https://www.americancityandcounty.com/wp-content/themes/acc_child/assets/images/logo/footer-logo.png
  • Home
  • Co-op Solutions
  • Commentaries
  • News
  • In-Depth
  • Multimedia
    • Back
    • Podcast
  • Resources
    • Back
    • Resources
    • Webinars
    • White Papers
    • Events
    • How to Contribute
    • Municipal Cost Index – Archive
    • Equipment Watch Page
    • American City & County Awards
  • Magazine
    • Back
    • Digital Editions
    • Reprints & Reuse
    • Advertise
  • About Us
    • Back
    • About Us
    • Contact Us
    • Privacy Statement
    • Terms of Service
American City and County
  • NEWSLETTER
  • Home
  • Co-op Solutions
  • Commentaries
  • News
  • In-Depth
  • Multimedia
    • Back
    • Podcasts
  • Resources
    • Back
    • Webinars
    • White Papers
    • Events
    • How to Contribute
    • American City & County Awards
    • Municipal Cost Index
    • Equipment Watch Page
  • Magazine
    • Back
    • Digital Editions
    • Reprints & Reuse
    • Subscribe to GovPro
    • Manage GovPro Subscription
    • Advertise
  • About Us
    • Back
    • About Us
    • Contact Us
    • Cookie Policy
    • Privacy Stament
    • Terms of Service
  • newsletter
  • Administration
  • Economy & Finance
  • Procurement
  • Public Safety
  • Public Works & Utilities
  • Smart Cities & Technology
acc.com

Economy


News

Cities selected for grants to provide financial counseling

Cities selected for grants to provide financial counseling

Five cities have been awarded $16.2 million in grants to set up centers to provide free financial counseling for low-income residents and integrate financial counseling into municipal services.
  • Written by conley
  • 14th January 2013

Five cities have been awarded $16.2 million in grants to set up centers to provide free financial counseling for low- income residents and integrate financial counseling into municipal services. The grants from Bloomberg Philanthropies and the Cities for Financial Empowerment Fund (CFE) will help establish Financial Empowerment Centers like those in New York City.

Cities awarded the grants include Denver; Lansing, Mich.; Nashville; Philadelphia; and San Antonio. The cities were selected from about 50 cities that competed for the grants.

The five cities will receive funds and technical assistance to set up centers where residents can receive one-on-one financial counseling from professional counselors. The advisors can help residents erase erroneous debts and correct credit histories, negotiate with creditors for more favorable payments and interest rates, and identify new sources of income such as unclaimed tax benefits.

The financial counseling centers will be open in the five cities in March. They are projected to serve more than 30,000 people over three years.

The centers are based on a model begun in New York in 2008. That program has grown to nearly 30 centers that have provided counseling to about 19,000 New Yorkers, helping them reduce their debt by more than $9 million and save nearly $1 million, according to Bloomberg.

The goal is to spur more cities to set up similar financial counseling programs. “Financial Empowerment Centers are a nationally recognized model of success with a proven track record in New York, providing better, faster and less costly outcomes,” Living Cities president Ben Hecht said in a statement. Living Cities’ CFE Fund is focused on changing the way municipal governments are thinking about social service delivery, particularly in this time of decreased resources.”

Tags: Administration Economy News

Related


  • Rethinking worker’s compensation with alternative dispute resolution
    Worker’s compensation can be a significant expense area for municipal employers and the taxpayers they represent. In addition to high premium rates, the individual claim expenses, litigation costs and extended periods of absence for injured workers rack up hefty price tags. Alternative dispute resolution (ADR) programs are an effective strategy for addressing the high costs […]
  • 2020 Crown Communities winner: Harris County, Texas, Precinct 2's ACCESS2HEALTH SmartPod
    Precinct 2 of Harris County, Texas, implemented a medical college’s innovative epidemiological technology to bring COVID-19 testing to its vulnerable residents. However, the precinct’s initiative and this technology could influence pandemic response across the country. Of all four precincts in Harris County, Texas, Precinct 2 has the lowest median life expectancy, the highest percentage of […]
  • American City & County's 2020 Exemplary Public Servant of the Year Award
    Nominees for American City & County's Exemplary Public Servant of the Year award are judged on their recent accomplishments and the impact these actions had on their communities
  • American City & County’s 2020 Crown Communities Awards
    Projects nominated for American City & County's annual Crown Communities Awards are judged on uniqueness, short- and long-term value to the community and effective/innovative financing.

Leave a comment Cancel reply

-or-

Log in with your American City and County account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Bridging the digital divide by fostering digital inclusion and economic recovery
  • UPDATED: Mask mandates, water upgrades, new transit part of Tampa’s plan for hosting pandemic-era Super Bowl
  • Learning from 2020, a busy year for economic developers
  • Reno-Talkspace partnership offers free mental services to residents

White papers


Discover How Public Sector Officials are Monitoring and Managing Overtime in This New White Paper

22nd February 2021

How to Assemble a Successful Government Grant Proposal

5th February 2021

The Rise of Procurement’s Next Normal

5th February 2021
view all

Events


PODCAST


Young Leaders Episode 4 – Cyril Jefferson – City Councilman, High Point, North Carolina

13th October 2020

Young Leaders Episode 3 – Shannon Hardin – City Council President, Columbus, Ohio

27th July 2020

Young Leaders Episode 2 – Christian Williams – Development Services Planner, Goodyear, Ariz.

1st July 2020
view all

Twitter


AmerCityCounty

2020 Crown Communities winner: El Paso County, Texas’ pretrial justice modernization dlvr.it/Rv4GKL

6th March 2021
AmerCityCounty

A city’s innovative downtown master plan sees future in local, inclusive placemaking dlvr.it/Rv3SfM

5th March 2021
AmerCityCounty

2020 Crown Communities winner: Gainesville, Fla. closes Dignity Village and houses its homeless population dlvr.it/Rv1GS2

5th March 2021
AmerCityCounty

2020 Crown Communities Winner: South Bay Cities Council of Governments’ South Bay Fiber Network dlvr.it/Rv10b7

5th March 2021
AmerCityCounty

Senate American Rescue Plan includes more than $60 million in direct aid for counties dlvr.it/RtzvBK

4th March 2021
AmerCityCounty

ASCE releases 2021 Report Card for America’s Infrastructure dlvr.it/Rtvck5

3rd March 2021
AmerCityCounty

Updating the assessor report: A new approach dlvr.it/RttvDv

3rd March 2021
AmerCityCounty

2020 Crown Communities winner: Phases 2 and 3 of Minot, N.D.’s Mouse River Enhanced Flood Protection Plan dlvr.it/RtrWMC

3rd March 2021

Newsletters

Sign up for American City & County’s newsletters to receive regular news and information updates about local governments.

Resale Insights Dashboard

The Resale Insights Dashboard provides model-level data for the entire used equipment market to help you save time and money.

Municipal Cost Index

Updated monthly since 1978, our exclusive Municipal Cost Index shows the effects of inflation on the cost of providing municipal services

Media Kit and Advertising

Want to reach our digital audience? Learn more here.

DISCOVER MORE FROM INFORMA TECH

  • IWCE’s Urgent Communications
  • IWCE Expo

WORKING WITH US

  • About Us
  • Contact Us

FOLLOW American City and County ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X