New England CSA Consortium: Indicators, Delivery Systems, and More Momentum!

Tuesday, March 24, 2015

Like the snow, AEDI's work with the Federal Reserve Bank of Boston has continued in the time since we returned from Boston last winter! We've been working together on a paper outlining delivery systems for children's savings accounts, providing some consultation on policy developments in the City of Boston and the states of New Hampshire, Vermont, and Massachusetts, and having phone calls with CSA champions in Maine and Rhode Island, as well as with leading thinkers at the Fed. This week, we're back for more work onsite, and we're thrilled with what's afoot in the region (if a bit overwhelmed by the snow piled up on the roadsides)!

  • Vermont's CSA legislation is moving through the legislature, with hearings coming up and support from the Administration.
  • The City of Boston is proceeding with its pilot program, with support from the Eos Foundation.
  • New Hampshire has 1/2 of the funding it needs for its CSA pilot, with options for the rest in the works.
  • Maine and Rhode Island are in full implementation and considering the best evaluation approaches to document their impact.

Tomorrow, we'll present about delivery systems and share some of the insights from last December's CSA field convening about options for taking CSAs to scale. We'll also get to hear updates from the states about their asset-building efforts, and participate in the open exchanges that characterize this one-of-a-kind regional gathering. Part of our collaboration with the Boston Fed includes the production of a policy paper about CSAs in the region, and it's a considerable effort just to stay up on everything that's happening in these asset-oriented communities! We remain grateful to be part of this work and tremendously optimistic about how New England can play a constructive role in national CSA policymaking.

Make sure you're following us on Twitter for updates from New England this week and for policy news from the region in the months to come. By the time the snow thaws, this part of the country will be blanketed in progressive children's asset policy, instead!

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