VACAP's Earned Income Tax Credit Initiative Virginia CASH Campaign

Treasury Grant Program for Financial Education and Counseling due November 19

Through a new Financial Education and Counseling Pilot Program, the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund is making available grants for entities that provide a range of financial education and counseling services to prospective homebuyers, with the goals of:

·         increasing the financial knowledge and decision-making capabilities of prospective homebuyers;

·         assisting prospective homebuyers to develop monthly budgets, build personal savings, finance or plan for major purchases, reduce their debt, improve their financial stability, and set and reach their financial goals;

·         helping prospective homebuyers to improve their credit scores by understanding the relationship between their credit histories and their credit scores;

• educating prospective homebuyers about the options available to build savings for short- and long-term goals.

Read more about the grant....