Youth Financial Empowerment Initiative

The Youth Financial Empowerment (YFE) initiative is an asset building program for youth transitioning from foster care. This unique financial savings program offers youth in foster care, ages 16-21, the opportunity to save for specific asset purchases (education and homeownership) that will support economic independence. Participants contribute to these accounts with earned income and these contributions are matched with a mix of government and private funds that enable purchase of an approved asset goal.