Family Financial Stability Fund
In the face of what many economists see as a "jobless" recovery, United Way of Massachusetts Bay and Merrimack Valley today released a comprehensive, community-driven campaign to help families out of financial crisis and toward financial stability. The new campaign calls for:
- Ensuring families are aware of the resources that exist to get them the help they need to get back on their feet;
- Expansion of the availability of swift emergency assistance for basic needs, and
- Increased support for the region's nonprofits to help bridge the gap from immediate emergency assistance to better long-term financial stability.
United Way is kicking off the campaign with an immediate $350,000 investment and is calling on the community to support the effort to help families recover from the economic crisis.
You can help. Visit ChooseYourImpact.org to learn more.
Testimonials on the Family Financial Stability Fund:
"On behalf of the Patrick-Murray Administration, I applaud the United Way of Massachusetts Bay and Merrimack Valley for their continued leadership in promoting awareness and resources for individuals and families during a very critical time," said Lieutenant Governor Timothy Murray, who attended today's announcement. "By partnering with a number of agencies in the region, United Way's initiative will provide individuals and families with the needed emergency assistance this winter while also helping them move towards financial security."
"Unemployment in Massachusetts has reached its highest level in 33 years, more than 1,000 families are living in motels because shelters are at capacity." said Michael K. Durkin, president and chief executive officer at United Way of Massachusetts Bay and Merrimack Valley. "Now is the time for the community to come together to ensure we have a coordinated, collaborative approach that not only ensures individuals and families get the immediate help they need while they are on the brink, but also to ensure they are able to achieve a level of financial stability necessary to become thriving, contributing members of the Commonwealth."
