In 2017, Preservation of Affordable Housing (POAH) reached out to LISC Greater Kansas City and Community Services League (CSL) to help manage an innovative program at Hawthorne Place. Hawthorne Place Apartments (HPA) is an affordable housing development owned and managed by POAH located about 30 minutes outside downtown Kansas City.
Financial education is an important component to building community wealth. The Federal Reserve System has three primary functions: to conduct monetary policy, supervise and regulate financial institutions and support the payments processes. Through those functions, the organization is able to further promote stability.
Financial literacy is the ability to understand financial management, budgeting and investing. LaTasha Jacobs, executive director of Pathway Financial Education, is a Kansas City resident and community leader dedicated to closing the racial wealth gap. Within the past three years, the racial gap has grown. Education is one of the top determinants of that growth.