Individual Development Accounts and Homeownership among Low-income Adults with Disabilities: Evidence from a Randomized Experiment
We examined the long-term effects of Individual Development Accounts (IDAs), savings accounts that match funds deposited by participants for qualified purposes, on homeownership rates among study participants with disabilities in a randomized experiment. Results from a 10-year follow-up of the IDAs...
| Publié dans: | Journal of Applied Social Science. - Sage Publications, Inc.. - 10(2016), 1, Seite 55-66 |
|---|---|
| Auteur principal: | |
| Autres auteurs: | , , , |
| Format: | Article en ligne |
| Langue: | English |
| Publié: |
2016
|
| Accès à la collection: | Journal of Applied Social Science |
| Sujets: | Health sciences Law Economics Social sciences Behavioral sciences |
| Résumé: | We examined the long-term effects of Individual Development Accounts (IDAs), savings accounts that match funds deposited by participants for qualified purposes, on homeownership rates among study participants with disabilities in a randomized experiment. Results from a 10-year follow-up of the IDAs indicate that rates of homeownership were nearly 10 percentage points higher for treatment participants with disabilities than for control-group members with disabilities (p < .10). The impacts of IDAs seem to vary with the baseline socioeconomic characteristics of participants—particularly with homeownership, bank account ownership, and public housing assistance. W e conclude by discussing policy implications of using asset-building programs to support people with disabilities. |
|---|---|
| ISSN: | 19370245 |