February 10 2011 Ycabc Agenda


Thursday, Feb 10, 2011, 8:30-9:30AM (PFP Board Room)

Welcome/Introductions All

Approve Agenda All

Review/Approve January 13, 2011 Minutes All

EITC Committee Update Michele/Bill

Bank on Yakima County Committee update All

Outcomes for Asset Building Strategies Forum Dave
• Feb 8, 2011
• Sponsored by Fed Reserve Bank of San Francisco

Review of budget Kimmy/Dave
• WA Dept of Commerce grant
• HHS grant
• Walmart grant

New VISTA, Kimberly Mauldin, now in place Dave

Continued discussion of IDAs All

Legislative Update Dave
• HB1678 (Eliminate Cap on Payday Loans): Introduced 1/28 and referred to Business and Financial Services Committee. Proposes to repeal recent new law that caps the number of payday loans in any 12-month period to 8. Annual interest rates will remain at 391%. This legislation in currently being vigorously opposed by the WA Asset Building Coalition and other consumer groups. Recommend we oppose this legislation.
• How to request support for ABC from elected officials

Free Financial Coaching Training (Seattle, Mar 16-18) Dave

Other Business/Announcements All

Adjourn. Next Meeting, Mar 10, 2010, 9:30-10:30AM, People for People