Making Mississippi Competitive: Solutions for Building Assets in Low-Wealth Communities
Low-wage work and the absence of assets, in particular, play a huge role in determining which families avert financial disaster during an emergency and which families move forward through homeownership, education and entrepreneurship. MEPC in partnership with the Foundation for the Mid South, has released a report that overviews asset levels and certain barriers within the financial service sector to building assets in Mississippi.
The report also suggests a variety of ways that bankers, policymakers and families can create an environment to facilitate saving among Mississippi’s working families that ultimately builds wealth.
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