b'result 1 FAMILIES ARE FINANCIALLY THRIVINGWhat Do We Envision?Achievement of this result means that our communities do not just persist, but prosper. THE MISSIONIn addition to securing stable income, families have built significant financial assets and are accumulating wealth to lay the foundation for their familys well-being over multiple TECHIESgenerations. Each family has the resources to achieve their dreams, such as pursuing educational interests, growing a career, owning a home or starting a business. Public PROGRAM ISagencies, businesses and community organizations are working together to ensure that DIRECTLYthese opportunities are available to the entire community.KICKING OFFWhy Does this Matter?POWERFULCommunity-wide financial prosperity is one of the pillars of MEDAs mission statement, and is essential for an equitable society. Family wealth and household income are CAREERS FORpredictors of many critical outcomes, from educational achievement to life expectancy. When our families are financially thriving, communities are safer, healthier and more LOW-INCOMEforward-looking. MEDA has a long-term, systemic vision toward financial prosperity: PEOPLE.Where families can pass growing assets down between generations, individuals have the freedom to determine their life trajectory, and public policies and civic institutions JUSTIN McCANDLESS,enable entire communities to thrive financially.VOLUNTEERMEDAs RoleGiven the enormity of the challenge, MEDA has become an anchor institution in the STEPS TO EQUITY Bay Area, helping Latino families achieve financial security, stability and prosperity. Our programs engage local residents, workers, entrepreneurs and n# clients who gain stability byyoung people, providing families with a suite of wraparound supports for their establishing: journey along a cradle-to-college-to-career continuum. MEDAs staff offer nConsistent employment culturally relevant support so community members can best navigate nBank account / emergency savings / multiple financial environments that are often exclusionary or credit scoren# clients who build security by: inaccessible, from finding a job to purchasing a home. Our coaching nHaving full-time jobs with living wages model is designed to help families establish realistic goals in nDecreasing debt addressing their needs, and build the confidence to advocatenIncreasing income / savings / for themselves.credit scoren# clients who are thriving with: Context and BackgroundnCareers with growth trajectories Over multiple generations, Latinos in the Bay Area have built vibrant and nInheritable wealth resilient communities, despite a deep history of discriminatory policies and nProperty ownership and/orpractices that have led to structural disparities in housing, employment, affordable housing education and health. As such, many of our low-income and working-class community members face skyrocketing costs of living, few opportunities for career advancement, and marginalization from mainstream banking institutions and financial literacy. 16MISSION ECONOMIC DEVELOPMENT AGENCY'