Income and Credit Building
LISC Chicago's network of 12 Financial Opportunity Centers (FOCs) help residents improve the financial bottom line for their household. Financial and credit counselors at each Center work with low- to moderate-income families to help them change their financial behavior and encourage long-term habits that increase income, decrease expenses and build credit.
With support and guidance from LISC Chicago, 12 community-based organizations launched the innovative Centers to increase financial stability among low-income residents in neighborhoods throughout the city. The Financial Opportunity Centers, operated by community-based organizations with the help of LISC Chicago, specialize in taking a holistic approach to people's employment and financial needs, linking job placement and career improvement with financial education and maximizing public benefits.
Based on a concept first conceived by the Casey Foundation, Financial Opportunity Centers helps families and individuals become more financially secure in three critical areas: employment and/or increased wages; improved financial condition; and improved access to public benefits (such as the Earned Income Tax Credit).
The Centers provide job services and long-term case management (if needed); one-on-one financial and money management counseling; customized banking products; free tax preparation services; and state-of-the art screening for public benefits.
For more information contact Jennifer McClain, firstname.lastname@example.org or (312) 422-9563.
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