February 2016 Newsletter

Approaching the Finish Line: Week 4 Legislative Update

Oregon Housing Alliance

The clock is ticking, and we need legislators to produce a strong set of housing policies to preserve and increase housing opportunity for Oregonians. While key policy bills continue to move through the process, we do have great news that Housing Alliance funding priorities have made it into the budget recommendations! This includes:
  • Emergency Housing Account and State Homeless Assistance Program: $10 million
  • Preservation of existing affordable housing units: $2.5 million
  • Foreclosure counseling: $2.73 million
Here’s a full update for the fourth week of the 2016 session...
Continue Reading on OregonHousingAlliance.org
Oregon IDA Initiative
  • The bill that allows IDAs to be connected to the 529 college savings mechanism has passed the House and Senate and is on the way to the governor to sign. 
  • The bill that seeks to reinstate a limit on donations that qualify for the tax credit, which will ensure the stability of our donor base in the years to come, has passed the Senate and is on to the House Revenue Committee. 

Board Member Profile: Brian Stewart, Chair

If you work in asset building, chances are that you know Brian Stewart. For four years Neighborhood Partnerships has been fortunate to have Brian as our Board Chair and for 20 years Brian has been a leader in the Asset Building movement.
His contributions date back to 1996 when he participated in the American Dream Demonstration (ADD) project with Human Solutions in Portland, OR.
Brian has worked closely with Reach Community Development to help launch a Youth IDA program called Youth$ave. He participated as a “proposal reviewer” for Health & Human Services and their “Assets for Independence Act (AFIA)" in Washington, D.C. and he attended multiple IDA Learning Conferences including Oakland, Austin, Phoenix, Windsor, Canada, and Washington, D.C.
Brian helped champion a source of “matching funds” in the State of Oregon for the Oregon Individual Development Account (IDA) Initiative – still the largest state-funded IDA program.
Andrea Levere, President of CFED had this to say about Brian:
Brian Stewart stands out among his banking peers for the length and depth of his support for expanding opportunity and building assets for low-income families and individuals. He has been an extraordinary partner to CFED (Corporation for Enterprise Development) for over 20 years, helping to spread the early innovations such as Individual Development Accounts (IDAs) to our most recent work bridging the Racial Wealth Divide. He has advocated for effective state policies while promoting best practices among bankers and nonprofits to promote savings, expand financial capability and build wealth. He truly embodies corporate social responsibility at the highest levels, and our communities are better off because of him.
We’re grateful for Brian and his continued efforts to provide thoughtful leadership and funding to expand financial capabilities for families throughout the Northwest Region.

Save the Date for the 2016 RE:Conference

We think you’ll want to plan to be at this year's RE:Conference.

Tuesday, Nov. 15 will be a  day to gather with colleagues for in-depth conversations about housing policy, the Oregon IDA Initiative, and asset building in Oregon. We’re excited about this opportunity to gather, learn from one another, and discuss the future. 
Tuesday afternoon the RE:Conference kicks off with a reception, the ever-popular IDA Marketplace, and conversations with policy and elected leaders about moving our priorities forward.

Wednesday, Nov. 16 the 2016 RE:Conference continues.  Join us for stimulating conversations, engaging workshops, and networking with  partners from all parts of the state. The housing and asset-building worlds will come together to share ideas, forge connections, and plan for 2017. 

Details to come. Click the button below to sign up for email updates about the conference schedule and early bird discount.
Get Conference Update Emails

How Oregon Families Could Enroll in Children’s Savings Accounts

The Oregon Asset Building Coalition Steering Committee and Technical Advisory Committee are deep in the design phase of our CSA campaign. How children are enrolled is one of the key questions we’ve identified.

Read On...

Links Worth Clicking:

Tools to use CFED's Assets & Opportunity Scorecard:

"WA State has introduced CSA legislation & we're excited to see what they come up with!" from OR ABC ‏@ORAssetBldg  

Here are some great ideas about how @USTreasury can support states' efforts to build CSAs!

NP's Testimony in support of increasing the amount of the state #EITC.

In an Improving Economy, Places in Distress [The New York Times]

CONSUMER ENGAGEMENT: Helping People Want What They Need

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