Community Action Agency of Southern NM Receives $5,000 Grant from U.S. Bank

Community Action Agency of Southern New Mexico (CAASNM) has been awarded a $5,000 grant from the U.S. Bancorp Foundation Grants Program. Funds will be used to support the Family Empowerment service group.

Family Empowerment, formerly known as Asset Development, provides low-income clients with a wide variety of services including computer literacy classes, soft skills training, and a business development program. Family Empowerment also provides eligible clients with Individual Development Accounts (IDAs), savings accounts where clients’ savings (up to $1,000) are matched at a 4-to-1 rate. Clients can then use these savings to purchase homes, start or expand businesses, or to pursue higher education.

U.S. Bank and CAASNM have a long-time partnership at the local level to sponsor and organize Coats for Kids, U.S. Bank’s annual drive to collect winter coats and distribute them to local children.

About CAASNM

CAASNM is a non-profit corporation utilizing an outreach approach to provide a variety of education, counseling, and support services to low-income families so that they can achieve increased financial independence and quality of life in southern New Mexico. CAASNM has served the community for nearly five decades with high-impact programs to move people out of poverty and build self-sufficiency. Its purpose is to be a voice for underrepresented populations, mobilize communities, advocate for the poor, and work with the community to better the resources and lives of the people who live in it. CAASNM is an active partner with dozens of businesses and other agencies in its service area that work to improve the quality of life for the community. CAASNM also serves as a catalyst for change by helping new programs launch and sustain themselves. Focus areas are Family Empowerment, Bridging Resources, Family Wellness and Community Connections.

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