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FAIM: Family Assets For Independence In Minnesota

About the Program

FAIM is a matched savings project that assists Minnesota low-wage workers at or below 200% of the federal poverty guideline to build assets. Participants save earned income each month that is matched at a 3:1 ratio by the public and private sector. The funds can be used to purchase a home, pursue a higher education, purchase a personal vehicle or begin or enhance a small business.

FAIM is provided locally by West Central Minnesota Communities Action, Inc., serving the five (5) counties of Douglas, Grant, Pope, Stevens and Traverse.

Eligibility Information

 

 

Application Details

Please request an application by contacting WCMCA.

For more information on the Minnesota FAIM Program or to find a FAIM coach available in your service area:  Minnesota FAIM Program.

More Information

Megan Radermacher

  • 320-391-4228
  • 800-492-4805
  • Fax: 320-391-4224
  • WCMCA, Inc.
    FAIM - Megan R.
    1910 Aga Drive, Suite 206
    Alexandria MN 56308

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