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TEAM - Training, Education, and Manpower, Inc.

TEAM, Inc. emphasizes homeownership with the goal of providing asset development and financial literacy skills to 15 program participants to prepare them to become first time home owners.

Partners

TEAM partners include Webster Bank, which will hold the project reserve account, the individual accounts, contribute the non-Federal match and contribute in-kind staff time for account-holder guidance and credit and housing counseling.

Assets for Independence Grant History

Name	Amount	Start Date	End Date
90EI0647	$35,000	9/1/2010	8/31/2015

Project Title

TEAM Assets for Independence Program

Highlights/Outcomes

12 IDAs have been opened.

6 participants have received financial education.

$2,886 saved by participants.

0 participants have purchased an asset.

Total AFI Funding

Total AFI Grant Funding: $35,000
Total Non-Federal Support: $35,000

Focus Population

TEAM targets residents of the lower Naugatuck Valley region of Connecticut who have income at or below 200% of the federal poverty level and possess less than $10,000 in assets.

Contact

TEAM - Training, Education, and Manpower, Inc.
30 Elizabeth Street
Derby, CT 06418
(203) 736-5420 ext. 226