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Family Prosperity Initiative
Building healthy communities is a priority for Salt Lake County and the Library. As an innovative community hub that provides equal access to all Salt Lake County residents, the Library regularly provides programs and opportunities for individuals and families to gain the skills and resources they need to ensure self-sufficiency and to prepare for their futures.
With more than 1,000 refugees and many immigrants from Mexico and South America arriving in Salt Lake County each year, programs specifically designed to meet their needs are of great importance.
Family Prosperity Initiative, a collaborative effort between Salt Lake County Library Services, English Skills Learning Center, Utah State University Extension Services, Salt Lake County Office of Community Innovation, Guadalupe Schools, International Rescue Committee of Salt Lake City, Refugee & Immigrant Center - Asian Association of Utah, is a financial literacy program for the newcomer and general population residing in Salt Lake County and surrounding areas.
Family Prosperity Initiative partners identified the need to provide quality and culturally appropriate programming to build understanding and literacy surrounding financial concepts such as understanding basic banking, budgeting, future planning, credit products, and the consequences of utilizing credit in Utah and the United States.
Funded with a $99,000 grant from The Smart Investing @ Your Library® program of the American Library Association and the FINRA Investor Education Foundation, the Family Prosperity Initiative program promotes classes through all community service outlets by integrating our curriculum into existing class structures for English, life, and health education. Stand-alone class series on a variety of financial and investing topics will be available.
Salt Lake County Library Services was one of 14 public libraries nationwide chosen to receive the grant.
TIMELINE:
February 2015 – Curriculum development
September 2015 – Classes begin
TIMELINE:
  • 1,200 individuals from the immigrant and refugee communities will gain the confidence and skills needed to better manage their finances as well as the knowledge to build assets and family prosperity.
  • 300 individuals of the general population will attend stand-alone classes.
  • Information, knowledge and resources will be shared by participants with others in their community.