The Financial Resiliency Task Force (FRTF) is focused on closing the racial wealth gap in Greater Charlottesville by eliminating barriers to financial stability for historically marginalized and economically underrepresented families. 9 core nonprofit partners identify systems-level issues that affect an individual or family’s ability to thrive economically, coordinate services to maximize impact, consolidate overlaps for efficient use of community resources, and share data to improve service delivery and reduce friction for client recipients.
By Summer 2027, the FRTF aims to collaborate with 650 families of color in the City of Charlottesville and Albemarle County (or, 130 families per year) to help them improve their financial standing, as measured by a Financial Resiliency Matrix developed by the partners.