Financial Stability Strategy ion New York

United Way of the Dutchess-Orange Region (UWDOR) has issued a Request for Proposal (RFP) as part of its commitment to enhancing financial stability for individuals and families facing poverty and limited resources. This funding opportunity aims to support nonprofit organizations that implement evidence-based or evidence-informed strategies to improve the economic well-being of vulnerable populations. The initiative is aligned with UWDOR’s overarching goals to increase financial security, mitigate short-term financial crises, and establish long-term stability for low-income and ALICE (Asset Limited, Income Constrained, Employed) populations in Dutchess and Orange counties, New York. The grant period runs from July 2025 through June 2026. UWDOR’s Community Fund provides funding in two categories: previously funded programs can request up to $20,000 (with typical awards around $10,000), while new programs may apply for up to $10,000. Future funding may be available for selected programs that maintain compliance with United Way’s contractual obligations, but additional funding is not guaranteed. Applications will be evaluated based on program design (50 points), justification of need (20 points), and organizational infrastructure (30 points), emphasizing collaboration, evidence-based practices, and measurable community outcomes. Eligible applicants must be nonprofit organizations operating year-round (not seasonally) within Dutchess and Orange counties. Collaboration is strongly encouraged, and applicants relying on external partners must provide letters of commitment demonstrating support. Proposals should align with UWDOR’s financial stability strategy, focusing on crisis intervention and case management to help individuals transition from recurring financial instability to long-term economic independence. Particular emphasis is placed on eviction prevention, ensuring safe housing for at-risk populations, and leveraging tax credit programs like the Earned Income Tax Credit (EITC) to improve financial resilience. Key dates for this funding opportunity include the RFP release on February 3, 2025, with a deadline for application submission on March 14, 2025, by 5:00 PM. Award notifications are anticipated in June 2025. UWDOR provides a technical guidance video and written resources to assist applicants in completing their proposals. Applicants may submit questions via email, and responses will be provided within 48 business hours. The broader financial context of this funding opportunity reflects UWDOR’s commitment to addressing the high rates of poverty and economic hardship in the Dutchess-Orange region. According to recent data, over 70,000 residents in these counties live in poverty, with child poverty rates reaching 9% in Dutchess County and 20% in Orange County. The ALICE report highlights that many working individuals struggle to afford basic necessities such as housing, childcare, and food. UWDOR’s strategy seeks to mitigate these challenges by providing direct financial assistance, fostering cross-agency collaboration, and investing in programs that demonstrate measurable community impact. Applicants will be reviewed by the United Way Community Impact Committee, alongside community leaders serving as evaluators. The review panel reserves the right to consider past funding history and may request additional information during the evaluation process. UWDOR prioritizes investments in programs that directly support financial stability, leverage community partnerships, and align with its strategic goals of poverty alleviation and economic mobility.