Financial Security for Families
Nazareth Housing delivers essential economic and financial empowerment services designed to help households understand, manage, and build their economic resources and financial capability.
Nazareth Housing’s MoneyLab program creates stable futures for families by building their economic resources and financial stability. With programs such as free VITA tax preparation, EITC screenings, one-on-one budget preparation, financial capability workshops, savings linkage resources, debt reduction advocacy, and credit repair services, MoneyLab ensures that the short-term financial emergencies that brought a family to Nazareth Housing do not happen again.
Financial coaches at Nazareth Housing create long-term plans and work with clients each step of the way as they steadily create a solid financial foundation upon which to create a bright and rewarding future.
“I needed to fix what was holding me back: my student loans and my child support. Nazareth Housing helped me out with that. I’m out of default now and it’s a big weight off my shoulders. My future is a bright light and anything is possible.”Enrique, Nazareth Housing Client
returned to 1,266 individuals during the 2019 Tax Season
individuals received one-on-one financial coaching in FY19
A Multidimensional Approach
88% of the families that Nazareth Housing assists make less than 30% of the Area Median Income, or about $28,170 for a family of three. With soaring costs of housing and other necessities, effective family budgeting is critical to help families understand, manage, and build their economic resources and financial capability.
A Solid Foundation Upon Which to Build Success
MoneyLab helps resolve financial issues that stand in the way of housing stability and overall well-being. Addressing these common financial obstacles translates to improvement in all other areas of life, especially when complemented by other Nazareth Housing programs.
Free VITA Tax Preparation
MoneyLab helps clients resolve financial issues that stand in the way of housing stability and overall well-being. Addressing these common financial obstacles translates to improvement in all other areas of life, especially when complemented by other Nazareth Housing programs.
Each year staff and volunteers prepare thousands of tax returns free of charge
All clients are screened for access to other services — from entitlement programs to one-on-one financial coaching to housing assistance
All clients are seen by scheduled appointments to maximize efficiency and maintain dignity
Volunteers receive thorough training on understanding the sometimes complex demographics and configurations of low-income households
Many clients ultimately receive refunds equal to 20% or more of annual household income