- Program Education
- Program Area Expanding Economic Opportunity
- Grant Amount $150,000
- Grant Period January 1, 2009–December 31, 2011
- Location Little Rock, AR, United States
- Geographic Focus Arkansas, Mississippi
About this grant
This grant will enable the Southern Good Faith Fund to promote asset building among low- and moderate-income people in Arkansas and Mississippi by organizing a permanent, broad-based, asset-building coalition and by developing and advancing a comprehensive assets policy agenda. To accomplish these objectives, Mott funds will be used to engage new constituencies in state asset-building activities and advocate for policies that expand savings opportunities and incentives. The Southern Good Faith Fund is a nonprofit affiliate of Southern Bancorp, a $575 million Community Development Financial Institute and one of the nation’s largest rural development banks. This is one of eight grants aimed at building the capacity of state asset-building coalitions to effectively promote the development of state asset policies.