People’s Self-Help Housing (PSHH) has received a $50,000 grant from Wells Fargo Foundation to jumpstart the new pilot program Wealth Warrior: 2024 Financial Health and Housing for PSHH residents at the Los Adobes de Maria property in Santa Maria.
The three-month financial literacy program, taught by financial educator and author Linda Garcia, will target 25 USDA farmworker households and aims to empower participants to overcome potential financial trauma. By offering practical knowledge and actionable tactics for long-term financial planning, residents will be provided the tools to create a legacy of financial stability and prosperity for their families through wise investment practices and begin building their own stock portfolios.
“As a child of immigrants, I have personally experienced the positive impact of affordable housing resources on my family. It is with great pride that I introduce Wealth Warrior to the People’s Self-Help Housing community. This program is designed to transform money mindsets and initiate the process of building generational wealth.” said author and program facilitator Linda Garcia. “I am excited about the growth potential for our community members as they engage with this program. I am thankful to Wells Fargo for their support in funding this transformative initiative. Access to such resources enables us to envision and achieve what may seem impossible.”
By blending practical knowledge with emotional intelligence and a deep understanding of the unique challenges faced by this community, the program strives to cultivate financial resilience and prosperity for farmworker families.
“As a parent, I am interested in this topic because it could help me save money for my child’s academic future,” said resident and future program participant Luz Olivo-Espinoza. “And I think it is essential to know how to manage our finances and learn about other options available for our savings besides making deposits in a regular savings account.”
This program is made possible by the generous funding of Wells Fargo, which is committed to opening pathways to economic advancement designed to empower people to lead successful financial lives and is a long-standing supporter of People’s Self-Help Housing programs across the Central Coast.
“We invest in solutions to increase financial inclusion and access, reduce debt, build savings, and address systematic inequities,” said Kären Woodruff, Senior Vice President, Community Relations at Wells Fargo. “This program aims to create new opportunities for generational wealth building and will create a shift in financial wellness.” To learn more about People’s Self-Help Housing, visit pshhc.org.