The Foundation seeks to foster economic well-being, vitality and sustainability by promoting asset-building for individuals, families, and communities in North Carolina.

Results Sought:

Protect and increase the incomes and assets of low-income individuals and families

• Measurably increase levels of home-ownership, particularly among minorities
• Increase the supply and utilization of high quality affordable housing so that rates of monthly rents or mortgages for low-income residents do not exceed 30% of monthly income
• Increase income from self-employment or small businesses, especially in rural and minority communities
• Increase availability of and access to non-traditional capital to support home-ownership, asset building, and economic development
• Ensure equitable distribution of capital
• Eliminate financial practices that negatively and disproportionately target and affect lower-income families and individuals

Increase community control of economic assets and economic independence for the benefit of low-income and/or rural populations

• Build economically viable, environmentally sound, and socially sustainable local agriculture and business enterprise systems
• Increase economic development activities by capitalizing on existing local community strengths and cultural or environmental assets