Financial Foundations

Financial Foundations staff work with customers to gain the resources and confidence needed to set and achieve short and long-term goals. Monthly workshops are offered to help individuals improve their financial position.

Financial Foundations1

Asset Development

Asset Development is important to long-term financial stability and growth. Staff work with individuals to increase assets such as post-secondary education, home ownership, or starting a business.

• Financial Coaching and Education: Staff work with individuals to evaluate personal finances, create a budget, and develop financial goals. Financial coaches assist and encourage individuals as they reach their short and long-term goals which include increasing credit scores, net income, and net worth. On-going financial workshops are offered throughout the year.

Individual Development Accounts (IDA): Matched savings accounts that assist individuals with a modest income to save towards the purchase of a life-long asset. For every$1 saved, $3 is earned and can be used towards home ownership, education, or towards their small business.

Free Tax Prep: This service is provided to Marion County residents in an effort to avoid high interest refund anticipation loans. Individuals save money, earn 100% for their refund, and learn about asset building.

Direct Assistance

Direct Assistance is offered to meet the immediate needs through direct financial assistance, such as rent or utilities, and to help remove non-traditional barriers such as license renewal or court costs.

Energy Assistance: Provides help for those with who have high home energy costs. Income-eligible families are provided a one-time benefit paid to the utility company to offset the high cost of winter/summer utility bills and is based upon household size, income, type of dwelling, housing status, at-risk factors, and fuel sources.

• Work and Income Support Services: Available to those who experience financial difficulties. Individuals work with an income support specialist and learn how to access resources that address food, shelter, health care, childcare, and other needs. Personal and professional development opportunities are available to evaluate environment, personal resources, and build plans to achieve personal goals.

• High School Equivalency: Offered at the Center and support services are accessible during and after the six-week course.

•Career and Employment Assistance: Employment coaches work to help identify career and employment opportunities. Various levels of training are offered and individuals receive assistance to find and maintain employment. One-on-one and group support is offered through Job Club, a series of workshops to explore job opportunities.