Rural Family Economic Success Action Network
Helping low-income rural families earn more, keep more of what they earn, and grow what they keep into assets.
The Basic Idea: Create asset-restricted savings programs for low-income families, which include matching government and private funds to further encourage savings. How it works: Families agree to save a small amount each pay period or every month towards purchasing an asset—usually within one to three years. Eligible assets include homes, businesses and higher education—sometimes automobiles and […]
The Basic Idea: Help low-income rural families purchase new or late-model, fuel-efficient, reliable cars. How it works: A nonprofit organization creates a car dealership to sell cars to low-income families – or partners with another nonprofit that already has a dealership to obtain cars. The dealership buys late-model, fuel-efficient, reliable cars at auction or buys […]
Rural Family Economic Success Action Network 