Building Assets, Strengthening Families in Baltimore

By the Annie E. Casey Foundation

November 1, 2011

Summary

Since moving to Baltimore in the 1990s, the Casey Foundation has helped support efforts to strengthen financial stability of the city's residents through supporting numerous initiatives and policies. They have also underwritten research and policy papers that make the case for such strategies both locally and nationally. 

This report provides an overview of the key components of Casey’s financial stability activities in Baltimore and, increasingly, the state of Maryland. It is a case study of how this multipronged strategy has been developed and implemented in Baltimore and offers insights for others doing this important work in their communities.

The five community-based organizations highlighted in this report are: Baltimore CASH Campaign, Maryland CASH Campaign, Maryland Consumer Rights Coalition, Baltimore Homeownership Preservation Coalition and Bon Secours Community Works.

Table of Contents

Key Takeaway

building savings and accumulating assets to obtain financial security

Many low-income families in Baltimore and around the nation find it nearly impossible to build savings and accumulate assets that will generate financial security. They pay too much for basic services, often lack financial expertise, and have inadequate access to products and services they need to get out of their situation. 

Findings & Stats

Statements & Quotations