A partnership of technology and Internet service providers has dedicated itself to seeing that low- to moderate-income households join the ranks of those who can take advantage of today's payment and other technologies.
The Community Technology Network Project, which is being developed in cooperation with the U.S. Department of Housing and Urban Development, will initially allow Section 8 and public housing residents in three Midwestern states access to computers, email services, the Internet and the payments system through an automated teller machine bank card. Eventually, the program will be rolled out nationwide.
The bankcard will be used for shopping and ATM withdrawals as well as to make the small monthly payments necessary for Internet connection. The program subsidizes 100 percent of email costs and up to 35 percent of computer costs for qualified people.
The goals of the program are not only to digitally connect a large portion of the "underserved" population, but to provide an efficient way for them to communicate with the government agencies, according to project materials.
BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.
Print Friendly!
Email This Article!
Discuss NOW!
