FURTHERING OUR WORK
to
Build an Inclusive Economy
, we recently collaborated with the Asset Building Coalition, Forsyth Futures, Forsyth County Department of Social Services, and several other partners to create the November 12 event,
Dismantling the Benefits Cliff in Forsyth County
.
A full house of 200 attendees learned about the benefits cliff and launched
collaborative learning groups
to explore three different approaches:
- Policy Solutions: Changing the Cliff
- Employer Solutions: Avoiding the Cliff
- Nonprofit Solutions: Easing the Drop
The Foundation has invested in a facilitator to guide the groups toward local solutions and will provide
grant funding
to test prototypes in spring 2020.
DID YOU KNOW?
The
benefits cliff
occurs when a small pay increase disqualifies a worker from public benefits and abruptly reduces their household resources
—
a major barrier for achieving financial stability.