The Midas Collaborative

Launched in 1999 by the Allston Brighton Community Development Corporation with just 4 members, The Midas Collaborative is now a statewide network of 30 organizations committed to advancing the financial security of low and moderate income Massachusetts residents.  To do so, the Collaborative runs a range of asset-building programs, which it complements with policy work focused on stabilizing income, reducing expenses for the working poor, ensuring consumer financial protections, and protecting assets.  In 2016, Midas’ matched savings program supported 1,536 low and moderate income people, who saved over $1.9 million and earned $2.6 million in matches.