Your investment in the BACK program isn’t just about funding change—it’s about being part of a movement that delivers measurable impact and generates long-term growth for both the town and its investors.
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Support 200 vulnerable households with direct financial aid for a brighter, more stable future.
500
Enjoy matched savings up to $500 monthly, helping you build assets and invest in your future.
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Complete our 8-week financial education course to gain skills for smart money management and growth.
Receive monthly payments to help cover living costs, providing stability and reducing reliance on high-interest loans.
Access matched savings accounts to boost your savings for education, home ownership, or starting a small business.
Access matched savings accounts to boost your savings for education, home ownership, or starting a small business.
Join our hands-on financial education program. Each participant will be required to take the CFPB Your Money, Your Goals, 8 week course and participants with children will be encouraged to play FDIC's Money Smart Games to learn budgeting, and smart long-term planning skills.
Preserving Boron’s Unique Charm While Creating Opportunity
Boron’s peaceful charm is at risk. Limited job opportunities, food deserts, rising housing costs, and deteriorating infrastructure have created an urgent need for change. Local businesses and residents need support to thrive. Your investment directly addresses these challenges by creating job opportunities, improving local infrastructure, and bolstering financial security for residents.
High Poverty and Economic Distress:
31% Poverty Rate: Boron has a significantly higher poverty rate compared to the state average, putting economic stability out of reach for many residents.
Lack of Local Jobs: The town has limited employment opportunities, forcing residents to commute long distances or remain unemployed.
Limited Access to Financial Services:
One Bank in Town: There is only one bank serving the entire Boron community, making access to financial services difficult and discouraging local economic growth.
No Local Financial Support Programs: Traditional financial programs and services are limited or non-existent, exacerbating financial insecurity.
Rising Housing Costs:
Increased Cost of Living: Housing costs are rising rapidly due to limited supply and increasing demand from non-local buyers, pushing longtime residents out of their homes.
Displacement Risk: Without intervention, many low-income families face displacement, contributing to community instability.
Deteriorating Infrastructure:
Abandoned Buildings: The town is filled with abandoned and dilapidated buildings, creating safety hazards and lowering property values.
Limited Public Investment: Years of under investment have left Boron’s infrastructure in disrepair, hindering potential business development and community revitalization.
High Crime and Drug Rates:
Crime and Safety Issues: The community faces high rates of crime and drug use, largely driven by economic desperation and lack of opportunities.
Community Safety Concerns: A lack of resources for crime prevention and community engagement contributes to a cycle of poverty and crime.
Educational Barriers:
Low Educational Attainment: Many residents lack access to quality education and vocational training, limiting their ability to secure higher-paying jobs.
Need for Skill Development: The BACK program includes educational components that focus on financial literacy and skill-building, addressing the root causes of economic instability.
Boron’s small businesses are more than just commerce—they’re the heart of the community. However, rising competition from larger organizations threatens their survival. With your support, the BACK program can provide funding, training, and infrastructure improvements that help these businesses grow, thrive, and remain central to Boron’s economy.
In Boron, CA, the only grocery store serves as a lifeline for residents, but it faces its own limitations in terms of stock, variety, and access to fresh produce. This short video gives a glimpse into the daily shopping experience for Boron’s residents, where the nearest alternatives are miles away, often requiring long trips out of town just to access essential items.
Hear from those weʼve helped and discover the impact of the B.A.C.K. Initiative on real lives in our community.
"Stability and Confidence for My Family"
"The B.A.C.K. Initiative changed my life. The support helped me find stability and confidence for my family’s future!"
- Maria T.
"Saving for My Dreams"
"Thanks to the B.A.C.K. Initiative, I learned to manage my money better and save for my dreams. It’s life-changing!"
- James R.
"A Better Future for Boron"
"I’ve lived in Boron my whole life and was worried about our future. The B.A.C.K. Initiative is the boost our town needed. It’s inspiring to see businesses growing and families succeeding."
- Sandra L.
Building Financial Knowledge:
Every participant completes financial literacy training through the SBA or CFPB, equipping them with essential knowledge to make informed financial decisions.
Empowering Through Savings and Investment:
Participants commit to monthly savings, matched by the program to support big dreams and local goals, such as:
Owning a Home in Boron: By setting aside funds for home ownership, families gain a stable foundation here in Boron.
Starting and Growing Local Businesses: BACK funds can help long-established businesses grow and new ones take root, keeping Boron’s entrepreneurial spirit alive.
