Policies & Programs

Policies and programs that can improve health

filtered by "Income" and "Support asset development"

6 results

Children's savings accounts

Establish dedicated children’s savings account (CSAs) to build assets over time with contributions from family, friends, and sometimes, supporting organizations; also called children’s development accounts (CDAs)

Evidence Rating:
Expert Opinion
Health Factor(s):
Income, Education

Financial education for adults

Provide one-on-one or group adult education programs that cover topics such as basic budgeting, bank use, credit management, bankruptcy, credit building and counseling, homeownership, retirement, divorce, etc.

Evidence Rating:
Insufficient Evidence
Health Factor(s):
Income

Individual Development Accounts (IDAs)

Support subsidized asset accumulation programs in which deposits by low and moderate income participants are matched by program sponsors; withdrawals must be used for qualified expenses to retain matching funds

Evidence Rating:
Mixed Evidence
Health Factor(s):
Income

Matched dollar incentives for saving tax refunds

Support programs that provide matched dollar incentives for low or moderate income individuals to place some or all of their tax refund in a savings account

Evidence Rating:
Some Evidence
Health Factor(s):
Income

Microfinance & microenterprise

Support programs that provide small loans, usually to disadvantaged individuals, to start or expand a small business, often with business training and other assistance

Evidence Rating:
Insufficient Evidence
Health Factor(s):
Income

Payday loan regulations

Regulate small, short-term loans that must be repaid by a borrower’s next pay day via bans, caps on maximum interest rates and loan amounts, minimum loan terms, truth in lending statements, etc.

Evidence Rating:
Insufficient Evidence
Health Factor(s):
Income