Income
Greater Detroit Centers for Working Families
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| The facts: |
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About one of every four residents of the region are a
paycheck away from being out on the street |
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Metro Detroit ranks No. 6 nationally in the rate of
foreclosures, with one in every 68 households receiving a foreclosure filing during the first quarter of 2008 |
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More than half a million Southeast Michigan residents live below the poverty level |
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| Get involved: |
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| For more information: |
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Contact Michelle Rafferty at 313-226-9485. |
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Greater Detroit Centers for Working Families (CWF) is an innovative partnership between United Way and Detroit LISC to advance community economic development in Southeast Michigan. The two organizations are acting as the intermediary of the program and manage it in partnership with the organizations delivering CWF services.
The partnership is designed to provide a comprehensive set of services to the working poor that help them learn to save, build assets, and eventually move from negative net worth (debt) to positive net worth and financial independence. To make this happen, the Centers focus on three components:
- One-on-one financial coaching
- Career coaching
- Assistance in finding additional income supports (tax credits, public benefits, etc.)
In other communities, this model shows a high return on investment. In fact, one study showed an approximate 400 percent ROI when participants take advantage of all three of the program elements, making the program extremely impactful over the long-term.
The pilot program includes five sites that will be delivering services:
- Focus: HOPE
- Goodwill Industries
- Lighthouse of Oakland County
- SER Metro
- Southwest Solutions
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