National economic trends, such as unstable employment, the threat to Social Security as we know it, and the widening gap between wealth and poverty are the basis for the development of Financial Fortitude, the current Economic Development Program Initiative of Delta Sigma Theta. Financial Fortitude is a process that will help program participants to set and define goals, develop a plan to achieve them, and to put the plan into action. The process serves as a blueprint to address all aspects of personal finances.

The goal of the OEBAC Economic Development Committee is to advocate, educate, encourage and empower its members and the community with programs focused on Financial Fortitude, Homeownership and Entrepreneurship.

Financial Fortitude

Financial Fortitude is an education initiative designed to increase financial literacy in the African American community. The FDIC’s Money Smart curriculum is designed to teach the financial building blocks needed to help the public make sound financial decisions with respect to budgeting, banking fundamentals, credit principles, savings /investing, insurance and protecting assets.

Homeownership

The Delta Challenge: Delta Homeownership Initiative
The Delta Homeownership Challenge paves the way for sorors, family, friends and the African-American community to achieve the dream of homeownership.

Delta H.O.M.E. (Home Ownership Maintenance and Education)
This program is designed to train the communities we serve on the three phases of Home Ownership – Purchase, Maintaining and Keeping your home.

  1. Buying your home – Outlining the homeownership purchase, mortgage, and closing process
  2. Living in your home – Provides useful tips for the first year of homeownership success; living below your means; budgeting; refinancing do’s and don’ts; estate planning; tax education and maintenance
  3. Keeping your home – Provides information on how to avoid foreclosure

Entrepreneurship

Entrepreneurship is a financial wealth-building initiative that educates individuals within communities on techniques and resources available to enable them to start and operate successful businesses. Entrepreneurship improves financial stability, provides economic empowerment, and enhances the overall quality of life.