Indiana Assets & Opportunity Network
Increasing Asset Acquisition for Low-Wealth Hoosiers

Network News

Navigating the Community Reinvestment Act

Join the Indiana Assets & Opportunity Network for a webinar featuring A&O Steering Committee Member Jake Brown, Assistant Vice President and Manager, CRA at First Merchants Bank, for a discussion on getting the most out of the community reinvestment act (CRA), the changes being discussed at the federal level, and more.

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Kathleen Taylor
The Importance of Fair Housing in Asset Building

With the month of April denoted as Fair Housing Month, I found it important to note the close ties between fair housing and asset building. Homeownership is one of the key ways families build assets. In order to lead strong, stable lives, families need to be able to buy or rent stable housing, which is the fundamental purpose of the fair housing laws.

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Kathleen Taylor
Standing In Opposition to Senate Bill 613

Dear Members of the Indiana General Assembly,

The undersigned organizations ask for your support to establish a 36 percent APR cap on small loans in Indiana. These loans are currently offered at rates of up to 391 percent APR. We also ask you to reject any bills establishing new loan products or expanding the allowable fees or interest on existing loan products if they exceed this 36 percent threshold, and apply the 36 percent threshold only to small loans.  

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Kathleen Taylor
Hoosiers Reject Senate Bill 613

On March 11, Prosperity Indiana and the Indiana Assets & Opportunity Network were joined by dozens of military and veterans’ groups, faith-based organizations and churches, social service providers, community organizations, concerned citizens, and more at the Statehouse for a Reject Senate Bill 613 press conference. 

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Kathleen Taylor
Midwest Asset Building Conference 2019: Request for Presenters

The members of the Midwest Asset Building Conference Planning Committee [The Community Economic Development Association of Michigan (CEDAM), Illinois Asset Building Group, Prosperity Indiana/the Indiana Assets & Opportunity Network, Ohio CDC Association and Minnesota Asset Building Coalition] are currently seeking innovative and engaging speakers and presenters focused on asset building and financial empowerment in the Midwest.

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Kathleen Taylor
In the News: Effort to legalize 'loan shark' rates could bring a new breed of lender to Indiana

The Indiana Senate is poised to vote on a measure Tuesday that would allow payday and subprime lenders to charge interest rates on small loans at levels currently classified as felony loan sharking. 

The payday loan industry has pushed for similar legislation for the past three years, only to be rebuffed amid concerns from social service organizations and others who see such high-interest rates as predatory.

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Kathleen Taylor
Meet the Breakfast Presenters

During the Indiana Assets & Opportunity Network Breakfast on January 30, attendees will be the first to learn of new changes that are coming to the Network. They will also have a chance to hear from multiple A&O Steering Committee members. Meet the breakfast presenters by reading their bios below:

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Kathleen Taylor
Financial Literacy 101: College Savings, Loans, and More

Welcome to the start of a new semester…one ripe with opportunity, learning, social awkwardness - if you’re anything like I was in college – and, of course, all of the costs associated with it.

If you’re like a lot of people in the United States, you’ve probably thought a lot about having to pay for you, your child, your grandchild, and/or anyone else close to you, to go to school.  I’ll admit that it’s a pretty daunting thing to deal with, especially when you look at how it will affect your financial life.  While I’m not going to attempt to write something that will make all of your worries go away, I wanted to take this opportunity to talk about various ways you can pay for school and mention a few things you should not do.

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Kathleen Taylor
Asset Building Opportunities Lag for 15 Million Single Women

According to a new brief from the Asset Funders Network, women age 45 - 65 represent the first generation to benefit from expanded access to higher education, credit, and other asset building opportunities. The opportunities stem from policy changes that came about as part of the civil rights and women’s movements in the 1960s and 1970s.

However, although record-breaking numbers of women are graduating from college and starting businesses, 15 million single women - namely Black and Latin women - have experienced substantial wealth loss in the past 20 years.

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Kathleen Taylor
How to Develop Work Based Learning Experiences

With a projected million middle skills jobs opening up in Indiana by 2024, skills-based/work-based learning is changing the way educators and employers are training, recruiting, and retaining talent to fill future workforce needs.

Work-based learning (WBL) offers a unique opportunity for individuals from diverse backgrounds to develop first-hand knowledge and skills beyond the classroom environment through industry exposure and on the job training. It provides employers with a platform to align their training needs with the actual skills necessary to be successful on the job.

Here are a few guidelines to use when building successful work based learning experiences:

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Kathleen Taylor