HELP-New Mexico, Inc. is a nonprofit organization that has provided one AFI grant since 2007, with the objective of helping families acquire assets and improve family cohesion, residential stability, civic involvement, and school performance for their children.
HELP-New Mexico, Inc. emphasizes homeownership, postsecondary education, and business capitalization, with the goal of helping low-income residents build assets. This grantee has been successful in providing financial education training for participants and program staff, training program staff on financial education, enrolling participants, achieving asset purchases, and widespread promotion of the program.
Partners
Partners for HELP-New Mexico, Inc. include HELP-New Mexico offices throughout the State, as well as programs of those offices, such as the National Farmworker Jobs Program, Child and Adult Food Care Program, Early Childhood Division, and others providing participant recruitment help, employment training, social services, financial education, asset-specific training, and general AFI program operation support.
Assets for Independence Grant History
Project Title
New Mexico Project to Build Assets for Rising Out of Poverty
Highlights/Outcomes
157 IDAs have been opened.
145 participants have received financial education.
$118,850 saved by participants.
94 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$1,000,000
Total Non-Federal Support: $1,000,000
Focus Population
HELP-New Mexico, Inc. targets eligible participants who live in New Mexico. This grantee covers all of New Mexico.
Contact
HELP-New Mexico, Inc.
5101 Copper NE Albuquerque, NM 87108
(505) 766-4950 www.helpnm.com
