Financial Guidance Center is a nonprofit organization having the objective of fostering financial responsibility among all consumers in Nevada.
This program emphasizes postsecondary education and business capitalization with a goal of increasing asset accumulation for low-income households in Nevada. Consumer Credit Counseling Service of Southern Nevada has been successful in providing diverse programs to increase participants’ financial self-sufficiency and asset building, including financial counseling, a debt management/repayment program, bankruptcy counseling, an IRS advocacy program, a Fresh Start Checking program, tax preparation assistance, and credit report review.
Partners
Financial Guidance Center partners with AARP, United Way of Southern Nevada, Wells Fargo, Women's Development Center, and Silver State Fair Housing Council to provide recruitment and referral services.
Assets for Independence Grant History
Project Title
Individual Development Accounts (IDA) for low-income households to build assets and work toward financial stability through higher education/vocational training, and entrepreneurship.
Highlights/Outcomes
2 IDAs have been opened.
0 participants have received financial education.
$50 saved by participants.
0 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$167,500
Total Non-Federal Support: $167,500
Focus Population
This program focuses on low-income families in Nevada; its postsecondary education IDA specifically focuses on young adults transitioning from foster care.
