Neighborhood Trust Financial Partners
Neighborhood Trust Financial Partners is a financial empowerment and coaching provider that serves low-income workers. Its in-house team of financial coaches specializes in the challenges facing workers today: volatile income, tight cash flow, lack of emergency savings, and burdensome debt. They help clients prioritize savings, take control of their debt, and create a road map to achieving their financial goals. This grant will support staff expenses to assist up to 200 Baltimore individuals affiliated with five Baltimore-based partner organizations.
National Center on Institutions and Alternatives
In 2017, the National Center on Institutions and Alternatives (NCIA) opened a vocational training center at 301 S. Center Avenue in Baltimore, providing occupational skills training in automotive repair, Commercial Driver’s License Class B, HVAC (healthing, ventilation, and air conditioning), culinary arts, and Unmanned Aerial Systems (Drones) piloting. Abell funding will support NCIA in training 267 SNAP-eligible Baltimore residents, with 200 earning industry-recognized credentials and being placed into jobs with an average starting hourly wage of $17.
Maryland Volunteer Lawyers Service
MVLS’s Housing Legacy Program engages families and communities across the city to raise awareness about the importance of estate planning and provide legal assistance to families living in homes where the deed has not been properly transferred from one generation to the next. MVLS volunteer attorneys are prepared to assist families with these legal documents. Their efforts to facilitate asset transfer are particularly important to communities of color that have been historically excluded from the prospect of intergenerational wealth-building through homeownership. This grant will support staff and outreach expenses and support for a comprehensive assessment of the effectiveness of these legal interventions in decreasing housing distress indicators and keeping families in their homes.
Maryland Consumer Rights Coalition, Inc.
Maryland Consumer Rights Coalition (MCRC) provides research on economic rights and consumer protection issues; educates policymakers and the public about economic rights issues, and provides consumer awareness and education campaigns to individuals and organizations. MCRC serves low-income homeowners and renters through the Low Income Forgotten Tax (LIFT) program that helps them access the Homeowners and Renters Tax Credit programs and other public benefits. This grant will support staff and outreach expenses for the LIFT program.
Latino Economic Development Center
Latino Economic Development Center offers access to business resources and loan capital to meet the needs of underserved communities and communities of color in Baltimore to start and grow businesses, create jobs, and build wealth. Their small business coaches provide one-on-one technical assistance and workshops/courses related to business planning, financial management, incorporation, licensing and permitting, accounting, marketing and technology integration. Lending staff are trained to provide micro-loans ranging from $500 to $50,000 and larger loans up to $250,000.