Some South Florida communities continue to falter when it comes to financial growth and economic mobility, despite the overall recovery of the U.S. economy. The situation may be getting worse. Barriers to economic success are growing in South Florida with all wage earners seeing an income decline, except for the top 5 percent, a report from the FIU Metropolitan Center reveals.

Furthermore, United Way of Florida’s latest ALICE (Asset Limited, Income Constrained, Employed) report reveals that 21% of households in Miami Dade live in poverty and an additional 27% are one emergency away from financial instability, meaning more than half of all households in our community struggle to make ends meet.

It’s clear that effective solutions are needed to close this growing economic disparity in South Florida, now one of the largest such gaps in the United States. Bank of America recognizes that low-income individuals and families face a variety of challenges, have diverse needs and may qualify for multiple services, so they support nonprofit organizations providing supportive services that will enable individuals and families to move forward.

The invaluable nonprofit organizations that provide a safety net for individuals and families are central to the success of these efforts. To this end, we are proud to announce the Bank of America Charitable Foundation has named Touching Miami with Love a recipient of its 2017 Workforce Development and Basic Needs grant. Touching Miami with Love will use the funds to support our Bridges Program in West Homestead. Growing up in West Homestead is difficult, many children are underperforming academically, struggling with behavioral issues that leads to trouble in the classroom, and suspensions further impede their academic progress and their chances of exiting generational poverty.

Touching Miami with Love’s Bridges program provides wraparound services in conjunction with our Tomorrow’s Leaders Out of School Children’s Program Monday to Friday afterschool and all-day on most Teacher Planning Days, Spring Break, and six week of Summer Programming. Children meet with our Case Managers in sessions within the afternoon program hours to doing social emotional learning individually and in small groups. Our Case Manager visits the children’s school every day in the midmorning hours to meet with teachers and talk with administrators to track the progress of students in her caseload. Through our strong partnership, our staff is also able to check in and encourage the students at school as well. We are grateful for this partnership, because it means helping more of our children get the necessary support to succeed.

Touching Miami with Love is also indebted to all of the volunteers, including Bank of America employees, who continue to demonstrate how incredibly invested they are in our community. They generously share their time, passion and expertise to improve the quality of life of their neighbors and people they have never met in many ways every day.