Mile High United Way is a nonprofit organization that since 2006 has provided six AFI grants with the objective of providing asset-building services and tools that move individuals and families toward financial stability.
Mile High United Way is a Network grantee with 10 subgrantees. The organization emphasizes homeownership, postsecondary education, and business capitalization with the goal of providing asset-building services and tools that move individuals and families toward financial stability. It has been successful in recruiting participants, opening IDAs, and making asset purchases.
Mile High United Way partners with the City of Denver to provide resources to participants working or living within city limits. The organization also partners with the Denver Business Assistance Center, Small Business Opportunity Program, Education Refund Program, Clayton Foundation, Denver Health Foundation, Mile High United Way Transformational Housing Initiative, CityWild, Colorado Black Chamber of Commerce, Hispanic Chamber of Commerce, and MicroBusiness Development Corporation to provide IDA participants, track progress, guide asset acquisition, and make resource referrals. Other partners include Denver Community Credit Union, Wells Fargo, and Colorado Rural Housing Development Corporation, all providing financial education classes; and Mi Casa, Colorado Housing Assistance Corporation, African Community Center, Brunetti Lofts, the City and County of Denver, Colorado Rural Housing Development Corporation, Denver Housing Authority, Englewood Housing Authority, Lakewood Housing Authority, Lutheran Family Services, Mercy Housing, NEWSED, Northeast Denver Housing Corporation, Stride, and Warren Village, all providing recruitment and referrals.
Assets for Independence Grant History
Metro Denver IDA Collaborative
513 IDAs have been opened.
972 participants have received financial education.
$1,006,397 saved by participants.
306 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
Total Non-Federal Support: $3,205,291
Mile High United Way focuses on eligible low-income health care workers; child care workers; city employees; and refugees and families in public housing, Section 8 housing, and transitional/transformational housing. This Network covers Adams, Arapahoe, Broomfield, Denver, Douglas, and Jefferson Counties in Colorado.