Search for:

Shop by Category

New Balance Mens Style

´╗┐IDA bill would provide a hand up

New Balance Mens Style

New Balance Mens Style

Alabama citizens to take advantage of federal matching funds to purchase assets that will help them emerge from poverty.Here how it works: A federal law called the Assets for Independence Act was passed in 1998, allowing the feds to put matching funds into the IDA savings account of a low income saver.The match gets triggered if the saver pairs up with a local nonprofit organization that also willing to do a dollar for dollar match of the savings. That means that a low income person can save up to $2,000 and have it matched not once, but twice, resulting in up to $6,000 in the special savings account.And here the clincher: The tripled savings can go toward a home entertainment system or a trip to the casino.Rather, those who save the nest egg must undergo a financial literacy course, improving their understanding of money and how wealth is built. Then, the money saved can be used for only three purposes: buying a first time home, starting a business or going back to school.The saver learns a life lesson about the rewards of saving.Who can be against the idea of encouraging low income workers to set goals, save a few dollars each month out of their paychecks, and use the money to purchase a valuable and lasting asset that will enhance their quality of life?Pretty much everybody agrees with the goal of moving people out of poverty and into stakeholder positions in their communities.What more, we have proof that IDA programs work in Alabama. The United Way of Central Alabama has been administering such accounts for years now.The agency success stories describe folks who have moved from paying rent into home ownership, people who gone back to school to gain wage enhancing skills and credentials, people who have turned entrepreneurial ideas into productive businesses.Those are the stories of the American dream coming New Balance Trainers Girls

New Balance Mens Style

New Balance Mens Style

New Balance Mens Style

true. When people use assets to emerge from poverty, everyone benefits. But we can improve on existing programs by expanding access.The current IDA bill is needed because every eligible Alabamian should be able to participate no matter where they live. In future years, when the economy turns around, the state can (and should) become a matching partner. For example, money currently going to two year colleges could be matched with money from the feds, meaning that state appropriations for community colleges could be tripled, helping state budgets while helping low income students.Proof of this consensus can be seen in the fact that the IDA bill passed the Alabama House of Representatives 97 0 back in 2009, before being pocket vetoed by then Gov. Bob Riley.

New Balance Mens Style

the challenge now lies squarely on the shoulders of the House of Representatives to pass what has come to New Balance Mens Style be known as "the IDA bill."IDA stands for Individual Development Account. Requiring no funding from the state thin 2012 budgets, the bill will enable qualifying New Balance Shoes For Men Price

New Balance Mens Style

New Balance Mens Style

New Balance Mens Style

New Balance Mens Style

SB 295 passed through the Senate before the Legislature took a break to work on re districting, but New Balance 4040v3 Metal Low

New Balance Mens Style

New Balance 860v2

Polo Shirts Embroidered Cheap
New Balance Grey Orange Blue

New Balance All Terrain Shoes

Gold New Balance Shoes

New Balance Shoes For Women Running

New Balance Napes Pack

New Balance Shoes Black And Gray

New Balance Girls Fashion

New Balance White Mens

Polo Shirts Embroidered Sydney
Mens Lacoste Polo Shirts Sale Uk
Polo Lacoste Slim Fit
Us Polo Clothing Uk
New Balance Brown Mens

Home / New Balance Mens Style

Mailing List
Subscribe to our mailing list below:
Email:



CubeCart Mods and Skins from CC3.biz

Valid XHTML 1.0 Transitional