Additional Authors

Ulmer, Ann

Publication Date

7-1-2005

Summary

The purpose of this paper is to describe successful examples of wealth building in rural areas through the mechanism of individual development accounts (IDAs). a review of available literature, supplemented by a limited survey of selected programs, provides an overview of the issues associated with operating IDA programs in rural America, a set of ‘action factors’ that help define success, and some initial observations on rural IDA programs. an appendix gives details on each of the selected programs. This paper is one of a series on wealth building in rural America.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Schumacher, J., & Ulmer, A. (2005). Examples of successful wealth building in rural areas (CSD Working Paper No. 05-48). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K7BZ65MD

Project

Wealth Building in Rural America Project

Keywords

IDA, individual development account, Rural, SAPP, asset accumulation, savings outcomes

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