Invest in changing lives

Invest in changing lives 2020-02-21T14:51:40-05:00

Who we help

A community’s success is directly related to the financial stability of its residents. The Center for Financial Stability helps individuals and families improve their long-term financial health and well-being. In Miami-Dade, a large number of households with at least one person employed fall below the Self Sufficiency Standard – the income needed to pay for basic needs such as food, shelter, health care, child care and transportation. The United Way ALICE Report* highlights financial hardship within our community by capturing the magnitude of people who are struggling to keep up with the rising cost of living.

In Miami-Dade:

  • More than 500,000 households struggle to make ends meet
  • Nearly 6 out of 10 households are living in, or on the edge of, poverty
  • Among single female-headed households, 84% are living in, or on the edge of, poverty

*The United Way ALICE (Asset Limited, Income Constrained, Employed) Project is an alternative measure to the outdated Federal Poverty Level, which grossly underestimates the number of struggling families. The report contains data on household budgets, demographics, employment opportunities, housing affordability and other critical economic factors.

How we help

The United Way Center for Financial Stability’s trained staff and volunteers work with thousands of individuals and families, providing services which include:

  • Financial coaching and education
  • Credit and debt management
  • Expert tax preparation and help accessing credits like the Earned Income Tax Credit
  • Employment services
  • Legal services
  • Assistance with homeownership, auto loans and small business development

At the Center last year:

3,304 households received financial capability services
1,504 households completed a financial education workshop
478 households engaged in one-on-one financial coaching

Over the past decade, the Center has worked closely with strategic partners to improve access to high-quality financial services and resources in our community. Today, these collaborative efforts focus on:

  • Innovating, strengthening and scaling financial capability in our region
  • Supporting the ongoing professional development of local practitioners
  • Offering partners the opportunity to integrate financial empowerment strategies into their social programming and experience the “supervitamin” effect – better, quicker and long-lasting results for households now addressing financial barriers.

Make a Difference Today

Meet Jessica

A place of her own.
Homeless for most of her life, Jessica found help and hope at the Center for Financial Stability.

Thank you to our 2018-2019 Funding Partners

Carnival Cruise Lines
Citi Foundation
Siemer Institute for Family Stability

Citi Vita
Regions Bank

Bank of America*
Cities for Financial Empowerment Fund
Florida City Gas
Ocean Bank

BAC Florida Bank
Juan Enjamio
First Bank Florida
JPMorgan Chase
Neil H. Shah

Frank Gonzalez

Regional/National Partners

Bank On, Cities for Financial Empowerment Fund
Credit Builders Alliance
The Financial Clinic
Florida Prosperity Partnership
Hispanic Unity of Florida
Prosperity NOW
U.S. Internal Revenue Service
Urban League of Broward County

A special thank you to our $100K+ Funding Partners over the past 10 years

Bank of America*
Carnival Cruise Lines
Citi Foundation
Florida Blue
JPMorgan Chase
Ocean Bank
Siemer Institute
Wells Fargo

*Bank of America is the founding partner

Program Partners

Advocacy Network on Disabilities
Capital Good Fund
CARE Court (United States District Court, Southern District of Florida)
Catalyst Miami
Centro Campesino Farmworker Center
City of Miami Financial Empowerment Center
CNC (Cuban American National Council)
Connect Familias
Early Head Start-Child Care Partnerships
Educate Tomorrow
Financial Planning Association
Goodwill Industries of South Florida
Grameen America
Greater Miami Service Corps
The Hospitality Institute
Housing Authority of Miami Beach
Jackson Health System
Jewish Community Services of South Florida
Legal Services of Greater Miami
Miami Dade College –Single Stop
Mission United
Neighborhood Housing Services of South Florida
Opa-locka Community Development Corporation
Partners for Self-Employment Project UP-START (Miami-Dade County Public Schools)
Sant La Haitian Neighborhood Center
Silent Victims of Crime
South Florida Digital Alliance
Youth Co-Op
YWCA of Greater Miami