Included briefs describe the federal funding programs we identified, with a focus on the components of the integrated strategy that might be publicly supported, the eligible populations and use of funds, and possible issues that might arise. (Abstractor: Author and Website Staff).
Major Findings & Recommendations
"The CWF approach revolves around offering clients a set of focused bundled services in three overlapping areas: EMPLOYMENT AND CAREER ADVANCEMENT- including assistance with job readiness, job placement, occupational skills training, education and career advancement. INCOME ENHANCEMENT AND WORK SUPPORTS- helping clients gain access to public benefits, tax credits, financial aid and other benefits to improve their financial security. FINANCIAL AND BUILDING SERVICES- workshops, classes, one-on-one counseling and access to affordable financial products and services to help clients improve their household finances and build assets. A key aspect of the CWF model is that programs bundle and sequence services rather than offering just one component, or offering multiple components but leaving it up to participants to discover and seek out additional services. The hope is that the services will have a more-than-additive effect in promoting economic security, enabling clients to resolve immediate crises, acquire skills and credentials, get better jobs, and build the savings needed to prevent the next crisis and build for the future. Early evidence indicates that clients who receive bundled services are three to four times more likely to achieve a major economic outcome (such as staying employed, earning a vocational certification or associate's degree or buying a car) than clients receiving only one type of service. (p. 1) (Abstractor: Author and Website Staff)