Financial Opportunity Corps
For decades, national service has been a cost-effective solution to critical challenges facing our communities and nation. Recognizing the value of national service in improving lives and strengthening communities, President Obama created the Task Force on Expanding National Service in July 2013 to expand national service to meet national needs through collaboration with other Federal agencies and the private sector.
In August 2013, CNCS joined with Bank of America and Points of Light to launch Financial Opportunity Corps, an AmeriCorps VISTA project that will provide financial coaching to 10 communities around the nation. By training low- and moderate-income families how to better manage their money, reduce debt, and build emergency funds, these AmeriCorps VISTAs can help them change the way they think about their financial situation and provide encouragement that can help them see the light at the end of the tunnel.