Downpayments
on the American Dream Policy
Demonstration (ADD)
The Downpayments
on the American Dream Policy Demonstration (ADD) was the first large
test of the efficacy of Individual Development Accounts (IDAs) as a
route to economic independence for low-income Americans. Thirteen community-based
organizations from around the country operated IDA programs as part
of the Demonstration. By the Demonstration's completion, these organizations
established 2,364 IDAs in their low-income and asset-poor communities.
This Demonstration also catalyzed and connected a rapidly expanding
field of community-based IDA programs around the country.
Eleven
foundations provided support for this demonstration and research. They
are the Ford Foundation, Charles Stewart Mott Foundation, Joyce Foundation,
Citigroup Foundation, F. B. Heron Foundation, John D. and Catherine
T. MacArthur Foundation, Fannie Mae Foundation, Levi Strauss Foundation,
Ewing Marion Kauffman Foundation, Rockefeller Foundation, and the Moriah
Fund.
View partner
sites.
View a
detailed description of the ADD
research.
View a complete list of ADD
publications.
View the agenda and presentations for
the 2005 ADD
Research Conference.
Management
Information System for IDAs (MIS IDA) tracks participant savings
in ADD, and MIS IDA is used by most other IDA programs.
If you
have comments, suggestions, or questions, please contact Lissa
Johnson, ADD Project Director.
