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Peoria recently launched its first Financial Opportunity Center (FOC), a part of the Local Initiatives Support Corporation's (LISC) nationwide effort to help low-income families better manage their finances.
METEC, a nonprofit housing resource center, was provided a $125,000 from the Local Initiatives Support Corp. to bolster efforts of helping the low-income demographic seek better jobs, keep their mortgage and improve their financial future. METEC received funding with the expectation that the FOC will serve 200 families with measurable financial progress about a year of operation.
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