COMMUNITIES OF OPPORTUNITY: CATEGORIES OF IMPACT
We seek to leverage the relationships we have as an organization with banks and other financial institutions to assist our residents with financial literacy classes as well as low or no cost bank accounts. Our residents may not know about local resources available and so we seek to connect them with local providers to encourage awareness of financial health and strategies for saving.
The economic health of communities is tied to the financial health and stability of its residents. Residents with even small amounts of savings are more resilient and better able to weather temporary income drops independently. Financially healthy families are more likely to provide the stable housing conditions and support that children need to thrive and succeed.