CAAB is Awarded National Grant for Outstanding Contributions to Bring Financial Independence to Low-Income Communities
Washington, DC - September 29, 2017 - Capital Area Asset Builders (CAAB) received yesterday the 2017 Justice Grant Award from Opportunity Finance Network (OFN). OFN, a national network of community development finance lenders, presents the Justice Grant each year to an organization whose mission supports economic, political, or social justice in the U.S.
"For many in our nation's capital, the American dream feels unattainable," said Lisa Mensah, CEO and President of OFN. "Thanks to Capital Area Asset Builders, residents who have been left behind are now pursuing lifelong goals, such as purchasing their first home or being the first in their family to attend college. We applaud CAAB for their significant impact in D.C. and we hope more individuals and communities will benefit from programs like these and join the economic mainstream."
"CAAB's goal is to create a community where everyone has equal opportunity to save and invest in their dreams," said Rich Petersen, CAAB's Executive Director. "Many families in the Washington metropolitan region are struggling to achieve financial wellness, and many small business owners can't get out of debt. OFN's Justice Grant is an honor to receive and we are grateful for the national visibility to help ensure our programs reach a wider network of people who lack access to education and non-biased information on financial matters."
Read OFN's press release on the announcement of the 2017 Justice Grant Award here.
About Capital Area Asset Builders
Capital Area Asset Builders (CAAB) is a non-profit organization whose mission is to empower low- and moderate-income residents of the Greater DC Area to take control of their finances, increase their savings, and build wealth for a better future.
Connect with CAAB via our social media platforms:
- Twitter: @CAAB_GreaterDC
- Facebook: https://www.facebook.com/CapitalAreaAssetBuilders
- LinkedIn: https://www.linkedin.com/company/capital-area-asset-builders
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