Habitat for Humanity Greater Orlando and Osceola County, Inc.
Description
The Orange County Board of County Commissioners has awarded a contract to Habitat for Humanity Greater Orlando and Osceola County, Inc. to provide non-profit administration services for the Financial Empowerment Center (FEC). The contract is for a term of three years, with the option to renew for an additional two years. The FEC provides free financial counseling services to Orange County residents and employees, with the goal of improving financial stability and outcomes. The contract includes requirements for insurance, data collection and reporting, and partnership structure. Key outcomes of the FEC include opening a safe and affordable banking account, using banking accounts actively, establishing a credit score, increasing credit scores, setting aside savings, and decreasing non-mortgage debt.