$6.4 million returned
We've returned over $6.4 million to more than 2,500 BMC families through our free in-clinic tax site.
>6,000 people served
Since StreetCred started in 2016, we've impacted over 6,000 people with our economic bundle of services.
$3.14 million in resources
Over the past year, we helped families access an estimated $3.14 million in resources through economic bundle enrollment.
We’re building wealth and improving health for children and families.
We do so by providing access to underutilized, evidence-based economic resources and financial coaching during routine health care visits. The combination of this economic support and longitudinal social support means families have more resources and feel less alone in their journey, both of which are important to health.
What We Do
One of the nation’s first medical financial partnerships, StreetCred integrates evidence-based, underutilized economic resources and services into routine prenatal and infant health care.
Newborns, young children, and prenatal patients have many clinic visits. These visits help build trust in and comfort with the healthcare system, which can be leveraged to help with other needs.
We use this time to help break down economic barriers for low-income families, by embedding assistance with economic resources into routine care, including:
- Trauma-informed Financial coaching
- Tax preparation
- An economic bundle that includes access to the Women, Infants, and Children (WIC) Program, Supplemental Nutrition Assistance Program (SNAP), a 529 College Savings Plan, Family Self-Sufficiency Program (FSS), access to BMC’s Food Pantry, and Paid Family Medical Leave (PFML)
Services are offered proactively to all newborn families and prenatal families, to reduce barriers and provide broader access.
Why We Do It
More than fifty percent of BMC families live at or below the poverty line. Poverty and financial strain contribute to health inequities. Financial services improve maternal mental health, child brain development and growth, among other health outcomes. Our approach helps families grow assets by increasing savings, decreasing debt, and improving credit and economic opportunity while building a solid foundation for lifelong financial, physical, and mental health.