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Financial Stability

 

Goal:  To increase the percentage of low-income individuals and families who are financially stable.  

Sustainable Employment

Strategy:  Connect low-income individuals and families with affordable, effective education and job training, such as English as a second language (ESL)  classes, GEDs, and necessary supports to complete course work, including child care subsidies. 

Affordable Housing

Strategy:  Increase the quantity of quality, affordable housing while ensuring that individuals and families at risk have access to services to prevent homelessness and maintain housing. 

Income Supports

Strategy:  Ensure that individuals and families connect with income supports, such as tax credits, for which they are eligible, and are working with agencies to streamline enrollment processes. Emergency financial support services, such as rental assistance and fuel assistance, are also included.  

Financial Management Skills
Strategy:  Connect low income individuals and families to targeted financial management education on budgeting, purchasing and available credits.

 

2012 Financial Stability Grants

American Red Cross, Northeast Division—Disaster Assistance

Beverly Bootstraps Community Services—Outreach Services; Earned Income Tax Credit

Catholic Charities North—Basic Needs

Harborlight Community Partners– Affordable Housing Development/Preservation

North Shore Community Development Coalition—Affordable Housing and Housing Stability

Salvation Army, Beverly—Emergency Assistance

Society of St. Vincent de Paul, Beverly—Emergency & Family Assistance
Wellspring House—Adult Education

 

 

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North Shore United Way

248 Cabot Street, Beverly MA, 01915
(978) 922-3966 | nsuw@nsuw.org | Contact Us

 

 

SUCCESS STORY:

The EITC program has been such a success that NSUW recently awarded an additional $5,000 through grants to Beverly Bootstraps Community Services (BBCS) for the EITC program.

Through the grant, BBCS, in collaboration with North Shore Community Action Programs (NSCAP), more than doubled the number of low- and middle-income taxpayers in Beverly applying for EITC, generating $92,338 in Earned Income Credit for them.

“The funding from NSUW was critical, without it we are sure the number of people accessing this service would not have grown as much as it did,” noted Andrea Jones, Program Director, Beverly Bootstraps Community Services.  In addition to tax preparation services all individuals receiving EITC support had the opportunity to discuss personal budgeting and learn strategies for reducing expenses.

- Beverly Bootstraps Community Services EITC grant