Magazine article Nation's Cities Weekly

Audioconference to Highlight City Efforts to Help Families Achieve Financial Stability

Magazine article Nation's Cities Weekly

Audioconference to Highlight City Efforts to Help Families Achieve Financial Stability

Article excerpt

Municipal strategies to help families save and achieve financial stability will be the focus of a free, hour-long audioconference on Thursday, November 15, at 12:30 p.m. Eastern Time. Sponsored by NLC's Institute for Youth, Education, and Families (YEF Institute), the audioconference, titled "Seeking Financial Stability: City Strategies to Help Families Save and Build Assets," will highlight how cities can help residents avoid stepping over the financial edge and become more financially stable.

Call Content and Speakers

Millions of American families continue to live on the brink of financial disaster as they struggle with high debt levels, low savings and difficult choices in meeting basic needs. Asset building initiatives have emerged as a key anti-poverty strategy that not only can help low- and moderate-income families become more financially stable, but can also provide an economic cushion for future generations,

Cities can play important roles in helping residents save and build assets to achieve financial stability. This audioconference will highlight innovative strategies such as Bank on San Francisco, which creates pathways to mainstream financial services for low- and moderate-income families.

Audioconference speakers will also describe United Way of America's new Financial Stability Initiative and how partnerships with local United Ways and other agencies can bolster asset-building efforts' Finally, speakers will discuss how cities can help connect residents with the Earned Income Tax Credit, food stamps and other federal benefits. …

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