Center for Financial Security Announces Call for Emergency Savings Project Concept Proposals

The University of Wisconsin’s Center for Financial Security (CFS) has put up a call for concept proposals for a new project, funded by the Charles Mott Foundation. According to CFS, the Emergency Savings Project “will document innovative ways to address emergency or ‘contingency’ savings issues with financial strategies designed to help low-income households to meet immediate non-recurring expenses. The goal of the call for concept proposals is to generate a broad set of ideas for strategies that can serve to expand emergency savings mechanisms, vehicles, policy, public or nonprofit programs, or new financial products.”

Submissions are due November 27, 2012. Proposals are welcome from community groups, research institutions, advocacy groups, foundations, government agencies, and nonprofit associations or initiatives. Details about eligibility, the structure of proposals, and the timeline for the project are available here.