Financial stability is
critical to achieving VOTCDC's vision of a community where the opportunity to
build better lives is always within reach. Many individuals and families are
barely getting by, with little or no ability to save for college, purchase a
home, or prepare for retirement. VOTCDC's agenda includes initiatives to
educate families, enabling them to achieve greater financial stability. Through
established partnerships VOTCDC is uniquely positioned to bring together
individuals and key stakeholders from government, business, faith groups, and
nonprofits to close the growing gap between those who are prospering, and those
who are not.
Services and Resources
VOTCDC offers a number of
workshops and seminars to assist individuals in increasing their credit score
to help residents get out of debt, become debt-free or purchase a home. Included in its financial
literacy program, are the following programs:
- Homeownership counseling prepares individuals for what is often the largest single investment in a lifetime.
- Education aimed at recognizing and avoiding abusive lending practices can protect individuals at risk of obtaining inappropriate and expensive loan products.
- Job Readiness Workshops assist individuals with employment research, composing resumes and cover letters. In addition sessions offer skill assessments, information on how to engage in networking and preparation techniques for interviews and interviewing practices.