Further Education and Job Skills: Opportunities for higher education and job training give our residents the tools they need to succeed locally and beyond.
Revitalizing Community Spaces:
BACK invests directly in Boron’s physical spaces by revitalizing abandoned buildings, creating opportunities for new businesses, and supporting community projects that bring our neighbors together.
Expanded Resources for Growth and Opportunity:
BACK works with regional partners to bring essential resources directly to Boron, such as job training, financial coaching, and support services that open doors for our residents.
Strengthening Community Bonds:
BACK involves residents in decision-making, building a true sense of ownership and pride as we work together for the Boron we all believe in.
How You Can Help Us Build a Better Boron
The BACK program thrives on the collective effort of compassionate individuals and organizations like you. Here’s how you can support our mission and help transform Boron into a thriving community:
💰 Donate: Empower Our Vision
Your donations directly fund programs that uplift residents, revitalize local businesses, and improve Boron’s infrastructure. Every contribution, big or small, makes a meaningful impact.
🤝 Volunteer: Share Your Time and Talent
Join our team of passionate volunteers to help make a difference on the ground. Whether it’s assisting with community events, mentoring local businesses, or providing educational workshops, your time and skills are invaluable.
📢 Share Your Expertise: Partner With Us
Do you have a service or resource that can support our initiative? From financial education and business mentorship to infrastructure improvements, your expertise can help us achieve our goals. Tell us how you can contribute!
For more information, please contact us at 1-760-920-1379 or email us at [email protected]. For inquiries, please visit us at https://fund-nation.org/back-program-inquiries.
The BACK Program, short for Boron Anchor for Community Knowledge, is an initiative aimed at revitalizing the Boron community through economic and educational support. It combines Universal Basic Income (UBI) with Individual Development Accounts (IDAs) to tackle economic instability and foster long-term community investment.
Eligibility is open to residents of Boron, CA, and the surrounding unincorporated East Kern County area. Participants must complete the SBA and/or CFPB financial literacy program to qualify for the program’s lottery entry.
Participants must:
- Complete a financial literacy program through the SBA and/or CFPB.
- Commit to automatic monthly savings of at least $100, with the option to save up to $500. These savings are matched through the program and must be reinvested into the community.
Savings can only be used for three purposes:
1. Purchasing a home or making a down payment on a home in Boron.
2. Starting a small business in Boron.
3. Pursuing further education.
Eligible participants who complete the financial literacy program are entered into a lottery system. Selected participants receive program benefits, including matched savings and UBI, to support their reinvestment in the community.
The UBI provides a monthly stipend to selected participants to help alleviate financial instability. This stipend is intended to cover essential needs and support participants in building a stronger financial foundation.
IDAs are matched savings accounts designed to help participants achieve specific financial goals. The BACK Program matches participant savings dollar-for-dollar, enabling them to build assets that benefit themselves and the Boron community.
The BACK Program aims to:
- Stabilize the local economy by encouraging homeownership and small business growth.
- Retain longtime residents by making the community more affordable.
- Promote education and skill development to enhance economic mobility.
The program is funded through grants, sponsorships, and partnerships with organizations such as the SBA, CFPB, and other community-focused entities. We continue to seek additional funding to expand and sustain the program.
No. Matched savings must be used for one of the three designated purposes: homeownership, starting a small business in Boron, or furthering education.
The program runs in cycles, with new participants selected every three months. Each participant is required to actively participate in the program for their designated cycle, with continued engagement opportunities for alumni.
Participants receive:
- Financial literacy training.
- Access to mentorship and resources for small business development or homeownership.
- Guidance on educational opportunities.
The ultimate goal is to empower residents of Boron to achieve economic stability, invest in their community, and contribute to the town’s long-term growth and revitalization.
Applications are available on our website and at local community centers in Boron. Stay updated on application deadlines and program news by visiting our website or contacting our office.
The program evaluates success through:
- Economic indicators like increased homeownership and small business creation.
- Educational achievements of participants.
- Community feedback on overall improvements in quality of life.
Yes, we welcome partnerships with local and national businesses that share our mission of community revitalization. Interested organizations can contact us to discuss opportunities for collaboration.
For more information, please contact us at 1-760-920-1379 or email us at [email protected]. For inquiries, please visit us at https://fund-nation.org/back-program-inquiries.
1-760-920-1379