The Middletown Press (Middletown, CT)
CRT, Liberty Bank offers initiative
MIDDLETOWN — Community Renewal Team, in partnership with Liberty Bank is pleased to announce the availability of a unique Community Asset Building Initiative to help people in Hartford and Middlesex Counties achieve financial independence and security as they save money for future home ownership.
Qualified individuals will enroll in a special online training course with CRT financial counselors. Upon the successful completion of all 10 modules in this course, along with opening a special CABI savings account through Liberty Bank, those individuals will be eligible to receive up to a one-to-one match of $ 1,000 from Liberty Bank to help them achieve the dream of owning their own home.
“We are thrilled to be working closely with our partners at Liberty Bank to offer this valuable incentive program for people who are trying to fulfill the dream of homeownership,” said Elizabeth Horton Sheff, Director of Community Services for CRT. “What better way to begin the New Year than to give people a tangible way to get on track financially – and stay on track until they achieve their personal financial goals?”
The CABI program offers participants incentive savings matches, personal and money management education, peer and staff support, and individual counseling to make asset ownership attainable.
Admission in the CABI program does require a pre- application, and qualified participants will be added to the program on a rolling basis. The first 10 people to successfully complete the course requirements and establish and maintain their CABI savings account will receive the $ 1,000 matching grant from Liberty Bank.
Individuals that are interested in participating in this unique asset-building initiative should contact CRT’s Financial Literacy Coordinator Eileen Feliciano via email at felicianoe@crtct.org or call: 860-560-4210.