Asset Poverty Content
Asset Poverty
31.6% of Black Households in Illinois Have Negative or Zero Net Wealth
This post is written by Amber Blatt, the Heartland Alliance Policy & Advocacy Intern. New data from Prosperity Now finds that Illinois families are still struggling to...
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Racial Equity
Racism’s Toll: 2016 Report on Illinois Poverty
Our long history of racist public policies and institutional practices have left people of color in Illinois with limited resources to build financial security for themselves...
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Asset Poverty
Illinois Poverty Report: Racism’s Toll
Every February, during Black History Month, we celebrate the civil rights victories of African Americans – successful efforts to combat injustice and racism. However,...
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Consumer Protections
CFED 2016 Assets & Opportunity Scorecard: Illinois
CFED’s 2016 Assets & Opportunity Scorecard offers the most comprehensive look available at American’s ability to save and build wealth, fend off poverty and create a...
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Asset Poverty
38.3% of Illinois Households are in a Perpetual State of Financial Insecurity
A new report from the Corporation for Enterprise Development (CFED) found that 38.3% of Illinois households are locked into a “new normal” of perpetual financial...
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Asset Poverty
38.3% of Illinois Households are in a Perpetual State of Financial Insecurity
Lucy Mullany CFED A new report from the Corporation for Enterprise Development (CFED) found that 38.3% of Illinois households are locked into a “new normal” of perpetual...
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Asset Poverty
Working Family Tax Credits Permanently Expanded
The Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) were temporarily expanded in 2009 to help families struggling during the Great Recession. Over the last...
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Asset Poverty
Protect the Federal EITC and the Child Tax Credit
In 2013, 1,012,292 households in Illinois claimed the federal EITC. According to new data released by the Brookings Institution, 867,541 households claimed the Child Tax...
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Asset Poverty
Family Assets Count: Chicago
In Chicago 20% of families live in poverty, but far more (49%) are financially vulnerable. These “liquid asset poor”families do not have enough savings to live above the...
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