Impact of IDAs in New Mexico
In the short history of New Mexico’s involvement in the Individual Development Account (IDA) economic and workforce development strategy, the effort has seen notable results. Key to this strategy is the ability for each participant to establish their own goals; to understand that self-improvement is up to them; and to drive their own success through consistent financial savings, rigorous financial empowerment, and increased financial savvy.
Impact of Prosperity Kids
At the close of 2017, Prosperity Kids had 565 children in the program, making a significant impact on the families in Albuquerque's South Valley neighborhood. Compared to other CSA programs, the families in the Prosperity Kids program have the highest savings rate in the nation!
A number of scholarly articles have been written about the Prosperity Kids pilot program. We invite you to download the reports below and are grateful to Dr. William Elliott III for his continued support and study of Prosperity Kids.