NAACP’s Financial Advocacy and Community Tour (F.A.C.T.): Know the Facts Takes to the Road

The National NAACP Economics Department will take its Financial Freedom Center program to the communities of six states in March, April and May to help boost the economic recovery of local residents hardest hit by the great recession and growing economic inequality. 

The Financial Advocacy and Community Tour (F.A.C.T.) stops will coincide with regional NAACP Conventions in Raleigh, North Carolina (March 23); Louisville, Kentucky (March 29), Annapolis, Maryland (April 14), Newark, New Jersey (April 21), San Francisco, California (April 28) and Des Moines, Iowa (May 3). Each tour stop will provide local residents with access to hands-on expertise through financial planners, HUD certified counselors, representatives from financial institutions and non-profit economic advocacy organizations including: Wells Fargo, Bank of America, National Foundation for Credit Counseling, Operation Hope, Neighborworks America, Center for Responsible Lending, and other local partners.  Participants will also be offered financial and economic education information on racial economic inequality, fair lending and community economic development. 

“The Financial Advocacy and Community Tour (F.A.C.T.) is a demonstration of NAACP’s commitment to bringing economic education and resources to communities of color which have been most heavily impacted by historical racial discrimination,” says Dedrick Muhammad, director, NAACP Economics Department.  “Our one-stop shop tour will help families and individuals know the facts about racial economic inequality, today’s structural economic challenges, repairing credit, increasing and maintaining homeownership and building wealth. I can think of no better way to celebrate the one year anniversary of the Financial Freedom Center, as we also celebrate April as Financial Literacy Month.”

The Financial Freedom Center was launched on April 4, 2011, in partnership with Wells Fargo & Co. (NYSE: WFC) to provide financial education and resources to consumers. The Center is the headquarters of the NAACP Economic Department who aims to educate around the realties and histories of racial economic inequality, recommend practical solutions and mobilize individual and community action.    

“The tour will expose the community and NAACP regional members to partners and best practices that advance economic empowerment in very tangible and meaningful ways,” states Mjiba Frehiwot, Director of Economic Education of the NAACP Economics Department.  NAACP Financial Advocacy and Community Tour (F.A.C.T.) dates and stops include:

March 23, 2012
Region V NAACP Regional Convention
Raleigh Convention Center   
Raleigh, North Carolina           
10:00 am – 4:00 pm (EST)

March 29,2012
Region III NAACP Regional Convention
Galt House Hotel
Louisville, Kentucky
9:00 a.m. – 4:30 p.m. (CST)


April 14, 2012
Region VII NAACP Regional Convention
Sheraton Annapolis Hotel
Annapolis, Maryland
9:00 a.m. to 4:30 p.m. (EST)

April 21, 2012
Region II NAACP Regional Convention
Location TBD
Newark, New Jersey
9:00 a.m. – 4:30 p.m. (EST)

April 29, 2012
Region I NAACP Regional Convention
Location TBD
San Francisco, CA
9:00 a.m. – 4:30 p.m. (PST)

May 3, 2012
Region IV NAACP Regional Convention
Location TBD
Des Moines, Iowa
9:00 a.m. – 4:30 p.m. (CST)


Also, if you are having challenges with your mortgage and would like to meet with a HUD certified counselor or a Wells Fargo or Bank of America servicer about your loan at F.A.C.T., please contact Dr. Mjiba Frehiwot, NAACP Director of Economic Education at 202-478-6400 or mfrehiwot@naacpnet.org.

The Financial Advocacy and Community Tour (F.A.C.T.) is free and open to the public. Registration is required to attend the NAACP Regional Conventions. For more information on F.A.C.T. contact: Dr. Mjiba Frehiwot at mfrehiwot@naacpnet.org or call: 202-478-6400.