Neighborhood Economic Development

Family Economic Success

Family Economic Success programs support long term economic stability and advancement for individuals and families by providing income and asset development services and connection to comprehensive resources. Our activities build upon our success in administering matched savings accounts for low-income families as well as upon our ongoing work with groups such as the Lower San Antonio Collaborative, the Oakland Housing Authority, the Independent Living Skills Program, and other partners. EBALDC's FES programs coordinate and administer an asset-building program that have impacted over 1,000 people.

The FES division offers the following:

  1. Volunteer Income Tax Assistance (VITA) at several EBALDC locations to provide free tax preparation and to promote the Earned Income Tax Credit (EITC) for low-income individuals and families.
  2. Money Savvy Youth (MSY) training for 9-18 year old Oakland residents;
  3. Individual Development Accounts (IDA) for purposes such as homeownership, small business development and post-secondary education or training;

Youth and adults receive many benefits. They include learning how to save money, improving financial literacy, identifying financial goals, gaining access to tax credits, learning about community resources, and building assets.

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