Building an Economy with Purpose: The Transformative Potential of Baby Bonds
NonProfit Quarterly
DECEMBER 4, 2024
Another example is federal highway construction and urban renewal of the mid-20th century. In Connecticut, where a more modest statewide baby bond program was enacted in 2021, projections show that participating children could receive between $11,000 and $24,000 when their accounts mature. Baby bonds are a prime example of this shift.
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