|
Special Report: Helping Families Achieve Financial Stability
by Institute for Youth, Education, and Families
 NLC’s Institute for Youth, Education, and Families (YEF Institute) has published a new action kit for municipal leaders on Helping Families Achieve Financial Stability. This action kit, the ninth in the YEF Institute’s signature series, highlights a wide range of strategies to help residents save and protect assets in order to foster long-term financial stability for families and communities.
This special report highlights the action kit and what cities and towns are doing to help families achieve financial stability. Click here to download the special report.
Millions of families in cities and towns throughout the country do not have enough savings to stay financially secure during a crisis or to invest in their futures. For many low-income families, just one unexpected setback — such as loss of a job, breakdown of a family car or an illness requiring hospitalization — can trigger a devastating chain of events that leads to unemployment, homelessness and even family dissolution.
City leaders have witnessed the impact that a lack of assets can have on families and have taken steps to help residents gain financial security. By developing a focused set of services, these leaders are strengthening families and creating a stronger foundation for local economic development.
|