Andrea Levere, President
Areas of Expertise: Assets & Opportunity Scorecard, Children’s Savings Accounts, Entrepreneurship, Federal Policy, IDAs, Local Policy, Savings & Financial Capability, State Policy
Andrea Levere has led the Corporation for Enterprise Development (CFED) as its president since 2004. CFED is a private nonprofit organization with the mission of building assets and expanding economic opportunity for low-income people and disadvantaged communities through financial inclusion and capability, matched savings, entrepreneurship, and affordable housing.
CFED designs and operates major national initiatives that aim to expand matched savings for children and youth, integrate financial capability services into systems serving low-income people, bring self-employed entrepreneurs into the financial mainstream and increase access to affordable housing. CFED operates a comprehensive public policy program to build and protect assets at the local, state and federal levels, and produces the nationally recognized Assets and Opportunity Scorecard. CFED operates the Assets & Opportunity Network, comprised of nearly 2,000 General Members and 90 Network Leaders who advocate for asset-development and asset-protection policies at the municipal and state levels. CFED also operates the Taxpayer Opportunity Network, which represents over 1000 providers of community tax preparation services.
Under Ms. Levere’s leadership, CFED launched the Campaign for Every Kid’s Future at the 2015 Clinton Global Initiative (CGI) America. The Campaign will support the growth of the CSA field over the next five years, with an ambitious goal to ensure that at least 1.4 million children receive an account by 2020. For the past decade, CFED has led I’M HOME: Innovations in Manufactured Homes, which promotes market transformation for the owners of manufactured homes through new production, community conversions, public policy and access to fair and affordable single family finance. Most recently, CFED launched the Racial Wealth Divide Initiative to help CFED address racial wealth inequality by building capacity for organizations of color, promoting policies that address the racial wealth gap and integrating a racial equity lens into all CFED’s programs.
Prior to joining CFED in 1992, she was a director with the National Development Council. At NDC, she was a lead trainer for the Economic Development Finance Certification Program and designed and conducted “Taking Care of Business,” a financial management program for entrepreneurs while also working with cities and states to structure financing for small businesses, affordable housing and urban development projects.
In 2016, the Board of Governors of the Federal Reserve System appointed Ms. Levere to its Community Advisory Council. The Council provides advice and recommendations to the Board on a wide range of issues including those that affect low-income and communities of color. She also serves as the Chair of ROC USA (Resident Owned Communities USA), a national social venture that converts manufactured home parks into resident owned cooperatives. She is a member of the FDIC’s Committee on Economic Inclusion, Morgan Stanley’s Community Development Advisory Board, and Capital One’s Community Advisory Council. In 2013 President Obama appointed Ms. Levere to the National Cooperative Bank’s (NCB) Board of Directors to represent the interests of low-income consumers. Ms. Levere served as chair of the board of the Ms. Foundation for Women from 2002-2005, after being on its board since 1998.
Ms. Levere holds a bachelor’s degree from Brown University and an MBA from Yale University. In 2001, she received the Alumni Recognition Award from the Yale School of Management and in 2008 was named to the inaugural class of its Donaldson Fellows Program, which recognizes alumni who help educate business and society leaders.
Going Mobile: CFED President Andrea Levere Opinion in New York Times Sunday Review
CFED President Andrea Levere Responds to President Obama's 2014 State of the Union Address
President Barack Obama Appoints CFED President Andrea Levere to NCB Board of Directors
"How the Road to Financial Security is Paved with Financial Capability," in What It's Worth: Strengthening the Financial Future of Families, Communities and the Nation
Andrea's Opening Remarks at "The Forgotten 40 Percent" Panel Discussion
Andrea's 2012 State of the Field Address
Andrea’s Remarks at the Municipal Report Release Event
Andrea’s ALC2010 Remarks
Andrea on SEED as a National Policy
Andrea's 2014 State of the Field Address
Andrea’s 2010 State of the Field Address
Follow Andrea on Facebook and Twitter!
Most Recent Blog Posts
Feb 24, 2017
I had the pleasure of hosting a Twitter chat to kick off America Saves Week.
Feb 10, 2017
In late December, NPR’s “All Things Considered” featured a two-part series on life in manufactured home communities.
Feb 3, 2017
CFED President Andrea Levere, Senator Sherrod Brown (D-OH) and partners from throughout the field here on Capitol Hill to talk reducing inequality and promoting opportunity at tax time and beyond.
Jan 27, 2017
The first message in CFED President Andrea Levere’s weekly message series!
Nov 10, 2016
While the creation of the social safety net was one of the crowning achievements of the 20th century, the economic changes of our time demand more if we expect to help families stabilize their financial lives and escape the cycle of poverty.
