Arlington 365体育投注英超联赛欧冠 FCU Partners with APAH to Launch Building Financial Stability, Fostering Mobility Program

2022年11月17日

A弗吉尼亚州RLINGTON (2022年11月16日 Arlington 365体育投注英超联赛欧冠 Federal Credit Union announced today it will partner with Arlington Partnership for Affordable Housing (APAH) on an Individual Development Account (IDA) program, Building Financial Stability, Fostering Mobility. This specialized savings program is a tool proven to increase economic stability and success. Participants who have completed similar programs often go on to reduce debt, 成为房主, 创业, 还有更多.

Arlington 365体育投注英超联赛欧冠 FCU will open dedicated savings accounts for APAH participants, reinforcing the credit union’s mission to empower the financial lives of its members. 的账户, APAH担保, will help facilitate regular contributions from participants who will receive a 5-to-1 match on their first $500 saved. Residents can then use these funds to grow personal savings further, 偿还应计债务, or make strategic investments, leading to the realization of their personal goals.

The participants will attend financial education courses on critical topics, including individualized goal setting and matched program saving accounts. They will receive goal-specific resources and support through program partners, including Arlington 365体育投注英超联赛欧冠 FCU, as part of their commitment to provide life-enhancing financial education to their communities.

“Partnering with APAH and other local nonprofits is an example of how we live into our purpose of creating opportunities for impact and inspiring positive change,” states Arlington 365体育投注英超联赛欧冠 FCU’s CEO, 凯伦·罗萨莱斯. “We are extremely proud to provide the APAH participants accounts and resources to create a savings plan and support them at every step along their financial journey.”

Research has demonstrated that even modest savings toward significant personal goals can have an out-sized impact on sustained, positive financial habits, 以及目标达成. APAH总裁兼首席执行官, Carmen Romero expressed, “We are thrilled to partner with Arlington 365体育投注英超联赛欧冠 FCU to create these savings accounts for our Building Financial Stability, Fostering Mobility 项目参与者. We are proud to establish a practical, tangible pathway to break the cycle of poverty that many APAH households have found themselves in and support their progress to a better financial future.”

APAH received financial support from Bank of America, Northrup Grumman by way of NEF-LISC Bring Them HOMES, and Capital One to launch Building Financial Stability, Fostering Mobility.

For more information on Arlington 365体育投注英超联赛欧冠 FCU’s community initiatives, visit eil.dctdsj.com/community.

About Arlington 365体育投注英超联赛欧冠 Federal Credit Union 

For 70 years, Arlington 365体育投注英超联赛欧冠 FCU (dctdsj.com) has been committed to empowering the financial lives of its members. The credit union serves more than 23,000名会员, 工作, 敬拜, 志愿者, 上学, and do business in Arlington, 亚历山大市, the City of Falls Church, 和费尔法克斯县. Arlington 365体育投注英超联赛欧冠 FCU has $471 million in assets and four branch locations in Arlington, 亚历山大, 和瀑布教堂, VA.

关于APAH

成立于1989年, APAH now helps more than 2,600 households live in stable, 安全, and affordable rental homes. APAH has more than 300 affordable apartments under construction and an additional 1,500 in its development pipeline. APAH’s Columbia Hills Apartments received the 2019 ULI Washington Trends Award for Excellence in Affordable Housing. And both Columbia Hills and Gilliam Place, APAH’s most recent projects, were recognized as Virginia’s Best Affordable Housing project by Virginia Housing. In 2020, APAH was named one of the nation’s Top 50 Affordable Housing Developers by Affordable Housing Finance magazine. The organization was named 2021 Developer of the Year by HAND, the Housing Association of Nonprofit Developers. In 2022, APAH’s Queens Court Apartments received HAND’s award for the Best Large Affordable Housing Project.