Pennsylvania Department of Community and Economic Development
Pennsylvania Department of Community and Economic Development has provided seven AFI grants since 1999, with the objective of expanding opportunities for low-income Pennsylvanians to save money and develop asset-accumulation skills for family self-sufficiency.
Pennsylvania Department of Community and Economic Development is a Network grantee with 47 subgrantees. This grantee emphasizes homeownership, postsecondary education, and business capitalization, with the goal of increasing assets for low-income residents of Pennsylvania. This grant has been successful offering financial education, recruiting, enrolling participants, and making asset purchases.
Partners
Pennsylvania Department of Community and Economic Development partners with Pennsylvania Housing Finance Agency, Homeowners Emergency Mortgage Assistance Program, Department of Bankings Office of Financial Education, Department of Corrections, Community Action Association of Pennsylvania, the Pennsylvania Department of Treasury Tuition Account Program, Department of Corrections, Department of Public Welfare, Department of Labor and Industry, Office of Vocational Rehabilitation, Office of Community Services, and IRS VITA program to provide supportive services, recruitment, and tax preparation.
Assets for Independence Grant History
Project Title
Pennsylvania Family Savings Account Program
Highlights/Outcomes
0 IDAs have been opened.
0 participants have received financial education.
$0 saved by participants.
0 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$10,082,000
Total Non-Federal Support: $9,582,000
Focus Population
This grantee targets eligible low-income residents across Pennsylvania. This Network grantee covers all of Pennsylvania.
Contact
Pennsylvania Department of Community and Economic Development
400 North Street 4th Floor Harrisburg, PA 17120
(717) 720-7300 http://www.newpa.com