What does the continuum of financial supports look like? Crisis Stability Thriving Legacy Wealth Gap Participant’s Coaching within Use of ongoing Graduates are Participants emergency and organizations based on evaluation by coaches gaining assets build and leave basic needs met individual goals and to track progress and and building a legacy to their Benefits desires (e.g. not all see understand when to wealth next of kin – advocacy and homeownership as taper off engagement Businesses are wealth transfer connection to goal) Post-program engaged in assets and non-cash Home visits to those with participants by impact investing holdings income who are home bound coaches to increase supports Connection to other Connection of program economic organizations focused graduates to support opportunity and on literacy (e.g. networks that are development Washtenaw Literacy) peer-led within our Connection to local community credit unions and banks to support checking and savings account creation/management
What does the continuum of financial supports look like? Crisis Stability Wealth Gap Thriving Legacy Participant’s emergency and basic needs met Benefits advocacy and connection to non-cash income supports Coaching within organizations based on individual goals and desires (e.g. not all see homeownership as goal) Home visits to those who are home bound Connection to other organizations focused on literacy (e.g. Washtenaw Literacy) Connection to local credit unions and banks to support checking and savings account creation/management Use of ongoing evaluation by coaches to track progress and understand when to taper off engagement Post-program with participants by coaches Connection of program graduates to support networks that are peer-led Graduates are gaining assets and building wealth Businesses are engaged in impact investing to increase economic opportunity and development within our community Participants build and leave a legacy to their next of kin – wealth transfer assets and holdings
Financial%20Stability%20Coalition%20Meeting%20Notes%20%209.22.17.docx