“Opportunity Passport™ is a matched savings, asset-building program that includes financial literacy education and asset-specific training. It is a program of Project Everlast that is administered by Family Housing Advisory Services to help young adults transitioning from foster care to become financially capable.
To be eligible for the program, youth must either have been a ward of the state of Nebraska or in foster care in Nebraska at the age of 14 or older, and must currently be no older than 26, and currently living in Douglas or Sarpy county. A 3:1 match is provided for a vehicle purchase (e.g., youth saves $2,000, the program provides $6,000). A 2:1 match is provided for housing, education, health, microbusiness, credit building, or investment matches, and a 1:1 match is available for participant-specific needs. There is a lifetime cap of $6,000 per participant.
Financial education courses must be completed prior to enrollment in the program. Asset-specific training is completed prior to receiving a match. We also assist youth who are enrolled in the program with opening personal bank accounts, and we work with each participant to establish or re-establish credit.
Financial support for Opportunity Passport™ is provided by Nebraska Children and Families Foundation, The Sherwood Foundation, the William and Ruth Scott Family Foundation, and the Department of Health and Human Services (DHHS).”