Reimaging our Safety Nets

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The COVID-19 pandemic highlighted the fragile financial stability of our economy and the gaps in our safety nets that put at risk the wellbeing of our communities. This was even more evident as women, people of color, and low-income communities carried the brunt of the economic impact from the pandemic. Indeed, the value and importance of building financial resilience for all families has never been clearer.

Alas is Venture's approach to reimagine our safety nets towards an equitable recovery. The program is designed as a cohort model that incorporates,
  • Guarantee Income: families receive $500 /month for 6-months
  • ​Education and Resources: Participants receive monthly workshops and individual financial coaching to build savings, establish/ improve credit, build their savings, and reach personal financial goals.
  • Community Building: Participants work both as a large cohort, and in small groups with neighbors in their own cities. This ensures that they have a community to lean on after completing the program.