled to have earned my master's degree, which has
afforded me greater self-esteem and provided a good role
model for my daughter.”
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute Evaluation
Oregon IDA Initiative’s Impacts:
PSU’s Regional Research Institute Evaluation
Oregon IDA Initiative’s Impacts:
Project Impact Interviews
• Having means, means a whole lot
• Hope in Change
• Dancing to the beat of your own IDA
#ReConf2014 | NeighborhoodPartnerships.org
View on YouTube: https://www.youtube.com/playlist?list=PLQfVR0Ab1xgEsn17wktKf7r64ByRLZvu3