December 7, 2017
Year in Impact: Financial Opportunity Centers Change Lives in 2017
Two in five Massachusetts residents are living on the edge of financial disaster. For those living at or below the poverty line, a way out can seem almost impossible. Until now.
In communities with high poverty rates that need help the most, United Way’s Financial Opportunity Centers are utilizing the latest national research and a locally proven service delivery model to achieve life-changing results. With six locations in communities facing high poverty rates (Boston, Quincy, Lynn, Lawrence and Chelsea), the Centers bring together a continuum of services from multiple partner organizations to provide individuals with a holistic approach to improving their financial well-being.
The six Centers provide intensive services to over 1,500 people throughout Greater Boston. Last year, the Centers placed 268 people in jobs, and clients achieved an average monthly net income increase of $258 and an average credit score increase of 40 points.