• EMPath
  • Centerboard
  • Action for Boston Community Development
  • Compass Working Capital
  • Berkshire Community Action Council, Inc.
  • Jewish Vocational Services
  • Urban Edge Housing Corp
  • Jamaica Plain Neighborhood Development Corporation
  • Asian American Civic Association
  • Travelers Aid Family Services
  • Dorchester Bay Economic Development Corporation
  • Heading Home
  • Quaboag Valley CDC
  • Moving from Debt to Assets
  • Madison Park Development Corporation
  • Center for Women and Enterprise
  • Codman Square NDC
  • Lawrence Community Works
  • One Family Inc.
  • FamilyAid Boston
  • La Vida
  • The Community Builders Inc.
  • Financial Education Associates
  • Springfield Partners for Community Action
  • YWCA-Boston
  • MAHA (Massachusetts Affordable Housing Alliance)
  • Empower Yourself
  • Cambridge Economic Opportunity Committee
  • Somerville Community Corporation
  • Cambridge Housing Authority
  • Homeowner's Rehab, Inc
  • Massachusetts Museum of Contemporary Art
  • Beverly Bootstraps
  • More Than Wheels
  • Jewish Family and Children’s Services
  • DotWell
  • Allston Brighton CDC
  • The Neighborhood Developers

Welcome

Midas advances the financial security of low and moderate income residents across Massachusetts in collaboration with its member organizations and other partners.

We provide tools, products, training, and expertise to assist community-based organizations, partners, public officials, and the general public to increase asset-building and retention.

 

 

 

Root Notes Studios in Downtown Lowell, Mass MoCa member

Treasurer Deborah Goldberg’s Task Force on Financial Literacy, to examine the state of financial education in Massachusetts

Midas Member Quarterly Member Meeting – March 2016

Congresswoman Niki Tsongas, accepting the CFED Policy Champion Award, presented by Midas and Lawrence Community Works staff in DC.

Members of the Massachusetts Asset Development Commission with Governor Patrick at the release of their report

Senator Jamie Eldridge, Margaret Miley (Midas); Undersecretary of Consumer Affairs, Barbara Anthony, and Oneshia Herring, Center for Responsible Lending at the Midas Breakfast

Midas' 2016 Impact Report

Our Work

Midas has proven that increased financial management skills, peer support, innovation and access to savings and wealth-building vehicles such as education, small businesses, and first home purchase foster the long term stability of individuals and families.

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Our Impact

Economy Stimulated! At of the end of 2016, over 1500 matched savers have saved money, increased their financial skills, received a match, and invested in over $42 million in first homes, small businesses, post-secondary education, and more into the Massachusetts economy

Solutions Proposed! In a New Report "Enhancing Financial Stability in Hampden County" Midas provided community research and recommendations for economic stability in Western Mass.

Got the Word Out! Over 80 thousand low and moderate-income Mass residents in Gateway Cities and Boston neighborhoods received important consumer-protective, multilingual,  Massachusetts-specific financial guidance in the book “Staying Afloat: Managing Your Finances in the Changing Economy

Investing in College Success! Over 1,100 students to date have boosted their financial capabability at three Massachusetts community colleges through the Invest In College Success pilot. Check out the current progress report on the innovative private-public partnership focused on boosting personal finance for students. 

Financial skills improved! Financial Coach Training will help over 750 volunteers and staffers coach over 6,300 Massachusetts residents to improve their finances! 

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Our Research

Massachusetts' Debt Trap 

Midas recently released the report, Massachusetts' Debt Trap: How Private Debt Buyers Are Using The Courts To Hurt Families. The report outlines the rise of third party debt buyers and subsequent impact. Studying impact, innovating asset-building, and increasing economic development; it’s what we do.

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Assets and Opportunity Breakfast 2015

Tue, 11/11/2014 - 11:32 -- admin

We had a great time at the Assets & Opportunity Breakfast, the Assets & Opportunity Breakfast in October. The Breakfast was an opportunity for nearly 100 stakeholders to share best practices, learn about new initiatives and network. Senator Sonia Chang-Diaz moderated the “What Does it Take to Increase Financial Security & Resiliency in Massachusetts?” panel with Assets & Opportunity champions Lew Finfer of the Raise Up Mass coalition, and Jeff Fuhrer representing The Federal Reserve Bank of Boston.

MassSaves.org

Fri, 12/06/2013 - 16:30 -- admin

Do you know people who are struggling with their finances? Send them to MassSaves.org for on-line resources and free personal financial coaching! The Financial Confidence & Coaching Program helps residents from all over Massachusetts get consumer information and high-quality individual help. Read a White Paper on our approach.

Financial Coaching Hotline: 855-721-7575

Latest News

Building Connections to Improve Financial Education

On April 28, 2017, the MassSaves Summit highlighted the best of our community. The...

Nelson Ortiz brings more than 17 years of communications, digital strategy experience

Boston – April 20, 2017 – The Midas Collaborative’s...

We are proud to share Midas' progress in advancing financial security in our 2016 impact report. This report highlights our varied and collaborative...