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Recommended Standards for TANF Payment Card Contracts

  • and Elizabeth Lower-Basch, Center for Law and Social Policy; Andrea Luquetta, California Reinvestment Coalition
April 21, 2014
Families participating in the Temporary Assistance for Needy Families program (TANF/cash assistance) often must pay significant fees and surcharges to withdraw their benefits at an ATM. In California, fees charged to recipients of TANF and other public assistance programs added up to $19 million in 2012, according to a new report from the California Reinvestment Coalition. Since families’ average monthly grants are only a few hundred dollars, these small fees can have a significant impact on their ability to make ends meet.

Asset Building Program and Partners Recommend Best Practices for TANF Payment Card Contracts

April 21, 2014
WASHINGTON, DC – Today, New America’s Asset Building Program, the Center for Law and Social Policy (CLASP) and the California Reinvestment Coalition (CRC), submitted a letter urging the Consumer Financial Protection Bureau (CFPB) and Administration for Children and Families at the U.S. Department of Health and Human Services to provide guidance to states about best practices for their contracts with Electronic Benefit Transfer (EBT) vendors, so that families accessing public assistance can do so safely and with fewer fees.
 

Asset Building News Week, April 14-18

April 18, 2014
Publication Image The Asset Building News Week is a weekly Friday feature on The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This week's topics include tax day, inequality, and the safety net.

Guest Post: Six Tax Reforms to Increase Economic Security for All

April 17, 2014
Publication Image Editor's note: this blog post was authored by Heather McCulloch, Manager of the Tax Policy Project of the Asset Funders Network. It originally appeared on the ACCESS to Financial Security site and is reprinted here with the author's permission.

It’s tax time, the perfect time to consider how tax code reforms can create an America that lives up to its promise of opportunity for all.

What Are People Saying About Tax Day?

April 15, 2014
Publication Image Happy Tax Day!

Another April 15th, come and gone, here's hoping you got a refund and saved a portion of it! There's been a surprising number of articles and opinion pieces swirling around Tax Day this year. We thought we'd highlight some that jumped out at us, here's a sampling:
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