Vision
The Snohomish County Financial Asset Development Coalition envisions a Snohomish County wherein all individuals and families are able to live, work, meet basic needs, prosper, and realize their potential.
Mission
In partnership with an engaged community, the purpose of the Snohomish County Financial Asset Development Coalition is to provide Snohomish County residents with a variety of pathways to prosperity by sharing a full range of high-quality tools and services for building financial assets.
Objectives
The Snohomish County Financial Asset Development Coalition is working to advance the following five objectives:
- Capacity building: Increase the visibility of Snohomish County Financial Asset Development Coalition and continually add new members to the coalition and create a website for the coalition with links to helpful tools such as the self-sufficiency matrix.
- Income Tax and EITC: Increase the number of low-income people receiving tax assistance and collecting the Earned Income Tax Credit (EITC) and add tax services throughout the county and to help over 1200 clients through the United Way of Snohomish County tax sites.
- Financial Education: Provide financial literacy professional development training to “frontline” and other relevant community agency staff. Workforce Development Council is taking the lead on several training options for youth providers and frontline health and human services staff.
- Public Policy: Develop and promote public and lending policies for asset building. The goals for this area include: a public asset building summit, legislative outreach to our local legislators and a youth provider summit.
- Asset Ownership: Increase asset ownership among low-income families. The goals for this area include growth of Individual Development Accounts (IDA) by 50% in the county and the addition of the IDA Investor Club meetings/trainings.
