USA Freedom Corps (USAFC) Director Henry Lozano today launched a Financial Literacy Volunteer Initiative to mobilize volunteers that can help homeowners improve their financial literacy and avoid foreclosure in the wake of America’s transitioning housing market. This new initiative provides tools and resources, available at http://www.usafreedomcorps.gov/flvi, for Americans interested in sharing their financial services, nonprofits in need of skilled volunteers, and homeowners seeking financial guidance.
One resource provided through this initiative is a searchable database of volunteer opportunities pertaining to financial literacy through the USAFC Volunteer Network, the nation’s largest online clearinghouse of volunteer opportunities. The USAFC Volunteer Network helps volunteers easily find ways to share their financial skills and experience, while serving as a free tool for nonprofits to recruit new skilled volunteers. Additionally, community organizations can utilize the President’s Volunteer Service Award as a tool to reward and incentivize local volunteers. The initiative also helps subprime homeowners in need of immediate financial assistance access resources to refinance their home and avoid foreclosure, such as the HOPE NOW 24-hour toll-free credit counselor hotline.
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