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It is an intensive program operated by MACAA for homeless families with children which has been structured so that participants learn skills for managing their finances. Participants will develop a service plan for repairing their credit, reducing debt, and building savings as well as addressing other issues contributing to poverty and homelessness. Upon entering the program residents will be expected to open a savings account and their case manager will work closely to create a budget that focuses on debt repayment. This is a change from the past; we feel that individuals need to learn to manage their own money in their own accounts so that they leave with that skill fully mastered. Once debt is paid off the focus will be redirected to building savings. Residents are required to attend and complete a financial literacy class through MACAA’s FES program. Residents are linked to other MACAA programs, such as, Head Start, Project Discovery, or CARES when appropriate, as well as other community agencies. Because Hope House tailors its services to meet the needs of each family, the length of time a family lives at Hope House varies from under a year to fourteen months according to its situation. Program contact: Please contact: Marnie Allen, Hope House Coordinator 434.295.3171 ex. 3021
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