Financial Opportunity Centers
LISC knows that healthy, sustainable communities are made up of people who have living wage jobs and feel confident about their economic futures. To get there, residents need the skills to advance along the path of employment and manage their money well.
That’s why LISC invests in helping people tackle all the facets of financial life—earning a steady pay check, budgeting, building good credit and saving for education and retirement.
The steps to achieve these goals include supporting employment, promoting career development, providing family and work support, and offering financial education. This programming is known nationally as LISC's Financial Opportunity Centers (FOCs). LISC has a network of nearly 80 FOCs across the country, embedded in local community organizations.
FOCs intentionally integrate 3 services:
- Employment Placement: one-on-one employment counseling, job readiness/job placement, access to education/training
- Income Supports: food stamps, housing & energy subsidies, Earned Income Tax Credit (EITC)
- Financial Coaching: pull/review credit report, establish budget & balances, connect to mainstream financial products