Veteran Financial Education Funding Applications Open

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BOSTON — In collaboration with the Division of Banks (DOB) and the Office of Consumer Affairs and Business Regulation (OCABR), the State Treasurer's Office of Economic Empowerment (OEE) announced a new round of funding for Operation Money Wise. This grant program offers funding to veteran-serving non-profit organizations, public agencies, and higher education institutions to host financial programming that serves the Military, Veteran, Family, and Survivor Community (MVFSC). 
 
Veteran-serving organizations can apply for up to $5,000 in funding, which must be used before March 31, 2025. Applications close on May 31st, 2024 at 5 p.m.?Follow this link to learn more and apply.  
 
To date, Operation Money Wise has served over 6,648 members of the military community. A total of $262,977 has been awarded to 55 grantees in six grant rounds. The funding allows organizations to use their knowledge and expertise to design or enhance a program that would best serve their community. Many of these workshops will include strategy sessions on basic budgeting, managing debt, preparing for retirement, and making decisions with money. 
 
"We are proud to help those who serve our country achieve financial stability for themselves and their families," said State Treasurer Deborah B. Goldberg. "Operation Money Wise will continue to support organizations that uplift and financially empower our veteran community across Massachusetts." 
 
Previous programs include one-day seminars or multiple sessions hosted by local colleges and financial institutions. Topics featured in past programs include career-training, information tailored to Gold Star Families, the National Guard Reintegration Yellow Ribbon Program, and the Volunteer Income Tax Assistance (VITA) Program.
 
Funding is possible through a Division of Banks settlement over alleged unlawful lending practices. 
If you would like to contribute information on this article, contact us at info@iberkshires.com.

Social Service Organizations Highlight Challenges, Successes at Poverty Talk

By Brittany PolitoiBerkshires Staff

Dr. Jennifer Michaels of the Brien Center demonstrates how to use Narcan. Easy access to the drug has cut overdose deaths in the county by nearly half. 

PITTSFIELD, Mass. — Recent actions at the federal level are making it harder for people to climb out of poverty.

Brad Gordon, executive director of Upside413, said he felt like he was doing a disservice by not recognizing national challenges and how they draw a direct line from choices being made by the Trump administration and the challenges the United States is facing. 

"They more generally impact people's ability to work their way out of poverty, and that's really, that's really the overarching dynamic," he said. 

"Poverty is incredibly corrosive, and it impacts all the topics that we'll talk about today." 

His comments came during a conversation on poverty hosted by Berkshire Community Action Council. Eight local service agency leaders detailed how they are supporting people during the current housing and affordability crisis, and the Berkshire state delegation spoke to their own efforts.

The event held on March 27 at the Berkshire Athenaeum included a working lunch and encouraged public feedback. 

"All of this information that we're going to gather today from both you and the panelists is going to drive our next three-year strategic plan," explained Deborah Leonczyk, BCAC's executive director. 

The conversation ranged from health care and housing production to financial literacy and child care.  Participating agencies included Upside 413, The Brien Center, The Food Bank of Western Massachusetts, MassHire Berkshire Career Center, Berkshire Regional Transit Authority, Greylock Federal Credit Union, Massachusetts College of Liberal Arts, and Child Care of the Berkshires. 

The federal choices Gordon spoke about included allocating $140 billion for the U.S. Immigration and Customs Enforcement, investing $38 billion to convert warehouses into detention centers, cutting $1 trillion from Medicaid over 10 years, a proposed 50 percent increase in the defense budget, and cutting federal funding for supportive housing programs. 

Gordon pointed to past comments about how the region can't build its way out of the housing crisis because of money. He withdrew that statement, explaining, "You know what? That's bullshit, actually."

"I'm going to be honest with you, that is absolute bullshit. I have just observed over the last year or so how we're spending our money and the amount of money that we're spending on the federal side, and I'm no longer saying in good conscience that we can't build our way out of this," he said. 

Upside 413 provided a "Housing Demand in Western Massachusetts" report that was done in collaboration with the University of Massachusetts at Amherst's Donahue Institute of Economic and Public Policy Research. It states that around 23,400 units are needed to meet current housing demand in Western Mass; 1,900 in Berkshire County in 2025. 

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