Albany nonprofit gets $100,000 for financial literacy program

Financial literacy programs to get grants

Financial literacy programs to get grants

Albany Community Action Partnership will receive $100,000 to benefit its financial literacy program.

ACAP’s Let’s Make Cent$ program helps low-income people take care of their financial well-being and build a foundation for a better future.

“This Initiative aligns with our mission to partner with families and communities to expand opportunities and build stronger networks to foster upward economic mobility,” Executive Director Neenah Bland said in a statement

The funding is part of $1.1 million being awarded to local organizations to help people improve financial literacy.  Individuals at or below 200% of the federal poverty guidelines will be eligible to participate in the programs.

“Financial literacy is crucial to helping New Yorkers save their hard-earned money as they work to build a better life for their families,” Gov. Kathy Hochul said in a statement. “Through these programs, we can arm New Yorkers in communities across the state with the tools they need to build a more secure economic future for themselves and their loved ones.”