SAFE Supports Assets for Independence Program
SAFE has partnered with ProAction of Steuben & Yates, Inc. and several other local community organizations to support the Assets for Independence (AFI) Program. SAFE has provided grant funding and has pledged volunteer educator support for the new program, which will provide individual development accounts (IDAs) and related services to twenty-five (25) eligible low-income individuals.
AFI participants will develop a savings plan and every dollar deposited to their savings account will be matched 2:1 by the AFI project (up to $2,000). Through promoting personal savings, the AFI Program will enable individuals to accumulate long-term productive assets and move toward financial stability by choosing from one of the following assets: buying a first home, starting a business, or enrolling in post-secondary education or training.
AFI Partners in the Community include: United Way of the Southern Tier, ServU Federal Credit Union, StraightTalk Association for Financial Empowerment (SAFE), Arbor Housing and Development, Corning Small Business Development Center, Regional Economic Development & Energy Corporation (REDEC), and M&T (Bank First Home Club Program).
Click here to learn more about eligibility requirements or to view the referral form.