Too often, financial instability and housing instability go hand-in-hand for low- and moderate-income families. While housing organizations across the country seek to provide consistent, stable, affordable housing, many of these organizations’ clients continue to struggle with financial challenges—poor credit, lack of savings, high debt, low or variable incomes, and more—that make it difficult for them to get by, much less get ahead.

Research has shown that financial capability services can help individuals increase their financial security and break down barriers to securing and maintaining stable housing. These financial capability services, such as financial coaching and free tax preparation, are most effective when service providers meet people where they are—not only in terms of their skills and abilities, but also at the locations where they are already receiving services. Integrating financial capability services into housing programs allows for a holistic approach that not only meets the immediate housing needs of low and moderate-income families, but also equips them to achieve longer-term financial stability.

Click Here to Download Special Report & Read More…