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Pilot savings program shows potential of universal, statewide children’s savings plan

Written by Tom Feltner on April 20, 2010 - 12:00am

The task force is charged with developing recommendations for a universal, statewide children’s savings plan which could help ensure that all Illinois children have the opportunity to build assets. Opened at birth and linked to financial education, the accounts would offer youth and their families the tools and incentives to accumulate savings.  The proceeds could be used for long-term goals such as college or post-secondary training, buying a home, starting a business, or retirement.

Woodstock recognizes three local economic justice leaders at 25th Community Investment Reception

In particular, three leaders were recognized with the 2010 Community Investment Award for their exceptional contributions to Chicago-area communities. Rob Breymaier, Executive Director of the Oak Park Regional Housing Center, was honored for achievements including work with Fannie Mae to ensure that all communities would be fairly served by their lending, continuous national and local advocacy for fair housing, and active leadership in the Illinois Community Investment Coalition for over five years.

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