Financial Education Workshop and Newsletter

Outside Organization Events Chalkboard background, Pencils in mesh cup, "Financial Education Workshop and Newsletter" from Metropolitan Family Service

Financial Education Workshop:

Metropolitan Family Service is offering a Financial Education Workshop series from May through October, on Tuesdays from 3-4:30pm and Thursdays 12-1:30pm. They are covering topics about managing household budgets, improving credit scores, and buying vehicles. Link to registration form here.

New Volunteer Information Sessions:

A little bit of extra support from a caring older adult helps children thrive academically. AARP Experience Corps is an intergenerational program that focuses on helping children become great readers before finishing third grade. Metropolitan Family Service, a non-profit serving the Portland area, is actively recruiting volunteers who are 50+ for their AARP Foundation Experience Corps program to tutor children in select Eastside, North Portland and Milwaukie public schools. 

This coming year we plan on having both virtual and in-person opportunities to provide one-on-one reading support to young elementary school children. Volunteer mentors commit to four or more hours per week throughout the school year. Those able to commit eight hours or more may receive a monthly stipend. No formal experience is needed, just the desire to help children succeed. Training and ongoing support are provided. 

For more information about volunteering for the 2021-22 school year:

  • Join a virtual informational chat: https://zoom.us/j/7361049406
    • June 29th at 10am
    • July 16th at 2pm
    • July 29th at 10am
    • August 11th at 2pm
  • Call: 503-290-9427, or
  • Email: volunteer@mfs.email 

Facebook event for first two info sessions: 
https://www.facebook.com/events/521854865519377
https://www.facebook.com/events/485231872732924
Next Door event link for first session:
 https://nextdoor.com/posts?post=190866921&init_source=copy_link_share

MFS delivers programs and services that help people move beyond limitations of poverty, inequity and social isolation. For more info visit www.metfamily.org

Newsletter:




Helping people move beyond the limitations of poverty, inequity and social isolation.
Greetings SF Partners!

Hope everyone is doing well. It’s been a while since we have shared SF newsletters and we wanted to share a few current resources for families. Please feel free to share this resources with all current SF network I might have missed.

Child-Tax Credit
The American Rescue Plan Act, which President Biden signed into law on March 11, temporarily increases the child tax credit from $2,000 to $3,000 per child ($3,600 for children 5 years old and younger) for the 2021 tax year. It also authorizes monthly”child allowance” payments to families from July to December. Half the total credit amount will be paid in advance with the monthly payments, while the other half will be claimed on the tax return that you’ll file next year.

If you want to see how much money you’ll get, answer the four questions in the calculator below and it will give you a customized estimate of the amount you’ll receive each month in advance from July to December and how much you’ll be able to claim as a child tax credit on your 2021 tax return.

Calculate how much you would get from the expanded child tax credit
2020 Child Tax Credit Calculator and Top 7 Requirements – TurboTax Tax Tips & Videos

The Internal Revenue Service, starting July 15, will begin delivering a monthly payment of $300 per child under 6 and $250 per child 6 or older for those who qualify. The monthly benefits will be deposited directly in most families’ bank accounts on the 15th of every month — or the closest day to that date, if the 15th falls on a holiday or weekend — for the rest of the year, without any action required. The remaining 50% will be claimed as a credit on your 2021 tax return.

The Oregon Emergency Rental Assistance Program Opens May 19th 

Oregon Emergency Rental Assistance Program (OERAP)  can help low-income households with both their past due rent and utilities and up to three months of advance payments. OHCS is working with OERAP administrators—17 community action agencies (Link to the different community action agencies Community Action Agency ) and one public housing authority—across the state to process applications and distribute funding when the program officially opens tomorrow. 

The program is not first come first served, and resources will be made available following a pre-established equitable prioritization. Everyone who completes the basic pre-application screening will have their application reviewed. Applications will be accepted until 2022 or until program funds run out. In most cases, payment will be made directly to the landlord or utility provider. Oregonians in need of assistance can also contact their local Community Action Agency, go to http://211info.org or call 2-1-1.

The IRS says rental assistance is not taxable income toward individuals. (It’s taxable for the landlord).

For more details or application portal visit the Oregon Department of Housing and Community Service Oregon Housing and Community Services : Oregon Emergency Rental Assistance Program : Rental and Housing Assistance.

If you have any questions or need navigation please feel free to contact the Economic Empowerment team.

Best,
Rahel