The Housing Authority of the City of Los Angeles and USC Credit Union Connect Nickerson Gardens Residents with Financial Literacy Education
Los Angeles, CA. - The Housing Authority of the City of Los Angeles (HACLA), in collaboration with USC Credit Union, successfully concluded a transformative financial literacy initiative for participants of the Jobs Plus workforce development program at Nickerson Gardens. A total of 65 residents were equipped with essential financial knowledge through a series of 22 interactive workshops conducted in English and Spanish, both virtually and in person.
The USC Credit Union's commitment to fostering financial well-being and the Housing Authority of the City of Los Angeles' dedication to empowering communities came together to create a comprehensive educational program tailored to the specific needs of Nickerson Gardens residents.
The workshops covered a range of critical topics, including Budgeting and Savings, Credit Building, and Building Healthy Financial Habits. Through these engaging sessions, participants gained practical insights and valuable tools to better manage their finances, make informed financial decisions, and build a brighter financial future.
The program's impact was immediate, with participants expressing enthusiasm and newfound confidence in managing their financial lives. One resident participant said, "I have already put in place in my mind what I'd like my financial life to look like thanks to this."
The Housing Authority of the City of Los Angeles and USC Credit Union are both elated with the overwhelming response from the community and are committed to continuing this impactful collaboration to reach even more residents in the future.
"This financial literacy series has been the result of the true collaborative efforts of Austin Jackson and the team at HACLA. The dedication to the outreach and the commitment and engagement of all participants has manifested into the outcome, which has been one of learning, growing and access to financial knowledge,” said Rocio Flores, Ed.D, Chief Social Impact Officer at USC Credit Union “We hope to replicate similar opportunities throughout HACLA and with other local community focused organizations."
As the program concluded successfully, both organizations look forward to exploring further initiatives to support financial education and empowerment within Los Angeles communities.
To learn more about the Housing Authority of the City of Los Angeles and their ongoing community development efforts, please visit www.HACLA.org. For more information on USC Credit Union's financial literacy programs and other community initiatives, please visit www.USCcreditunion.org.
The Housing Authority of the City of Los Angeles (HACLA) was established in 1938 by City of Los Angeles Resolution No. 1241. HACLA is one of the nation’s largest and leading public housing authorities, providing the largest supply of quality affordable housing to residents of the City of Los Angeles. HACLA provides affordable housing to over 83,000 households in its Public Housing and Section 8 departments, and offers a range of permanent supportive housing programs for homeless households, including: Project-Based, HUD – Veterans Affairs Supportive Housing, Homeless, Tenant Based Supportive Housing, Housing Opportunities for Persons with Aids (HOPWA), Continuum of Care and Moderate Rehabilitation Single Room Occupancy program. For more information, visit www.hacla.org.
ABOUT USC CREDIT UNION
For 50 years, USC Credit Union, a not-for-profit financial cooperative, has been providing exceptional value and service to each member-owner through a diverse portfolio of deposit and lending products. USC Credit Union began with a small group of employees who aimed to fulfill the financial needs that commercial banks in the local area did not address. Today, USC Credit Union operates as a $730MM financial institution serving the unique needs of its 78,000 member-owners, including students, faculty, staff, alumni, and residents of the City of Los Angeles and Orange County.
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