Financial Recovery

Neighborhood Housing Services of the Eastbay is pleased to announce StartingOver℠, our new Financial Recovery program designed to help those who have experienced a financial set-back and are seeking a blue print for recovery. Whether you´ve experienced foreclosure, job loss, IRS challenges, increased debt or decreased credit, this program will provide you with the tools and coaching necessary to recover from a financial disaster or set back.

All Participants accepted into the program receive a scholarship valued at approximately $8,400 which includes 10 hours of financial education and 12 months of private coaching from a professional fee-only financial planner. The average cost for fee-only financial planning is $350 per hour; however because of our existing relationship this is available to you for $75 for the entire year. To make sure that we are working with people serious about improving their financial position, Participants are expected to remain committed for one (1) year and strive to achieve two or more of the following financial recovery goals:

◊  Reduce/Eliminate Debt         ◊  Increase Financial Assets/Savings

◊  Improve your credit score     ◊  Increase Income

The coaches chosen to participate in this program are members of the Financial Planning Association (FPA®) - the largest membership organization for personal financial planning experts in the country. FPA members are those who commit to the highest standards of professional competence, ethical conduct and clear, complete disclosure to those they serve. They deliver advice using an objective, client-centered, ethical process. More information can be found on FPA website. Together with the financial planner, participants will help develop a step-by-step plan to tackle their unique needs and reach their goals.

Application deadline is closed. To be part of our waiting list, email to info@eastbaynhs.org

Click here for more information about the program.