Asset Building

Why is asset development important? Because without assets, people who earn low incomes are likely to continue to earn low incomes. By building personal assets through savings and investments, people are better able to take charge of their economic future and they are more likely to give their children a boost on the economic ladder.

We use a variety of tools to help people go to college, buy houses, find employment, manage their money, and grow their businesses.  These approaches focus on the long-term benefits of building assets to help families become more self-sustaining and build stronger communities.  Learn more about our major program areas:

  • Individual Development Accounts (IDAs) are matched savings accounts that help income-qualified families buy their first home, make improvements to their home, pay for post-secondary education or job training, or start or expand their own business.
  • Housing and Credit Counseling helps people establish or improve their credit score and credit history and provides personal guidance in managing money and credit efficiently. Specialized one-on-one assistance is available to those who want to purchase a home.
  • Financial Education and Homeownership Classes help families learn to take charge of their economic futures through financial education. Our financial education classes teach valuable and practical skills, focusing on financial goal-setting, budgeting, credit management, and using financial services wisely.
  • Volunteer Income Tax Assistance (VITA) is offered in partnership with the IRS, and provides free tax preparation and filing for income-eligible individuals and families

For more information about any of our programs or classes, contact us online or visit one of our offices.   We look forward to working with you!