An 8-year-old jobs and money program is coming to Kansas City this summer with individual coaching for qualified residents.
By MARK DAVIS
The Kansas City Star
The Greater Kansas City Local Initiatives Support Corp., or LISC, backed by funding from Bank of America and others, plans three Centers for Financial Opportunity in the area’s urban core.
At each center, nearby residents who qualify will receive long-term help from an employment coach, a financial coach and a specialist in public benefits.
The aim, over one or two years of coaching, is to boost the incomes and wealth of struggling local families.
“It really is looking to help families that find themselves in a situation, the working poor,” said Terri Mueller, deputy director of the Greater Kansas City LISC.
Mueller said that could include young residents who are just starting to set their financial habits.
The organization already operates 66 such centers nationally. They draw on locally established experts and funding.
Its first Kansas City center will open this summer at Rockhurst University and serve the surrounding neighborhoods such as Ivanhoe and Blue Hills.
Catholic Charities will provide the full-time staff members to help qualified residents with income support and financial coaching. The Full Employment Council will provide the employment coach.
Those willing to commit to the program will get help finding better jobs, creating and living within a budget, improving their credit scores, handling debt, building their net worth and planning.
Mueller said sessions probably would be monthly but would fit the needs of each participant.
A second center is planned at Truman Medical Center. It’s likely to open in the third quarter of this year, said Chris Vukas, senior lending and underwriting officer for the Greater Kansas City LISC.
The location of a third site will be chosen later. Greater Kansas City LISC said it continues to seek funding for these sites.
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