Stay Informed!

By Sean Luechtefeld on 02/17/2012 @ 10:45 AM

Tags: Assets & Opportunity Initiative, Financial Empowerment, Local Policy

Yesterday, CFED’s Vice President for Policy & Research, Ida Rademacher, joined Communities Foundation of Texas (CFT) in Dallas for the release of the city’s Assets & Opportunity profile, published by CFED and commissioned by CFT and the Thomson Family Foundation.

The report, which you can read about here, reveals that two out of every five households (39%) in Dallas live in asset poverty, or roughly twice the number of families (19%) who live in income poverty. To find out how Dallas compares with the rest of Texas and with the nation, visit the 2012 Assets & Opportunity Scorecard.

Yesterday’s release event featured a press conference and legislative briefing which were attended by a full slate of city officials and nearly 300 nonprofit leaders from the Dallas region, including Assets & Opportunity Network lead local organization YWCA of Metropolitan Dallas and lead state organization RAISE Texas. Here at CFED, we’re especially excited about how the data has been received; the Assets & Opportunity profile and its release have been covered in, among other venues, the Dallas Morning News and the Dallas Observer. This high-profile coverage illustrates the potential asset poverty has to become part of a robust dialogue, not only in Dallas, but nationally as well.

We hope you’ll take the time to view the report for Dallas and join us in thanking CFT for coordinating this important event.

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