City offering financial literacy classes for immigrants

Along with English literacy, immigrants need financial literacy. With both, they can become more productive and happier residents.    - - Donna Poisl

By Becky Yerak, Tribune staff reporter

The city of Chicago has awarded a $30,000 grant that will be used to give financial literacy classes to immigrants and will help them find free or low-cost checking accounts.

The grant was announced by Stephanie Neely, treasurer of the city of Chicago. The recipient, which was picked from about 15 applicants in a competitive open-bid grant process, is the Coalition of African, Arab, Asian, European & Latino Immigrants of Illinois, or CAAAELII.

Established in 1996, the non-profit will use the money to create the curriculum in conjunction with other community groups in Chinatown, Albany Park, West Rogers Park, Pilsen, Little Village and Uptown.
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