Financial Stability

Financial Stability

Families that are financially stable have enough income to pay their rent and utilities, buy food and clothing, pay their bills and save for the future. Unfortunately, far too many New York families are struggling with financial insecurity or poverty. New York State and New York City have programs to help families become more financially stable.

CCC’s Financial Stability Work

Citizens’ Committee for Children of New York wants to end childhood poverty and ensure families are able to save money for future expenses.

CCC advocates to:

Protect and expand the social safety net of government programs that assist families living in poverty:

  • We fight to protect and increase funding for government programs, such as public assistance, food stamps and child support enforcement, which help low-income New Yorkers financially support their families.
  • We speak out against practices and policies that prevent families from receiving the financial help to which they are legally entitled.

Support fair economic policies that will enable low-income workers to provide for their families:

  • We advocate to expand eligibility for and increase the value of tax credits, such as the Earned Income Tax Credit and the Child Care Tax Credit, so that more working families can benefit financially at tax time.
  • We support increasing the minimum wage.

Ensure families can save money for the future:

  • We champion innovative asset development policies and programs that help all families to save for long-term goals, such as higher education and home ownership.

For more information, please contact Louise Feld, Policy Associate for Food and Economic Security, at lfeld@cccnewyork.org

Quick Fact

  • 30%

    of NYC children live in poverty

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