2016-632-E Finance - Community Empowerment Fund - Outside Agency Performance Agreement

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DocuSign Envelope ID:BF9F1016-CEDB-4BF6-9DF2-A6DAB623164C t A- continued Provider's Outside Agency Application existing activities outlined in 2014-2016 include: We are Member meets with CEF participating in an exciting advocates to build a budget, partnership with the Center make a personalized savings for Advanced Hindight at Member meets with CEF plan, and establish savings Duke University to create advocates to build a budget, goals. Member opens a CEF new incentives to encourage make a personalized savings Safe Savings Account and members along the way plan,and establish savings Advocates assist members in towards achieving their goals. Member opens a CEF achieving their savings plans longer-term savings goals, Safe Savings Account and and making regular deposits, Additionally, during 2016- Advocates assist members In When member achieves goal 12017 we will be rolling out an achieving their savings plans and graduates from levidence-based model and making regular deposits, Opportunity Classes, CEF through our online member When member achieves goal matches savings at a rate of 10 services platform to provide and graduates from percent,This year CEF has advocates with topical guides Opportunity Classes, CEF added new incentives to for conducting financial matches savings at a rate of 10 further encourage members to coaching sessions with Program Activity 2 percent, reach their personal goals. members. At least 75 members will make At least 75 members will make At least 90 members will progress towards personalized progress towards personalized make progress towards Program Goal savings goals savings goals personalized savings goals. Account and transaction Account and transaction I Account and transaction records in CEF Safe Savings records in CEF Safe Savings records in CEF Safe Savings Accounts records.Accounts Accounts records, Accounts lAccounts records. Accounts are maintained and managed are maintained and managed are maintained and managed by CEF, enabling CEF to by CEF,enabling CEF to by CEF,enabling CEF to monitor progress towards monitor progress towards monitor progress towards goals and successful goal goals and successful goal goals and successful goal Performance Measures attainment, attainment. attainment. At least 75 members will At east 90 members wi achieve 25%of their personal achieve 25%of their personal savings goal or greater, savings goal or greater. Savings goals are often long- Savings goals are often long- ' term goals, and 25% term goals, and 25% represents a significant step represents a significant step 62 members achieved 25%of for low-resource households for low-resource households their personal savings goal or towards building financial towards buildling financial Program Results greater, wellbeing, wellbeing. Member works wit CEF Member works with CEF advocates to search for advocates to search for New strategies to add to housing,apply for housing, housing, apply for housing, existing activities outlined in and navigate available social and navigate available social 2014-2016 include: We will services to secure housing. services to secure housing. be collaborating with a CEF advocates connect CEF advocates connect network of agencies to members to resources for members to resources for collectively recruit landlords furniture and other items as furniture and other items as willing to house our Program Activity 3 needed for move-in, needed for move-in, Irespective client populations.