Save Up Program

Through a partnership with a local Community Development Corporation, Mr. and Mrs. Abram came to us with the goal of purchasing a home for their family.  Mr. Abram (a minister) during the course of participating in Save Up was able to secure additional employment as a teacher, which allowed his wife to remain home with their three children.  Both parents came to the Save Up financial literacy classes and began saving for their home that was already identified by the Community Development Corporation that connected them to RISE.   Having a house in mind to buy made it easier for them to see the light at the end of the tunnel.  It also made participation in the program pretty easy for both of them because they could see how savings was important in reaching their asset goal.

In August, 2013, the Abrams were finally able to close on their home, valued at $76,000. It was the home that had been restored by the Community Development Corporation and located in a community that both parents felt was safe for their children and close to their church and other community resources important to their family. Because of their involvement with RISE and the Community Development Corporation they were able to take advantage of programs that lowered their closing costs and even had money left in their savings with RISE that can be used for additional improvements to their home. 

Now that the home is purchased, the Abrams won't stop saving because they know that this house is now their home. They know that continuing to save will help them to make sure that their home is maintained properly.  They will continue to save for up keep costs on their home and start to look at how they can pay for their children's college education.  According to Mr. Abram, "It feels good for this house to finally be a place that they can call HOME!”