For far too many households, the cost of living outpaces what they earn, and traditional public assistance is often not available. These are ALICE® households, Asset Limited, Income Constrained, Employed, a term that more accurately describes today’s reality of financial hardship for people across the country.
Many ALICE households work in jobs that are essential to our community, educating children, supporting health care, and keeping local businesses and services running. Yet when income falls short of covering basic needs, families are forced to make impossible choices such as choosing between quality child care and paying the rent, or filling a prescription and fixing a car. These decisions may feel temporary, but their impact is long-lasting, affecting not only ALICE households, but the strength and stability of our entire community.
When ALICE families are financially stable, our communities are stronger and more resilient.