Strategies

Provide basic skills (e.g., reading, math, writing, English language, or soft skills) and industry-specific training with other supports; also called occupationally contextualized basic education programs

Build assets through child development accounts (CDAs) with contributions from a sponsoring organization, such as government agencies or nonprofits, and family, friends; also called children’s savings accounts (CSAs)

Support funds that help create or maintain affordable housing, subsidize rental housing, and assist homebuyers with low incomes and non-profit housing developers

Provide funding via tax credits at the state and local level to support development and rehabilitation costs of low income rental housing

Create designated tax districts that generate revenue to invest in affordable housing initiatives, blight remediation, and economic development efforts