Nov 10, 2016
There is one thing that I know for sure and it is that our work - to reduce wealth inequality and enable all families to achieve financial security - is more vital than ever.
Mar 16, 2016
But by pairing What It’s Worth’s essays with the data from the 2016 Assets & Opportunity Scorecard, we can both measure the size of the challenge facing communities of color and think creatively about new solutions.
Jan 11, 2016
“Financial well-being and financial health are preconditions for nearly all the long-term outcomes that collectively enable people and places to thrive.”
Dec 10, 2015
The perilous state of American family finances cannot be solved by a few new policies alone. Instead, the situation demands action from all the players in the system, including the business community, education leaders, non-profits and government agencies.
Oct 19, 2015
While Americans of all backgrounds have experienced significant losses of wealth since the recent recession, Americans of color have suffered the most.
Sep 4, 2015
Helping workers better manage their finances and save more effectively should be part of any comprehensive work benefits package.
Jun 9, 2015
The Campaign for Every Kid’s Future will connect 1.4 million children to asset-building savings accounts by 2020.
May 1, 2015
It is about giving people the tools they need to spend, save and invest their money.
Apr 29, 2015
Here is what we have learned from integrating financial capability services into other organizations that serve low- and moderate-income people.
Apr 8, 2015
Despite careful exploration, including diminished wealth, financial insecurity, and isolation of the poor from our communities and civil society, the book offers only a broad-brush explanation of what caused the problem
Mar 27, 2015
Final Rules Need to More Forcefully Address Ability of Borrowers to Repay Loans and Ensure Online Lenders Follow State Consumer Protection Laws
Mar 3, 2015
The economic recovery has not benefited Americans equally. We all know that. But few facts underscore that point more clearly than
May 1, 2014
Last week, the Foundation Review published an article not to be missed—“The Urgency of Now: Foundations’ Role in Ending Racial Inequity.”
Apr 29, 2014
The top-selling book on Amazon.com right now, amazingly enough, happens to be a 696-page treatise on economic history written by a Frenchman.
Feb 12, 2014
Can you imagine a child in preschool with her own bank account? How might she feel as she takes a trip to the local bank or credit union branch?
Feb 5, 2014
Next Wednesday, February 12, CFED President Andrea Levere will be featured on a webinar highlighting her fellowship with the Aspen Institute's Ascend program.
Jan 9, 2014
Leading up to his famous declaration 50 years ago, LBJ first noted that "many Americans live on the outskirts of hope
Oct 31, 2013
My earliest experience with charity was collecting pennies and nickels in my orange UNICEF box on Halloween.
May 8, 2013
Democrats and Republicans on Capitol Hill have come together to develop a plan that would help the youngest students learn the benefits of depositing their money in a real bank and saving for a future that includes college.
Apr 11, 2013
The President's budget preserves our historic commitment to protect the nation’s most vulnerable households.
Mar 27, 2013
The foreclosure crisis. Homeowners “underwater.” Neighborhoods blighted with vacated homes.
Jan 9, 2013
As the difficulties facing Hurricane Sandy victims continue to mount many weeks after the storm, several options have been considered
Jun 1, 2012
In the current polarized political environment, many people assume that more government intervention equals more spending
Feb 15, 2012
The Aspen Institute today announced that Andrea Levere of Washington, D.C., will be in the inaugural class of its Ascend Fellowship program
Dec 13, 2011
A couple weeks ago, the kind folks at Opportunity Nation provided us with the video
Nov 28, 2011
This morning, CFED’s President Andrea Levere was a featured guest on “Forum
Nov 2, 2011
Tomorrow, the Opportunity Nation Summit will convene in New York City at the Apollo Theater,
Sep 21, 2011
This morning, CFED took its message of economic inclusion all the way to Wall Street as
Sep 6, 2011
Last month, I had the privilege of speaking on a Net Impact Call entitled “Closing the Wealth Gap.”
Jul 29, 2011
Earlier today, CFED President Andrea Levere gave a presentation to the National Urban League Conference
Jul 22, 2011
Last week, our friends at the Ford Foundation hosted The Just City: A Ford Forum on Metropolitan Opportunity
Apr 13, 2011
In his speech earlier this afternoon, President Obama rightly identified tax reform as a major part of the solution
Apr 11, 2011
EARN invites you to join our upcoming webinar on self-efficacy. Popular wisdom suggests
Mar 16, 2011
On behalf of everyone at CFED, I am excited to share with you the launch of CFED’s newest blog, The Inclusive Economy.
The Inclusive Economy is CFED’s online home for