Asset Leveraging
Asset Leveraging includes policies and programs that enable individuals and families to transform savings into investment through capital ownership, such as buying a home or starting a business.
Asset leveraging policies are grouped into two subcategories:
1. Home Ownership
2. Business Ownership
Examples of Policy Solutions:
Home Ownership
- Pass statewide inclusionary zoning legislation
- Create a refundable renter's tax credit that can be used for homeownership
- Establish a state homeownership trust fund
- Allocate state funding for community land trusts
- Establish homeownership zones with tax increment capacity to reinvest in asset building
Business Ownership
- Authorize state funding for microenterprise
- Implement policies to reduce business costs for lower-wealth small business owners
California Resources:
Cabrillo Economic Development Association (Santa Barbara and Ventura Counties)
California Association of Microenterprise Opportunity (Statewide)
Central California Small Business Development Center (Tulare County)
Fair Housing Council of Orange County (Santa Ana)
Housing California (Statewide)
Jefferson Economic Development Institute (Mt. Shasta)
Lenders for Community Development (
Los Angeles Neighborhood Housing Services, Inc. (Los Angeles)
Mission Economic Development Agency (San Francisco)
Neighborhood House Association (San Diego)
New Economics for Women (Los Angeles)
Self-Help Enterprises (Central Valley)
Women’s Initiative for Self-Employment (San Francisco)
www.womensinitiative.org
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Would you like us to add your organization or business to this list? Send an email.
