PEC News / Events
PHILADELPHIA, PA – January 23, 2014 – West Philadelphia residents will have access to comprehensive career and financial services in their own neighborhood with the launch of a new Financial Opportunity Center (FOC) at the People’s Emergency Center (PEC), in partnership with Philadelphia LISC.
The addition of the FOC will expand services currently offered through PEC’s Center for Employment and Training, which provides area residents with access to job readiness and placement programs. The FOC will focus on improving the financial bottom line for low-to-moderate individuals and their families through the integration of LISC’s comprehensive service model that includes financial education and coaching, employment training and placement, and access to public benefits.
“Our formerly homeless residents face several barriers when entering or reentering the workforce, and many families in our neighborhood are one missed pay check away from losing their homes. We are thrilled to partner with Philadelphia LISC to provide this innovative model
to our neighborhood and support residents in creating brighter financial futures for themselves and their families,” said Farah Jimenez, PEC President and CEO.
Pioneered by LISC, this one-stop-shop service approach is implemented across 70 centers nationwide, including two others in Philadelphia, operated by the University City District and the Asociación de Puertorriqueños en Marcha (APM). In Philadelphia, the FOCs are made possible thanks to funding from State Farm, Citi Foundation, Walmart Foundation, and the William Penn Foundation.
“FOCs bundle complementary services for clients to make the greatest impact in people’s lives. We help families secure and maintain employment, increase their income, build savings, and acquire assets. It is a proven strategy for improving families’ long-term financial outlook, while contributing to neighborhood revitalization,” said Andrew Frishkoff, the Executive Director of Philadelphia LISC. “At LISC, we build on strong existing programs in the community, like PEC’s Center for Employment and Training. We are thrilled to continue our partnership with PEC and the community of West Philadelphia.”
Philadelphia LISC is a local program of the Local Initiatives Support Corporation, (LISC), a national non-profit development organization dedicated to transforming distressed neighborhoods into healthy, sustainable communities of choice and opportunity. Philadelphia LISC works with Community Development Organizations (CDCs), to provide the tools and programs needed to initiate positive change and transform neighborhoods into healthy, vibrant communities. For more information visit www.philadelphialisc.org.