Cornerstone Renter Equity

Through our Renters Club, members establish long-term savings accounts and earn money by: • Paying rent on time and being a good tenant. • Investing in their health (examples: attending routine doctor’s appointments, fitness programs, and community health events). • Investing in their community (examples: attending neighborhood council meetings and community-building events, and supporting fellow members by helping with childcare, errands, meals, etc.). • Setting personal goals with assistance from our Family Coaches. • Participating in financial literacy classes led by our Financial Coach. • Completing annual self-sufficiency assessments to track progress and identify/address barriers to their success. Members can earn up to $155 monthly for taking advantage of these opportunities (plus $140 annually for completing assessments), or up to $2,000 annually. They can withdraw funds annually to purchase a home/vehicle, pursue education, grow/start a business, reduce debt, or they can continue saving.

Cornerstone offers affordable housing and a unique Renters Club that enables low-income families to increase their income, build assets, and improve the quality of their lives by investing in themselves, and making positive contributions to their community. Today, the program serves 92 households comprised of 154 individuals, 95 of whom are adults (25 are over the age of 60 and 16 are disabled) and 59 children.