Hartford public library, in partnership with connecticut association for human services, the cities for financial empowerment fund's bank on, and liberty bank, will develop and implement an…
Active Project Grant Awarded Last action
- Award ID
- LG252359OLS22
- Recipient
-
Hartford Public Library UEI N3URCNDX3KH9
- Awarding agency
-
Institute of Museum and Library Services
National Foundation on the Arts and Humanities
- Obligated
- $979,727
Award facts
- Assistance listing
- 45.312 National Leadership Grants
- Completion date 91% complete
- Originally
- Funding
-
- $487,853.00 Federal
- $491,874.00 Non-federal
- Place of performance
- Hartford, CT 06103, USA
Award details come from USAspending.gov.
Description
Hartford public library, in partnership with connecticut association for human services, the cities for financial empowerment fund's bank on, and liberty bank, will develop and implement an adaptable financial capability model designed to connect unbanked and underbanked individuals with mainstream financial institutions. This project refines the lending circle practice by fostering a responsive and ongoing partnership directly between the participant and their local bank through a matched savings program that enables the participant to build a financial history. They will supplement the lending circles by direct and ongoing engagement with each other, library staff, bank representatives, financial coaches, and cultural navigators. They also will create campaigns, incorporate financial literacy content in ESL classes, and create professional development trainings. UN- and underbanked immigrants with limited english proficiency and/or with under 10 years of U.S. Residency will benefit from this project.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Original award | $487,853 | $491,874 |
Quick answers
Who received award LG252359OLS22?
LG252359OLS22 was awarded to Hartford Public Library by Institute of Museum and Library Services (National Foundation on the Arts and Humanities) on August 1, 2022.
How much is award LG252359OLS22 worth?
$979,727 has been obligated on LG252359OLS22: $487,853 in federal funding and $491,874 in non-federal funding.
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