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Raleigh, N.C. – The North Carolina Assets Alliance has been approved as the “lead state organization” for CFED’s Assets & Opportunity Network, a new national network to promote economic opportunity and expand wealth.

As the lead state organization, the Alliance will serve as the key state partner for CFED’s work in advocating for and implementing asset-based strategies.

The UNC Center for Community Capital is a member of the Alliance, and center research associate Jessica Dorrance serves on its executive steering research committees.

The purpose of the new network is to serve as both a learning community and advocacy community – to enhance member capacity to advocate and deliver asset services and to foster growth of assets movement that lead to opportunities at scale. It is conceived as a hub of action for local, state and federal policy advocacy as well as program implementation.

A movement‐oriented group of advocates, practitioners, policymakers and others nationwide, the network focuses on expanding the reach and deepen the impact of asset‐based strategies. Network members are on the frontlines of state and local policy advocacy, coalition‐building and service delivery.

The North Carolina Assets Alliance (www.ncassets.org) is a statewide coalition of public, private and nonprofit organizations whose shared vision is to expand economic opportunity and build a more stable financial future for all North Carolinians. The N.C. Assets Alliance educates the public and policymakers about asset-based strategies that connect households and communities to work and income supports, provide opportunities to generate savings, and build and protect assets.

The UNC Center for Community Capital is the leading center for research and policy analysis on the transformative power of capital on households and communities in the United States. The center is part of the College of Arts and Sciences at the University of North Carolina at Chapel Hill. Its in-depth analyses help policymakers, advocates and the private sector find sustainable ways to expand economic opportunity to more people, more effectively. For more information, visit www.ccc.unc.edu or call (919) 843-2140.


Topics(s): Consumer Protections, Debt & Credit, Financial Inclusion, Savings & Asset-Building
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