FAIM Return on Investment Project
2007
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FAIM Return on Investment Project
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2007
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The intent of this project was a return on investment (ROI) analysis of the Family Assets for Independence in Minnesota (FAIM) program. FAIM is a matched-savings program that helps low-income working Minnesotans build assets through home ownership, higher education or microenterprise. Participants save up to $480 per year for two years, which is matched at a 3:1 rate ($480 savings matched by $1,440 for up to two years). All participants complete 18-hours of financial management and asset specific education. Education is required for receipt of match funds and is designed to help participants develop positive financial management skills for long-term economic prosperity.
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Prepared in partnership with West Central Minnesota Communities Action by the Community Assistantship Program (CAP), administered by the Center for Urban and Regional Affairs (CURA) at the University of Minnesota.
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Hofer, Eric. (2007). FAIM Return on Investment Project. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/195604.
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