Economic Opportunity

Description

Our economic opportunity work addresses racial, gender, and geographic inequities in income, wealth, and opportunity. As the recognized local leader in the financial empowerment field, we develop strategic partnerships, raise resources, and create innovative and measurable solutions. While our initiatives are open to all people in Allegheny County, active outreach efforts ensure that a majority of the households we support are in under-resourced communities. 

Goal of Program

In support of our North Star — to move 100,000 low-income Pittsburghers up the socio-economic ladder — our goal is to build the long-term financial stability of local residents. We measure our progress against that goal by tracking confidence, newly adopted behaviors, banking status, and improvements in savings, debt, and credit scores.

What We Provide

Our programs are integrated into existing offerings provided by local partners — like emergency rental assistance, supports for small business owners, job training for youth, or resources for new parents. We connect with these partners to provide free financial counseling through the Financial Empowerment Center, incentives and supports to families to save through Fund My Future PGH, opportunities for those without bank accounts to access safe products through Bank On Allegheny County, financial education training for youth through our Youth Banking initiative, investment advice for Black women, and credit building tools. 

How to Engage

Learn more about all of our Economic Opportunity Initiatives and how to get connected to these resources:

  • Financial Empowerment Center: Schedule a free, one-on-one financial counseling appointment: call 1-800-298-0237, or fill out this brief form and someone will respond. Organizations that want to partner with the FEC can contact Amber Book at abook@fecpgh.org; those that would like someone from the FEC team to present to their clients can fill out this form. Stay up to date with the FEC Blog.

  • Fund My Future PGH: If you live in Allegheny County and have a child between 0-18, go here to join; then open a children’s savings account (if you don’t already have one), let us know you have an account, and be entered to win $1,000 each month. For community partners and financial institutions: contact us here to find out how you can promote Fund My Future with your families. For those with children born after 12/31/18, sign up for $100 through Keystone Scholars here. Contact Toni Corinealdi at toni@neighborhoodallies.org with any questions. 

  • Youth Banking: If you are a service provider for families and youth, collaborate with us to provide financial education and access to non-custodial bank accounts for youth; go here and contact Javier Janik at javier@neighborhoodallies.org.  

  • Asset Building Network: For social service providers, financial institutions, and government agencies in Allegheny County that want to collaborate with us to increase financial stability and wealth building, contact Sarah Dieleman Perry at sarah@neighborhoodallies.org

To get involved or for more information about any of these initiatives, please contact Sarah Dieleman Perry, Director of Economic Opportunity, at sarah@neighborhoodallies.org.

Stories of Impact

Media Coverage| Neighborhood Allies, Urban Redevelopment Authority of Pittsburgh enhance services for small businesses

Media Coverage| Neighborhood Allies, Urban Redevelopment Authority of Pittsburgh enhance services for small businesses

By Liz Carey | March 24, 2022 | Pennsylvania Business Report | Read ...
2021 Economic Opportunity Year In Review

2021 Economic Opportunity Year In Review

Media Coverage | Pittsburgh launching Money Talks next month

Media Coverage | Pittsburgh launching Money Talks next month

By: Patty Tascarella, Pittsburgh Business Times | February 21, 2022 | ...