Grants Database

Grantee:
UpValley Family Centers
Amount Awarded:
$75,000
Project Title:
Building Economic Literacy and Resilience through Financial Coaching for Low-Income Households
Fund:
Consumer Financial Education Fund, 2019
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Project Description:

UpValley Family Centers will provide financial coaching to 75 low-income households over 3 years to strengthen their economic resilience, integrating financial literacy workshops and coaching into existing programs by training case managers as Financial Fitness Coaches. This project will serve low-income, immigrant clients who are unbanked or underbanked, lack knowledge of US credit systems, and work in low-wage jobs. Coaching will enhance knowledge about banking policies – including fees and interest rates – and about how to increase savings or credit and reduce debt. Many of UpValley’s clients’ economic challenges were compounded last year by devastating wildfires and immigration policy changes. As they recover and plan for the future, there is an excellent opportunity to help them increase their financial health.