Economic Mobility

The National Council for Financial Opportunities is a nonprofit working to increase opportunity for all.

Moving In

Programmatic Focus

The NCFO has three areas of programmatic focus: 

  • Financial Resiliency (increasing basic financial capabilities)

  • Financial Accessibility (financial inclusion)

  • Income Adequacy (path to economic mobility)

Dramatically increasing equitable economic mobility and opportunity across the nation.

Three Programatic Areas of Focus

juliane-liebermann-O-RKu3Aqnsw-unsplash.jpg
Wearing Mask in Public Transport
income ad.jpeg

Financial Resiliency

Increasing Basic Financial Capabilities

Financial Accessibility

More than Financial Inclusion

Income Adequacy

Path to Economic Mobility

Increasing Equitable Access to Opportunity

Transitioning to permanent disability destabilizes households. A CDFI refinanced a family's loans to reduce monthly payments from $1,024 to $513. This is financial accessibility and financial resilience in action. Stable households are critical to eliminating toxic stress which keeps people living in poverty.

A lost job during the pandemic (or anytime) puts transportation to work at risk. A CDFI  refinanced a vehicle from 18% APR to 4.99%, paused and extended payments ultimately keeping $175 a month in the house and retaining the critical transportation. Community partners helped placement in a higher-paying job. Every programmatic area supports to economic mobility.

Opportunity Initiative Summits open doors to the collaboration of CDFIs and Nonprofits increasing impacts and reducing strain on nonprofits. One community healthcare center colocated a CDFI to ensure clients could regain lost funds to afford prescriptions. Equitable financial access supports equitable access to healtchare. Both are critical to economic mobility.

Partner

Join or contribute to The Opportunity Initiative

Thanks for submitting!

NCFO_logo_med res.jpg