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Income is one of the essential building blocks to a good life. Our goal is to ensure that every person in the Fredericksburg area has the skills to hold a steady job and make enough income to support a family through retirement
Facts
More than 23% of wage earners in Virginia are still living at or below the poverty line
Virginians are paying more than $606 million in overdraft fees each year
769 payday lending stores in Virginia are loaning to 4,383 individuals per store each year
142, 591 individuals were past due on their mortgages in 2009
600,000 (20%) households in Virginia are considered unbanked or under-banked
Strategy
- More households align spending and savings with income
Initiatives
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Rappahannock Region Financial Stability Coalition is a Rappahannock United Way led coalition that educates low income workers about their eligibility for various tax credits and provides free tax return preparation and asset building education and information. |
Investments
Free Tax Preparation and Financial Education – providing free financial services to more than 1,000 low to moderate income households – increasing their financial assets, improving financial self-sufficiency and enhancing their ability to support themselves and their families long in to their future. |
Legal Services – providing free legal counsel to more than 600 low-income families to help overcome legal obstacles to obtaining child and spousal support, ensuring long term financial stability for the family. |
Housing Services – providing short term emergency and long term transitional shelter to more than 700 homeless individuals and families. Supplemental services provided help residents build the tools needed to move from homelessness to self-sufficiency. Individuals transition to successful, independent living, improving their quality of life and breaking the cycle of homelessness for them and their family. |
Senior Support Services – providing in-home visiting and support, and transportation services to more than 800 seniors – allowing them the emotional and practical support needed to remain physically and mentally healthy, living independently in their own homes as a functioning part of our community. |
Disaster Relief – providing 24 hour emergency shelter and basic needs to more than 200 local families experiencing devastating personal disasters such as a house fire. |
Emergency Financial Assistance – providing financial counseling and support to help more than 10,000 low-income families identify and overcome the cause of financial crisis – avoiding foreclosure, eviction and disruption to utilities. |
Food Assistance – providing food assistance to help remove hunger as a barrier to success for adults and children from over 8,000 local low-income households. |
Total RUW Invested in Income for 2012/2013 = $322,238
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