LANSING, Mich. — With sponsorship from the Michigan Credit Union Foundation, the Michigan Association of United Ways’ ALICE Project will have a new resource, the “Indicators of Well-Being,” which will connect ALICE with a host of other social, health, and economic statistics for use by decision makers, institutions, and many other stakeholders in their work supporting ALICE households.
ALICE stands for households that are Asset Limited, Income Constrained, Employed.
According to the foundation, the Indicators of Well-Being tool displays maps that show the percentage of households below the ALICE Threshold (poverty + ALICE) — households that cannot afford the basics in the communities where they live— along with additional indicators of well-being, ranging from health care provider rates, severe housing problems, and many more.
‘Strong Associations’
“Across Michigan, United Ways find strong associations between lower incomes and lower levels of education, and poorer health and other life outcomes,” Kaitlynn Lamie, president & CEO of the Michigan Association of United Ways, said in a statement. “The Indicators of Well-Being will help local United Ways and other stakeholders in Michigan track relationships between ALICE households and other variables at state and county levels so we can ask better questions and target resources to have the greatest impact.”
‘Great Way to Offer Support’
Added Andrea Tucker, executive director of the Michigan CU Foundation, in a statement, “As not for profit financial institutions, credit unions are community focused. Understanding the people within their communities, and the struggles they may have, is a great way for credit unions to offer support through products, services, and programming. By partnering with the Michigan Association of United Ways, and funding the Indicators of Well-Being, it not only helps credit unions, but also other community organizations and business partners as well, as we all continue to support ALICE households in Michigan.”
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