AAA Fair Credit Foundation is a nonprofit consumer credit counseling services organization that has provided five AFI grants since 2006 with the objective of eliminating debt and promoting wealth.
AAA Fair Credit Foundation is a network grantee with many subgrantees. AAA Fair Credit Foundation emphasizes homeownership, postsecondary education, and business capitalization with the goals of helping low-income Utahns develop skills for financial self-sufficiency and creating opportunities to increase net worth and credit worthiness and to purchase and maintain one of three productive assets. AAA Fair Credit Foundation has been successful in increasing wealth and providing financial education and counseling.
Partners
AAA Fair Credit Foundation partners with Utah State University Extension, Utah Higher Education Assistance Authority, Small Business Development Centers, Pete Suazo Business Center, the Asian Association, Aneth Community Development Corporation (Navajo), SCORE, the Women’s Business Center, and Utah Microenterprise Loan Fund to provide financial education (distance learning), small business training, education training, and home buyer education.
Assets for Independence Grant History
Project Title
Utah Individual Development Account Network
Highlights/Outcomes
672 IDAs have been opened.
1,211 participants have received financial education.
$660,235 saved by participants.
395 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$1,780,832
Total Non-Federal Support: $1,780,832
Focus Population
This network covers eligible applicants across the State of Utah.
Contact
AAA Fair Credit Foundation
230 West 200 South, Suite 3104 Salt Lake City, UT 84101
(801) 656-1610 www.faircredit.org