This two-page issue focus uses infographics to explain a groundbreaking demonstration project that tests the impact of a new work-based earnings supplement, similar to the Earned Income Tax Credit (EITC), on economic and social outcomes for single adults.
A New Antipoverty Strategy for Single Adults
This 12-page brief describes a pathbreaking demonstration project testing an enhanced Earned Income Tax Credit for low-income single adults without dependent children in New York City. Paycheck Plus aims to improve participants’ economic well-being while promoting employment and other positive outcomes.
Implementation and Interim Impact Findings from the SaveUSA Evaluation
This report describes the early effects of a program helping low- and moderate-income families build up unrestricted-use savings via tax refunds. Individuals who save a pledged amount for a year earn a 50-percent match payment. After 18 months, SaveUSA had increased the percentage of individuals with savings and boosted average savings amounts.
This paper examines the quality of evidence regarding the effectiveness of efforts to promote access to mainstream credit, banking, and financial services for low-income people and offers recommendations for strengthening the evidence base of such programs.
Many U.S. households do not have enough savings to help manage temporary losses of income or increased expenditures from unexpected events. Increased savings might particularly help low- and moderate-income families avoid resorting to high-cost (sometimes “payday”) loans or failing to meet monthly rent bills and minimum credit card payments.
The New York City Center for Economic Opportunity has selected MDRC and its partners to implement and evaluate a pilot program to simulate an expanded EITC in New York City for low-income single workers without dependent children, with the goal of increasing employment and earnings and reducing poverty.
Preliminary Implementation Findings from the SaveUSA Evaluation
SaveUSA, a pilot program in New York City, Newark, San Antonio, and Tulsa, offers a matched savings account to low-income tax filers, building on the opportunity presented by tax-time refunds, especially the Earned Income Tax Credit. This 12-page brief offers early implementation findings.
Early Findings from a Program for Housing Voucher Recipients in New York City
Opportunity NYC–Work Rewards is testing three ways of increasing work among families receiving housing vouchers — services and a savings plan under the federal Family Self-Sufficiency (FSS) program, the FSS program plus cash incentives for sustained full-time work, and the cash incentives alone. Early results suggest intriguing positive findings for certain subgroups.
The Family Self-Sufficiency (FSS) program is the main federal program for increasing employment and earnings and reducing reliance on government subsidies among recipients of housing subsidies.
The Social Innovation Fund (SIF), an initiative enacted under the Edward M.