PCRI Collaborates for African American Financial Capabilities Initiative

January 27, 2016 · by pcriadmin · Featured, PCRI

PCRI, Self Enhancement Inc. (SEI) the Portland African American Leadership Forum (PAALF) and the Urban League of Portland are collaborating for the African American Financial Capabilities Initiative to improve and protect the economic security of African-Americans in our region.

NWAFFunded by an initial $1.2 million in grants from the Northwest Area Foundation (NWAF), the initiative will bring together a cohort of African-American-led groups to provide culturally-tailored work that strengthens asset-building services, sharpens policy advocacy strategies, and grows leadership capacity to benefit the communities.

Collaboration is a key aspect of the initiative. Beyond the collaboration between the cohorts themselves and the National Association for the Advancement of Colored People (NAACP) and Corporation For Enterprise Development (CFED), the grant supports and promotes efforts by the cohorts to reach out and convene other organizations that can work collaboratively with groups within the African-American communities of each city.

NAACP and CFED help establish a learning community among cohort members and work collaboratively to provide technical assistance to African-American asset-building organizations that will serve as local anchors for the African-American Financial Capability Initiative in the Twin Cities of Minneapolis and St. Paul, Minnesota, Seattle, Tacoma, Portland and Des Moines, Iowa.

The technical assistance aims to support a sustainable network of African-American asset development entities that produce and deliver premium asset-building resources that better serve the African-American community and encourage financial capability.

The NWAF listens to, learns from, and leads others to grantees’ transformative program and policy work, which helps hardworking people and families overcome crises today so they can establish good credit, launch small businesses, save, and begin to feel secure and hopeful about tomorrow.

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