The United Way of Forsyth County in Winston-Salem, N.C. has a job opening for an Executive Director of Partnership for Prosperity. The community has a strong Bridges Out of Poverty initiative, making this an attractive opportunity for a Bridges champion, according to Phil DeVol, who called this to our attention. If you’re interested, click here. … Read more
Here’s a good example of removing a structural barrier from the paths of low-income individuals by addressing an exploitative practice at the policy level. Recently Gov. Jerry Brown signed legislation to eliminate cash bail in California. The change aims to treat both rich and poor fairly by eliminating a practice (widespread throughout the country) that … Read more
As new federal regulations have curtailed payday lending, private equity firms — including one headed by former U.S. treasury secretary Timothy Geithner, who in his role in the Obama administration condemned predatory lending — have stepped into the growing field of “consumer installment loans” to offer enticing, but exploitative, alternatives. One firm, Mariner Finance, stands … Read more
That’s what Stockton, CA is pondering. The city’s mayor will soon unroll an experiment to give $500 cash every month to a select group of families for about 18 months. You can read more about it here.
With the rising cost of housing and the stagnation of wages, many low-income workers depend on payday loans to make ends meet — at an average annualized interest rate of 390 percent. Now, a Democratic senator has proposed an alternative: low-cost banking through the postal system. It’s an idea that can be implemented without any … Read more
Emerge Solutions has expanded membership in its closed Facebook group, Emerge Best Practices, to include anyone who is on our email list or asks to be added to our list. Click here to request your free membership in the group and join the exchange of ideas to help end poverty. To be added to the … Read more
In case you missed it on March 20, here are a link to the webinar recording on Employer-Sponsored Small-Dollar Loans and a link to the slide presentation. Emerge Solutions board president, Stephen MacDonald, is featured from minutes 23-31. Additionally, you can go to the ESSDL webpage to download the Feasibility Study, Implementation Guide and Marketing … Read more
April 30 is the deadline for nominating a Getting Ahead or Investigations graduate to receive one of two $1,250 scholarships to the 2018 Addressing the Challenges of Poverty conference in Atlanta, Ga., Sept. 23-25, 2018. For more information and the nomination form, click here.
It’s not too late to steer your low-income clients and employees away from predatory tax preparation services. Amber Werner, financial literacy educator and Emerge Solutions board member, offers some tips.
Anastasia Howard has been elected vice-president of the Emerge Solutions Board of Directors. Ana has extensive experience in healthcare communications and is currently a writer/editor at First 5 LA, Los Angeles, Calif. Joining the board are three new members: Carrie Arnold, chief human resources officer, Sunshine Communities, Swanton, Ohio; Eschelle Gilkey, Ed.D., graduation success coordinator, … Read more