Focus Area: Financial Stability

VISION

We envision a community where all individuals have the financial resources needed to live healthy, happy, and productive lives.

Our Impact in 2023

• The first-ever Monadnock Resource Alliance Housing Collaborative launched in October with 50 businesses, developers, municipalities, environmentalists, and nonprofits coming together to tackle the region’s housing crisis.
• The Monadnock Food Pantries Collective served over 2,800 people across the region.
• The Cheshire County Emergency Housing Collaborative provided 412 clients with emergency shelter and basic needs.
• Five community childcare centers continue to prioritize providing tuition scholarships for families in need.

POPULATION-LEVEL GOALS

• Monadnock area residents achieve financial stability and well being. MUW measures this by tracking the percentage of the population in the State of New Hampshire and Cheshire County living at or below the poverty level (on or below 100% FPL*).
• Monadnock area community members are financially literate and empowered. MUW measures this by tracking the percentage of the population in the State of New Hampshire and Cheshire County considered low-income (on or below 200% FPL*)

WHY IT MATTERS

People and families are considered poor when they lack the economic resources necessary to experience a minimal living standard. The topic of poverty is widely considered a cause for action because poor families often encounter material hardships and reduced well-being and because children who grow up in poor households are less likely to thrive as adults.

Monadnock area community members are financially literate and empowered. MUW measures this by tracking the percentage of the population in the State of New Hampshire and Cheshire County considered low-income (on or below 200% FPL*)

Data not available at the County Level for 2018 and 2019

Monadnock area residents achieve financial stability and well-being. MUW measures this by tracking the percentage of the population in the State of New Hampshire and Cheshire County living at or below the poverty level (on or below 100% FPL*).

Source: https://www.census.gov/data-tools/demo/saipe/#/?s_state=33 *

Poverty is defined as individuals on or below 100% of the poverty threshold, based on family income, size, and composition. In 2021, the federal poverty level for a family of four was $26,500. Source: https://carsey.unh.edu/what-is-new-hampshire/sections/economy

*FPL (The Federal Poverty Level) is the federal poverty threshold for a family of four as determined by the federal government each year.