Camden County OEO Receives $5,000 Grant from Investors Foundation

Camden, NJ – Camden County Council On Economic Opportunity, Inc. (Camden County OEO) recently received a $5,000 grant from Investors Foundation. This grant will help further Camden County OEO’s mission of providing services and resources to low-income individuals in order to achieve self-sufficiency.

“Camden County OEO is pleased that Investors Foundation is providing this grant to support our Individual Development Account (IDA) Program. With this grant, Investors Foundation will enable a family with low-income to achieve the dream of homeownership and begin to create wealth,”  said Arnold N. Byrd, Executive Director of Camden County OEO.

The IDA Program targets local individuals and families who live at or below 200% of the federal poverty guidelines to provide financial literacy classes, case management, business/technical planning assistance, and a 200% match of savings accumulated by each participant. Their total savings will in turn be used for assets such as acquiring a home, attending post-secondary classes, or even starting a business.

Camden County OEO’s dual purpose is arranging for and providing material assistance that gives immediate relief to low-income persons in emergency circumstances. In addition, the agency provides programs and services to help clients achieve self-sufficiency. Camden County OEO has helped several thousands of men, women, and families throughout the years.