Family Assets for Independence in MN (FAIM) & IDAs
You could frame MN's current failure to leverage the program for maximum Federal match, as "Leaving money on the table that Minnesotans could use to further this our prosperity." In the short term Minnesota is missing an opportunity to help struggling MN families achieve their dreams of sufficiency; in the longer term, Minnesota is failing to do all it can to increase the tax base and our workforce competitiveness.
Governor Dayton’s budget has proposed eliminating funding for FAIM Grants. At the same time, it has been brought up that we are not using the full federal match available. If this is something pursuing, how can we make the case for maintaining or increasing funding in light of federal matches available?