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 History of the Coalition
Created in 2004 following a merger of the Self-Sufficiency Steering Committee and the Asset Building Coalition of Western New York, the primary goal of Creating Assets, Savings, and Hope (CASH) Buffalo is to increase the stability of low-income families by increasing access to tax credits and other social program benefits; improving financial literacy, and providing opportunities for affordable housing and other asset development.
Since its inception, over sixty community-based organizations, government agencies, and banks have joined the coalition to further develop these coordinated and proactive development strategies. CASH hopes to increase participation among housing and neighborhood organizations, schools, and employers of low-wage workers among others in the upcoming year.
CASH's three-year strategic plan includes a detailed work plan that focuses on four primary strategies:
- Strengthen our Free Tax Preparation Network
- Broaden the use of tools to determine eligibility for income supports
- Increase coordination and consistency of financial education programming
- Expand the use of Individual Development Accounts (IDAs).
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