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United Way outlines regional financial security center as commission approves emergency funding for community supports
Summary
United Way of Northwest Louisiana presented a regional Financial Security Center and financial-literacy efforts focused on ALICE households; commissioners approved distributing existing emergency reserve funds (up to specified amounts per agency) to support relocation, counseling and crisis services after the April 19 tragedy.
United Way of Northwest Louisiana President and CEO Tori Thomas told the Caddo Parish Commission on April 15 that the organization has launched a Financial Security Center offering one-on-one coaching, debt negotiation support, "financial wellness at work" employer pilots, the Dolly Parton Imagination Library outreach and the 2-1-1 connection service. Thomas described the ALICE population (Asset-Limited, Income-Constrained, Employed) and said United Way plans to expand services across the 10 parishes it serves.
Thomas said the organization's financial counseling has produced aggregate results since May 2020, including approximately $3,000,000 in negotiated debt reduction and substantial client savings and credit-score improvement through counseling and bank partnerships. She…
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