Overview
This issue of the Skyline spotlights innovative ways that programs are using direct cash assistance as an opportunity to provide system-involved young people with banking access. In the past, direct cash transfers have often been disbursed via prepaid cards, preventing recipients from connecting to the financial mainstream. This Skyline piece highlights programs in Allegheny County, PA and Milwaukee, WI that pair direct cash payments with financial education and other financially stabilizing opportunities – including incentivizing safe banking access for program participants. These programs have seen powerful results, with the majority of youth participants opening accounts and working towards financial independence. Read the full issue here and subscribe to the Skyline here.