Financial Futures Department
ABCD’s Financial Futures Initiative helps low-income households permanently escape poverty by building assets through home ownership, savings, higher education and entrepreneurship.
This initiative currently includes an Individual Development Account (IDA) program with matched savings accounts to help low-income workers save for and purchase a home. Last year, more than 50 people signed up for a 30-person IDA workshop series, demonstrating the huge demand for this program.
ABCD's Financial Futures Initiative has also developed an agency-wide approach to Financial Literacy Education for consumers of ABCD services. Along with IDAs, the program will include the Earned Income Tax Credit (EITC) tax assistance program, and access to credit counseling and other specialized programs.
Programs administrated by the Financial Futures Department include:
News and Announcements
Financial Futures is looking for volunteers for the 2011 Tax Season!
In 2010, ABCD's Volunteer Income Tax Assistance (VITA) program secured more than $7.6 million in Earned Income Tax Credits (EITC) and income tax refunds for Boston's low-income working families and individuals. ABCD's program prepared nearly 5,600 tax returns.
The Volunteer Income Tax Assistance (VITA) program prepares and provides support for volunteers who prepare taxes for low-income individuals and families, and maximize access to the Earned Income Tax Credit (EITC). Our volunteers are IRS-certified, and are trained to assist clients in finding hundreds of dollars worth of tax credits that many may not have known they are even eligible for.
Interested in making a big difference in just a few hours each week? Volunteer with ABCD’s VITA program! Contact Kenyia Elisa-McLaren, Volunteer Coordinator by phone at 617-348-6591 or email volunteer@bostonabcd.org.
Staff Contact
Vernette Allen, Director of Financial Futures
vernette.allen@bostonabcd.org
Phone: 617-348-6580
Location
The Financial Futures Department is located at 178 Tremont Street, 2nd Floor, Boston, MA 02111