Center for Working Families facilitates financial stability

Families in metro Detroit will get a little more support as they strive to build assets in this tough economy thanks to a new partnership between United Way and Detroit LISC.

The Greater Detroit Center for Working Families (CWF) is an innovative partnership between United Way and Detroit LISC to advance community economic development in Southeast Michigan. The two organizations will serve as the intermediary of the CWF and manage it in partnership with the organizations delivering the program's services.

CWF is designed to provide a comprehensive set of services to the working poor that help them learn to save, build assets, and eventually move from negative net worth, or debt, to positive net worth and financial independence. To make this happen, the Centers focus on three components: one-on-one financial coaching to help individuals learn how to manage their debt and begin to save; career coaching to help individuals find the right job or training program to suit their long-term goals; and assisting with finding additional supports such as tax credits and other public benefits that provide additional income.

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