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Financial Stability

GOAL Two: Empower more of our neighbors to thrive, not just survive.

We are focused on strategies that support education, employment opportunities, and resources to achieve financial stability. Under Goal 2, we work for more opportunities for people to attain a high school credential, complete post-secondary degree or training to meet career needs, increase income and assets, and reduce expenses.

Target: 70% of households pay less than 30% of their income on housing.
Baseline: 65% of households pay less than 30% of their income on housing.

49% of renters pay more than the recommended 30% of income on their housing costs, making it difficult for them to afford other essentials such as food and healthcare.

IMPACT OF FINANCIAL SECURITY

Nabil was feeling hopeless. He lost his job, and was struggling to get back on his feet. Not only did he lack the education and credentials needed to find fulfilling and meaningful work, he struggled to navigate the job search process, including how to best fill out applications. Nabil felt anxious and alone with no prospects for his future until a family friend introduced him to Goodwill’s Job Connection Program.

Through this program Nabil took an assessment that helped him find work that suited his temperament, skills, and interests. He worked to strengthen his interviewing skills and worked on relaxation and breathing to help him stay calm. Beyond preparing for his job search, he worked on budgeting and even explored ways to put his skills as a photographer to work.

After applying his new skills, Nabil was hired at a local manufacturing company. His hard work has paid off. He has received two promotions and is on his way to becoming a supervisor.

Do you know what your United Way donation looks like? It looks like hope. It looks like neighbors thriving – not just surviving.

Goodwill’s Job Connection Program, funded by United Way of Greater Portland, works to advance Thrive2027 Goal 2 (Empower our neighbors to thrive – not just survive) by ensuring that individuals have opportunities to identify and secure meaningful employment and have the necessary supports to be financially stable.

JOIN THE FINANCIAL STABILITY EFFORT

FINANCIAL STABILITY CABINET

See full list of Thrive2027 cabinet members here