Strategies

Policies and programs that work

7 Strategies
Clear all

Baby bonds

Establish publicly funded investment accounts for every newborn, accessible at age 18
Evidence Rating:
Expert Opinion
  • Income

Child development accounts

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)
Evidence Rating:
Expert Opinion
  • Income
  • Education

Housing reparations

Apologize for discriminatory housing policies; increase subsidies, financing, and paths to homeownership for people of color; and invest in systematically disadvantaged neighborhoods
Evidence Rating:
Expert Opinion
  • Income
  • Housing and Transit

Microfinance & microenterprise

Support programs that provide small loans, usually to individuals with lower incomes, to start or expand a small business, often with business development training and other technical assistance
Evidence Rating:
Expert Opinion
  • Income

Payday loan regulations

Regulate short-term loans that must be repaid by a borrower’s next pay day via bans, caps on maximum interest rates and loan amounts, or require minimum loan terms and credit cost
Evidence Rating:
Mixed Evidence
  • Income

Reparations for descendants of enslaved people

Apologize for the history and legacy of slavery and provide direct payments or community investments to descendants of enslaved people
Evidence Rating:
Expert Opinion
  • Income
  • Family and Social Support