#ReConf2014 | NeighborhoodPartnerships.org

Welcome to the

Morning Plenary

#ReConf2014 | NeighborhoodPartnerships.org

View Prezi at: http://prezi.com/fcmyx4w9dh1a/oregon-ida-network/

Financial Security in Oregon Communities:

CFED’s Assets and Opportunity Network

Financial Security in Oregon Communities

Financial Security in OR Communities:

CFED’s local data

Financial Security in OR Communities:

CFED’s local data

Financial Security in OR Communities:

CFED’s local data

Financial Security in OR Communities:

CFED’s local data

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute

916

1723

2448

2891

3541

4210

0

500

1000

1500

2000

2500

3000

3500

4000

4500

2008 2009 2010 2011 2012 2013

Figure 1. Number of Active IDA Participants by Year (2008-2013)

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute Evaluation

Oregon IDA Initiative’s Impacts:

Demographics

Asian4% Black /

African American

7%

Native American5%

Native Hawaiian or other Pacific

Islander1%

Other/Multiple14%

White69%

Hispanic, 27%

Not Hispanic,

70%

Unknown, 3%

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute Evaluation

Micro-enterprise27%

Education37%

Employment related equipment and Assistive

Technology1%

Home Purchase32%

Home Renovation3%

Figure 2. Oregon IDA Initiative Savings Categories

(2008-2013)

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute Evaluation

19%

31%

21%

42%

62%

73%

57%

80%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Habit of Savings Use of Budget Financial Resilience Satisfaction with Financial Status

Figure 3. IDA Graduates Financial Wellbeing Over Time Entry to Exit

Program Entry Program Exit

Survey respondents said:

Concrete impact:

– “I have a house!”

– “It helped me start my business…has brought me the

most financial stability I’ve ever had.”

– “I am no longer in debt and my credit score significantly

increased”

Changed behaviors:

– “I now have a little nest egg for when things in life

accidentally happen. I feel more secure about my future

and don't worry as much about money ”

– “I learned I can save, create goals, and make them

happen.”

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute Evaluation

Longer term impacts

“…realizing the impact that even saving $20/month can have

over time. I have gained the confidence, courage to branch

out.”

“My house helps me become a better neighbor and creates a

legacy for me to pass on generationally”

“I am thrilled to have earned my master's degree, which has

afforded me greater self-esteem and provided a good role

model for my daughter.”

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute Evaluation

Oregon IDA Initiative’s Impacts:

PSU’s Regional Research Institute Evaluation

Oregon IDA Initiative’s Impacts:

Project Impact Interviews

• Having means, means a whole lot

• Hope in Change

• Dancing to the beat of your own IDA

#ReConf2014 | NeighborhoodPartnerships.org

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