Still, three-quarters of the service firms said they recruited in low-income
Thirty-seven percent (37%) of the low-income
customers made three or more payments during 4/1/94 to 10/1/94 while only 25% of the non-low income customers made three or more payments.
On average, low-income
households have fewer assets and lower net worth and experience more frequent employment disruptions than high-income households; these factors combined with a low income often result in higher loan denial rates.
Bernie Wilson, H&R Block vice president, added, "We believe this relationship has the opportunity to transform how low-income
individuals access critical services such as tax preparation, government benefits and banking services.
Developers scoff at the idea they'll make big bucks building low-income
For example, it would likely be easier for highly selective schools to institute this type of program because they generally have higher tuition revenue and a smaller low-income
They suggest that if childcare centers are located in low-income
neighborhoods, then low-income
parents would have easier access.
Common Ground will receive $436,000 from NYSERDA for 1,249 units of low-income
and supportive housing.
The Center on Budget and Policy Priorities annually offers updated toolkits in various languages for understanding and marketing the EIC, the child credit and other tax benefits to low-income
taxpayers; see www.
lone mothers are particularly at risk because their labour-market attachment is unstable and low-paying.
Southern National's mortgage-lending efforts for 1993 show further improvement when the number of home mortgages made to low-income
borrowers in non-MSAs are considered.
E*TRADE FINANCIAL's investment in One Economy has shown that when we make good information readily available to low-income
individuals, they act in their own best interest," says One Economy's CEO, Rey Ramsey.