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

Network News

In the News: One City, Worlds Apart

Although Indianapolis has experienced dramatic growth in the past few years, many low-income families are being left behind or forgotten by traditional financial institutions, worsening an already difficult situation.

“It is so expensive to be poor,” said Kathleen Lara, Prosperity Indiana Policy Director. “The barriers are multitudes. If we’re trying to address equity and building wealth for low-income individuals, we’ve got to reduce some of the barriers that drain wealth.”

Read this fantastic piece from the Indianapolis Business Journal outlining the financial burdens facing the lowest income families in our community, featuring comments from A&O Steering Committee members Erin Macey and Kathleen Lara, and A&O Network Manager Logan Charlesworth.

Kathleen Taylor