Asset Building Program

Archives: Asset Building Program Press

New America Foundation Congratulates Michael Sherraden

May 3, 2010

The New America Foundation's Global Assets Project salutes Michael Sherraden for being named one of the world's most influential people by TIME Magazine. Sherraden is Benjamin E. Youngdahl Professor of Social Development at Washington University in St.

Free Money Left on Table | The New York Times

April 30, 2010

That is exactly what they have been doing, according to a new report, “Left on the Table,” by two professors at California State University, Fresno, which was published by the New America Foundation.


“We wanted to show that the program is not just important for relieving poverty, but that it's also important for local economies,” said Maria Sotero, a research associate for the Asset Building Program of the New America Foundation. ...

The 2010 TIME 100 | TIME

April 29, 2010

Microfinance seems simple: make small loans to the poor so they will have the capital to send their children to school, pay for health care, start a business. But lifting families from poverty also requires that they be able to protect their new assets — a home, a herd, a budding enterprise. The Global Assets Project, co-led by Michael Sherraden, offers things people in developed countries take as a given: savings accounts, insurance, investment capital. ...

California Taxpayers Missing Out on More Than $1 Billion | Los Angeles Daily News

April 12, 2010

... that amounts to 800000 households losing out on 1.2 billion dollars of unclaimed tax money, according to a recent report by the New America Foundation. ...

Olivia Calderon on the Impact of EITC | KPFA

April 9, 2010

On KPFA radio, New America's Olivia Calderon discussed the EITC report and the impact of the EITC on familes and businesses in Alameda County and the state of California

Original article.

Don't leave Earned Income credit on tax return table | Mount Shasta Herald

April 9, 2010

... Closer to home the estimation of tax loss is $1.4 million in Siskiyou County.

The research was conducted jointly by Anne Stuhldreher, a senior research fellow at the New American Research Foundation, and Antonio Avalos, Professor of Economics at California State University Fresno.

Their report, “Left on the Table,” estimates that 1,100 county residents eligible for the refunds will fail to file for the tax credit. ...

Earned Income Tax Credit Goes Begging | Inland Empire News

April 9, 2010

The New America Foundation estimates that 50000 Riverside County residents will miss the Earned Income Tax Credit.

Protection vs. Prudence, More Myth Than Reality | American Banker

March 30, 2010

"I think leaving CRA with the regulators is actually a recognition of this issue," said Ellen Seidman, director of the Financial Services and Education Project at the New America Foundation and a former director of the Office of Thrift Supervision. "CRA is an affirmative obligation where consumer protection is not."

U.S. Analysts: White House Budget Targets Increased Savings | Market News International

March 26, 2010

There are "some extremely exciting new proposals that hold great promise if they are put into practice," Justin King, federal policy liaison of the Asset Building Program at New America said in a panel discussion. ...

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