Assets for Independence (AFI) Program Evaluation

The AFI program funded Individual Development Accounts and financial education, with the goal of increasing savings and asset accumulation by low-income families. This project, for the Administration for Children and Families, was a random assignment evaluation of AFI focusing on short-term outcomes such as savings, savings patterns, asset purchases, and material hardship. As a subcontractor to the Urban Institute, MEF Associates led tasks related to site selection and recruitment, data collection support, and random assignment implementation, and contributed to the implementation study.

PUBLICATIONS:
Building Savings for Success: Early Impacts from the Assets for Independence Program Randomized Evaluation
POLICY AREAS:
Asset Building and Financial Empowerment
METHODOLOGIES:
Implementation and Process Studies | Interviews and Focus Groups | Randomized Control Trials (RCTs)
STAFF:
Sam Elkin