The Financial Stability Network was established in October 2016 to provide pro bono financial services to those who otherwise would not have access to financial education and coaching. The goal of the Financial Stability Network is to assist low to moderate income families and individuals to increase income, build assets, and gain/sustain assets.

What does the FInancial Stability network do?

The Financial Stability Network provides pro bono (free) assistance in the following areas:

  • Financial Coaching

Clients will meet with a trained financial coach once per month for one year (12 sessions). Sessions cover budgeting techniques, financial management, and goal attainment strategies.

  • Financial Education

A broad range of financial topics are offered through classes taught at churches, schools, and community organizations that sponsor a 90 minute session at their site.

  • Tax Assistance

Tax returns are prepared by IRS qualified volunteers with review by tax professionals through the Volunteer Income Tax Assistance Clinic

The IRS has just approved a Virtual VITA Service Delivery Model. This new model is focused on Form W2 taxpayers who are expecting a tax refund. (For taxpayers who owe taxes, the IRS has moved the filing date from April 15 to July 15.) Taxpayers (with income levels less than $56,000) who have access to a “smart phone”/computer (with a camera) can get their taxes safely prepared for free!

If you or your client is interested, please use the following email address to schedule an appointment: ccvirtualvita@gmail.com

Should you have any questions, please reach out to jim.shanahan@cc-dc.org

Who is Eligible?

The Financial Stability Network assists residents of the District of Columbia and the surrounding Maryland counties of Montgomery, Prince George’s, Calvert, Charles, and St. Mary’s. The programs of the Financial Stability Network are targeted to potential clients who have low to moderate income. The Financial Stability Network does not discriminate on the basis of race, religion, ethnicity, nationality, or any other protected status recognized under the law.