Our economy may be “rebounding” and unemployment rates slowly decreasing for the time being. But, as we have seen, it takes the average American household years to financially recover from lost wages and collapsed markets due to any catastrophic event like COVID-19, 08’market crash. Households’ financial situations are holding steady, as measured by Federal Poverty level and other criterions. Our support to funded partners has contributed to strengthening the financial situation of people in community. 

Programs empowering Financial Stability 

• Toledo Financial Opportunity Center - LISC
• Solidarios: Bridging the Gap- Integration
• Advance Employment & Training Program
• Wood County Financial Opportunity Center Great Lakes Community Action Partnership
• Housing Outreach and Assistance - Salvation Army
• Ottawa County Community Support Services - Sutton Center
• Ottawa County Transitional Housing - RAH

In 2022, individuals and families were still benefiting from Cliff benefits after the pandemic. We saw a boom in the number of businesses opening and an increase in credit scores due, with benefits such as these there was a significant decrease in those living under 200% of the Federal Poverty Line. Once the Cliff benefits come to an end we may see a shift in this population percentage.

-SW