Florida’s financial literacy program has a ‘tough road ahead’

Florida’s financial literacy program has a ‘tough road ahead’

September 24, 2021 Comments Off on Florida’s financial literacy program has a ‘tough road ahead’ By admin

Florida is not the only state struggling with the problem of financial literacy.

The state’s financial education program, HomePoint Financial Services, was recently shut down after just four months of operations.

The program was set up to help people understand the basics of money and credit, and also to help them plan a retirement.

The company said it had to stop working because the state had shut down its financial literacy programs in Florida, Georgia and Tennessee.

The news comes after a series of deadly terrorist attacks, including the Boston Marathon bombings and the Orlando nightclub shooting.

The FBI reported on Monday that it was aware of two of the shootings and had investigated the possibility that one of the shooters may have purchased firearms through the program.

It said that while no connection has been made between the two incidents, “there is no indication that the shooter had any connection to the program.”

HomePoint also told ABC News it has been in talks with state regulators about a possible reopening.

“We will continue to cooperate with them to ensure we are in compliance,” a company spokesperson told ABC.

ABC News’ Emily Sottile contributed to this report.

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