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Smart About Money — a Program of NEFE

We provide tips for surviving the economy; a Wealth Care Kit (a guide for financial wellness); featured articles; and financial calculators. See our site, http://www.smartaboutmoney.org/

Help for Hard Times – Resources for Bay Area Residents

Here is a fine, comprehensive guide to services available to San Francisco Bay Area residents, including advice or resources covering a wide array of subjects, including:

 personal budgeting

credit cards, credit repair, credit building

home financing, foreclosure, rental assistance

employment assistance, interview skills and resumes

financial counseling

medical issues

food assistance

family counseling

substance abuse issues

Crisis/Suicide Prevention

 

Go to http://www.211bayarea.org/ and download the link, “Help for Hard Times….”

Credit Card Accountability, Responsibility & Disclosure Act of 2009

A Press Release from the White House on this new law increasing protection of credit card holders:

http://www.whitehouse.gov/the_press_office/Fact-Sheet-Reforms-to-Protect-American-Credit-Card-Holders/

Credit Card Repayment Calculator

The following website, from the Federal Trade Commission, provides a tool for determining how long it will take to pay off a credit card.

 http://www.ftc.gov/creditcardcalculator

Credit Builders Alliance

The purpose of Credit Builders Alliance –CBA –is to help low and moderate income individuals currently served by non-traditional financial and asset building institutions build their credit and access conventional financing. It provides many tools for community lenders, community financial service providers and their clients.

CBA is implementing its mission through three main activities:

CBA Reporter

CBA is a One-Stop Shop for community lenders to provide and receive data critical to their mission through our unique partnerships with major credit bureaus. read more >>

Credit Builders Toolkit

CBA is developing, collecting and disseminating tools and best practices for asset-based credit building strategies and products relevant to community financial service providers. read more >>

Awareness Raising

CBA is raising awareness to open new credit building opportunities for low-income and underserved populations by creating solutions to meet the needs, demands and innovations of both our community members and our credit industry partners. read more >>

Redwood Credit Union

RCU Members benefit from a Credit Union paid service called BALANCE Financial Fitness, which provides credit counseling and budgeting support.

See our website

Marin Housing Authority — Family Self Sufficiency Program (FSS)

Through MHA’s Family Self Sufficiency Program the following services are offered:

FSS is designed to assist motivated families or individuals who receive Section 8 housing subsidies or live in Marin Housing’s Public Housing, to become independent of welfare. A self-directed program, participants formulate a series of goals that will enable them to become financially self-sufficient within a period of five years. The FSS Case Managers meet with each participant to develop Action Steps that guide them to achieving their goals. Program staff works with local community agencies, schools, and government programs to ensure that participants obtain the resources they need to accomplish their goals. An interest-bearing escrow account may be established for FSS families whose earned income increases during their participation in the program. FSS is a voluntary program and does not require the termination of Section 8 or Public Housing assistance. The FSS Program also offers Individual Development Accounts (IDAs) through a partnership with Marin’s Prosperity Partners and EARN of SF.

Through case management and advocacy we will support you in setting a five-year plan to meet your employment or education goals. Benefits for participating families:

  • Budgeting and Credit Repair
  • Parenting skills
  • Job Search Methods and Job Training
  • Education
  • Communication skills
  • Home Ownership Education

Rewarding your progress: As your wages increase, your rent increases. However, with FSS, you get some of this money back when you finish your contract of participation. A portion of the rent increase is put in an interest bearing escrow account and upon completion of the program, you are able to use these savings to further your career or education goals or sometimes move to homeownership. This program also dovetails well with the HCV Section 8 Homeownership Program offered through Marin Housing.

Marin Family Action

Marin Family Action (MFA) is concerned about the economic, social, and wellness issues of families and individuals in Marin County. They are a strong grassroots organization that is successfully creating pathways for their clients to become knowledgeable advocates, and in that role become forceful in influencing and improving their political, social and economic quality of life.

See our website