Financial Capabilities Programs

Program Description:

The Financial Capabilities Programs assist participants with a wide array of financial counseling and coaching services to develop a comprehensive budget to understand their entire financial picture. This includes the cost to live month to month, to identify all income sources and debt obligations, and to develop a strategy to eliminate debts and achieve their goals. This program works in collaboration with Newcap program participants.

Services under the Financial Capabilities Program:

  1. Budget Counseling

    Program Description:

    Do you need help to develop a budget? During your session, our Financial Coach assists clients with establish a budget, evaluate debt, set financial goals, and develop an action plan.

    Eligibility Requirements:

    Live in the Newcap service area.

  2. Mortgage & Tax Relief Counseling (HCRI)

    Program Description:

    Are you behind on your mortgage or real estate taxes? During this counseling service, our Financial Coach guides clients to get back on track if they have fallen behind with mortgage payments or taxes. Our trained counselor discusses available options for curing your delinquent home loan and create an action plan for successful homeownership.

    Eligibility Requirements:

    Live in the Newcap service area.

  3. Homebuyer Counseling

    Program Description:

    Are you thinking about buying a home? During this counseling service, our Financial Coach will sit down with you and help you determine if you are ready to buy; help calculate how much home you can afford, review your credit report with you; help you determine the right mortgage loan payments; and go over everything from pre- to post-purchase.

    Eligibility Requirements:

    Live in the Newcap service area.

    Student Loan Counseling:

    Program Description:

    Need some help understanding your student loans? During this counseling service, our Financial Coach helps clients understand the options of student loan repayment. What types of student loans do you have? Who holds the student loans?  Is consolidation of your student loans an option? Are the loans government or private?  What is the difference between them and why is it important?

    Eligibility Guidelines:

    This counseling service is open to anyone in the Newcap service area at no charge if under 200% Federal Poverty Guidelines. For clients over 200% of the Federal Poverty Guidelines, a fee of $50 will incur. Use our eligibility calculator to find out if you may be eligible for this program.

    Application Process:

     

Please first fill out our intake form here.

 

Once you have filled out the above intake form. Please come back and complete Financial Capabilites application here:

Financial Capabilities Intake Form

Financial Capabilities Intake Form

Applicant Personal Information

Applicant Employment Status

Co-Applicant Personal Information

Fill out all questions if you have a co-applicant.

Co-Applicant Employment Status

Please fill out all fields if have a co-applicant.

Monthly Living Expenses

Fill out the below fields in as much detail as you are able to. If you spend nothing a month in one of the below fields, please put "0".

Debts