VCCDC, in collaboration with the Federal Reserve Bank of San Francisco, hosted a special event last Wednesday, February 24th to initiate the dialogue and lead the formation of a new cross-sector collaborative in Ventura County aimed at increasing the number of households that are asset-secure through innovative partnerships, programs and policies that reduce economic insecurity by building financial stability and success. With over 60 participants from different sectors including non-profit organizations serving low-income families, affordable housing providers, financial institutions, local government, housing authorities, education and health sectors the summit was a successful start to the collaborative that VCCDC is eager to form. The first panel, which was centered on family financial well-being at the State and Federal level, was moderated by Leilani Barnett, Regional Manager, Community Development at the Federal Reserve Bank of San Francisco. The panelist were Laura Choi, Senior Research Associate, Community Development, Federal Reserve Bank of San Francisco, and Carol Rodriguez, Chief Program Officer, National Association for Latino Community Asset Builders headquartered in Texas. The second panel moderated by Laura Cabrera, Director of Program Development & Administration, VCCDC, discussed family financial well-being at the local level with panelists Jack Hinojosa, Chief Operations Officer, Child Development Resources of Ventura County, Marsha Bailey, Founder & Chief Executive Officer, Women’s Economic Ventures and the Small Business Loan Fund of Santa Barbara, and Everardo Gutierrez Rivera, M.S., Professor and Counseling CARE/EOPS, Oxnard College.
The Family Financial Well-Being summit was the start to a community collaborative which will integrate services and formalize partnerships between different service providers with the purpose of increasing the financial well-being of families in Ventura County.