Capital Area Asset Builders (CAAB) empowers low- and moderate-income residents of the Greater DC area to take control of their finances, increase their savings, and build wealth for the future. Founded in 1997 by several nonprofit organizations aiming to catalyze Individual Development Account (IDA) programs in Washington, DC, CAAB has since expanded its work to provide financial and consumer education, research and advocacy. Since its establishment, more than 2,000 people have participated in CAAB’s matched savings program, saving over $1,100,000 and earning over $3,500,000 in matching funds.
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