#73 - Saving for the Future with Lansing SAVE

GovEx Data Points

How can cities and their partners help families start saving money for their children’s future college or career training expenses? Since 2013, Lansing, Michigan has been tackling this innovative opportunity with the Lansing SAVE Initiative, a program providing all incoming Lansing School District kindergarten students with a savings account. In this episode, we discuss GovEx’s performance management engagement with the City of Lansing to help Lansing SAVE evolve and thrive. We walk through the performance management process, discuss the successful partnership involved in the work, and recap how to navigate program improvements and investments during a global pandemic.

We're joined by Amber Paxton, Director of the City of Lansing’s Office of Financial Empowerment; Brian Rakovitis, Manager of Financial Empowerment Initiatives at The Community Economic Development Association of Michigan; and Erin Thiemann, Senior Program Manager at Prosperity Now.