|
http://www.researchforum.org/project_general_454.html |
|
|
Evaluation of the American Dream Demonstration
General Information
View a brief abstract of this project.
| Evaluator(s) |
Abt Associates, Inc. |
| Investigator(s) |
Gregory Mills
(Abt Associates, Inc.)
|
| Domain |
Income Security/TANF |
| Status | Completed (final report released) |
| Type |
Research and/or Program Evaluation |
| Program/Policy Description |
This study examines the effects of individual development accounts (IDAs) on the savings and asset accumulation of low-income individuals. IDAs are subsidized savings accounts that are
targeted for special purposes typically for homeownership, business capitalization, and postsecondary education, but also (under some programs) for home repair or improvement, vehicle purchase, and retirement. The subsidy is provided in the form of funds that match the account holder's withdrawals for allowable asset purchases, at match rates that can exceed 1:1. In the Tulsa experimental IDA program, the allowable account uses were home purchase or
repair/improvement, post-secondary education, microenterprise startup/expansion, or retirement.
This research is based on an evaluation conducted at the Tulsa, Oklahoma IDA program operated by the Community Action Project of Tulsa County (CAPTC). CAPTC is a multi-service community action agency whose clients are low-income residents of the Tulsa metropolitan area. The Tulsa program was one of a series of local IDA projects initiated under the American Dream Demonstration (ADD). |
| Notes | No notes reported. |
| Last Updated | 10/30/04 |
| Type of Summary | Unreviewed |
| Contact(s) |
Gregory Mills (not reported)
Abt Associates, Inc. 55 Wheeler Street (T) (617) 349-2823 (F) (617)-492-5219 |
| Submitter(s) |
Research Forum Staff (info@researchforum.org)
National Center for Children In Poverty 215 West 125th St, 3rd Fl (T) (646)284-9600 (F) not reported |
Populations Studied
| Target Population |
Recipients/participants/clients Low-income households |
| Subgroups Analyzed |
Other |
| Sample Size and Unit | Random assignment of n=1,103 IDA Eligible individuals (537 Treatment group; 566 control group) |
| Execution | No notes reported. |
Sites Studied
Tulsa, OklahomaProgram Components, Policies, and Activities Evaluated
Financial incentives
Administration/Implementation
| Variation in program components across sites? | Yes |
Outcomes Assessed
Standard of living
Income security
Types of Studies
| Type | Impact Study (Controlled Experiment) |
Data Sources
| Source | Administrative data |
| Source | Interview |
| Source | Survey |
Findings Available
Final Impact FindingsRecommendations
Existing Publications
| 08/14/04 | Evaluation of the American Dream Demonstration: Final Report | Abt |
|
|