finEQUITY.org is a new initiative focused on the financial health of families in spite of incarceration. Our vision is to build tools and services to further a prison-to-prosperity pipeline. Our programs unlock access to the bedrock of financial health, particularly affordable apartments, the ability to afford to get to and from work, utility services, cell phone services, and financial services such as no-fee banking and no-interest credit building opportunities.

 

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The national prize competition, hosted by Render in collaboration with Access Ventures and the University of Louisville Health Equity Innovation Hub, is focusing on eliminating barriers to employment in the Louisville region in its second iteration. A total of $750,000 will be awarded through the challenge. FinEQUITY, one of the five winner, will each receive a grant from Access Ventures to implement their solutions in the Louisville and Southern Indiana region over the next 12-18 months.

BIG NEWS: Today the City of New York announced the NYC[x] Moonshot: Financial Inclusion Challenge winners celebrating the diverse range of innovative solutions proposed to aid unbanked and underbanked New Yorkers. The four winners are finEQUITY.org, Mobility Capital Finance Inc. (MoCaFi), Lower East Side People’s Federal Credit Union, and Proyecto Verde.

The Sparkplug Foundation awards a grant to finEQUITY.org to expand their New York State in-prison correspondence course. finEQUITY’s correspondence course, which is delivered to New York State prisons via postmail covers strategies for avoiding extractive financial services and includes first-hand experiences on navigating financial barriers after incarceration.

The South Park Commons and the Agency Fund have selected finEQUITY.org to join its first Social Impact Fellowship Class, working across geographies and sectors  to collectively learn and explore how to support the agency of people exposed to poverty and marginalization.

The Financial Solutions Lab has awarded grants to advance a partnership between finEQUITY.org and the International Rescue Committee’s Center for Economic Opportunity (CEO). Together, CEO and finEQUITY.org will work together to promote financial health by connecting returning citizens with tools and resources to build resilience and thrive.

FinEQUITY.org joins FastForward.org’s Biggest, Most Global Nonprofit Tech Accelerator Cohort.

Founder of finEQUITY.org is selected for a $225K national fellowship for social entrepreneurs. The national, multi-year program partners with early-stage organizations to help them expand their work on crucial issues such as racial equity, economic opportunity, workers’ rights, and environmental sustainability.

finEQUITY.org is selected by the Financial Health Network and Financial Solutions Lab to join their 2020 Exchange Grant Program. The grant will fund a collaboration between finEQUITY.org and the Hebrew Free Loan Society. This partnership will advance a pilot program with New Yorkers who have experienced incarceration by providing an educational experience in credit and providing access to an interest-free credit builder loan.

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