Bridge to opportunity

Date

2011

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Southern New Hampshire University

Abstract

The Bridge to Opportunity is a small-scale demonstration project for struggling homeowners who are in default and/or facing financial stressors in Bridgeport, Connecticut. The Bridge to Opportunity Pilot, from the period of April 2010 through November 2010, took five individuals who completed a series of financial education classes and budget counseling and were provided access to financial resources to explore the previous methodology by which financial education and budget counseling can be used as a tool to aid struggling homeowners to become financially stable. The Bridge to Opportunity pilot weighs insights to be gained from a demonstration project versus a large-scale project. The project reviews community economic needs and leverages community resources to develop strategies from small-scale to possible large-scale replication models. The project reviewed literature and data to suggest a policy recommendation and replication possibilities. (Author abstract)

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