Evaluation Design for the Next Phase Evaluation of the Assets for Independence Program, Final Literature Review

Research Report

Evaluation Design for the Next Phase Evaluation of the Assets for Independence Program, Final Literature Review

Abstract

Based on our review and synthesis of the individual development account (IDA) literature, findings in this report include that IDA accounts (in the short-term, five years after program entry) help low-income families become homeowners, start or expand a business, or pursue secondary education. Studies to date have found no relationship between IDA program participation and net worth. The report reviews empirical evidence on the effect of IDA program participation and project design features on outcomes and highlights remaining gaps in the literature. <br><br>

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