Florida Asset Building Coalition

About Us

Florida Asset Building Coalition (FABC) is an inclusive collaboration of diverse community-based and faith-based organizations, chambers of commerce, and a host of social services agencies, financial institutions, emergency management state and local agencies, programs/coalitions, universities, and prosperity campaigns whose strategic focus is building an inclusive agenda and deliberate strategies that will create policies impacting communities of color, all low and moderate income families, and those impacted by natural disasters, such as hurricanes. Our coalition members, networks and partnerships work across race, ethnic, economic and political spheres to encourage inclusiveness in opportunities and access to leveraging resources in the areas of social, health, education and economics.

 

We don't presume to know everything, for there is so much to learn and teach; however, we do know our communities, because we are a product of them. This mission is about learning and teaching along side of the young and the elderly. This journey is about linking our efforts to making a real difference in individuals/families' ability to create, leverage, grow, and sustain assets that foster a quality of life style across the entire life span.

 

Background

Florida Asset Building Coalition (FABC) began in 2008 as a state partner with the Southern Regional Asset Building Coalition (SRABC) supported by the Ford Foundation. The partnership includes Tuskegee University, the Center for Social Development-Washington University at St. Louis, Florida Family Network, Florida A & M University, Alabama Arise, Mississippi Association of Cooperatives, and the Federation of Southern Cooperatives. The main goal is to establish a network and statewide coalitions in the Southern Black Belt region for mobilizing organizations and coalitions around advocacy and support for policies and programs designed to address the devastating economic impacts of persistent poverty, hurricanes, and land loss.

 

Who

FABC is a collaboration of interdisciplinary, multi-ethnic, geographically diverse agencies and coalitions utilizing networks and partnerships to promote innovative strategies and solutions that build and strengthen wealth creation and asset building efforts through mobilizing a grassroots advocacy movement. Its membership consists of 100 members across the state of Florida. The Executive Steering Committee consist of partner agencies who are the driving force and the heart of the work of FABC

 

Our Mission

Engage and expand voices to reach policy makers though partnerships, collaborations, and coordination of efforts for enhancing the quality of life and economic opportunities for Florida's communities of color and all low and moderate income individuals & families who are also impacted by natural disasters, economic disasters and persistent poverty.

 

The Vision

Empowered communities of color and the low and moderate income families creating and sustaining wealth creation opportunities for improved economic financial stability.

 

Our Motto

"Promoting financial stability leading to long-term independence."

 

Purpose

This effort is a combination of new innovative goals and solutions aimed towards the creation of policies that will offer access to opportunities for viable livelihoods, improved quality of life for the working poor, and support of asset accumulation, asset preservation and savings throughout the life cycle.This effort is a combination of new innovative goals and solutions aimed towards the creation of policies that will offer access to opportunities for viable livelihoods, improved quality of life for the working poor, and support of asset accumulation, asset preservation and savings throughout the life cycle.

 

FABC Seeks
  • To build an interdisciplinary, multi-ethnic and geographically diverse coalition utilizing networks and partnerships to promote innovative strategies and solutions that build and strengthen wealth creation and asset building efforts through mobilizing a grassroots advocacy movement;

  • To establish a baseline identifying indicators of poverty and wealth creation that leads to a paradigm shift for reframing the context of asset building for hurricane victims;

  • To expand the voices to reach and inform state legislators and key stakeholders on asset building policies;

  • To assist in local and statewide efforts leading to comprehensive policy outcomes for assisting victims of recent hurricanes/disasters and persistent poverty;

  • To foster strategic partnerships;

  • To diversify the field of asset building by building a broader and cohesive inter-disciplinary approach of collective efforts;

  • To work on policy issues on local, state and national levels;

  • To connect the strategic dots to how the work in Florida and the other three Gulf Coast States (Alabama, Mississippi, Louisiana) inform this body of work in the region.

 

Key Stratiges

  1. To educate policymakers and other strategic stakeholders to craft public polices to support wealth creation and asset building that provide opportunities for communities of color and ALL low income families to move up the economic ladder.

  2. To serve its membership with information and resources to strengthen and support their capacity to serve as a catalyst to change in reframing the context of assets, wealth creation for people of color and ALL low and moderate income individuals and families.

  3. To build new knowledge and best practices in the field of asset building around natural disasters, i.e. hurricanes, etc.

 

Core Principles

We believe that asset-building is one of many components that will lead to alleviating the systematic impoverishment and disfranchisement of people of color and ALL low-moderate income families. Living wages, healthcare, education, community-centric solutions, and greater government representation of marginalized populations are also needed to address the needs of communities of color.
(Adopted from: United For a Fair Economy - Core Principles of UFE's Racial Wealth Divide program.) http://www.faireconomy.org/news/racial_wealth_divide_core_principles

© 2014 Florida Family Network