Local Initiatives Support Corporation (LISC) has done tremendous work developing the concept of the Financial Opportunity Center, a neighborhood-based program to help low-income families learn more about how they can achieve financial stability and grow their incomes. People can walk into one of the Centers and get help finding living-wage jobs, accessing public benefits and managing income and expenses. There is also financial coaching to help clients develop a roadmap for their future.
LISC's Financial Opportunity Center is the kind of effort we've made it our business to support. "Our whole mission around economic empowerment is really to help people build a stronger future for themselves," says Daria Sheehan, senior program officer of Citi Foundation. That's why the Citi Foundation is proud to contribute $1 million through 2010 to expand the project to areas of Houston, San Diego and Newark, and benefit an ongoing program in Chicago.