December 7, 2020
Financial Empowerment Center Planning Grant – RSVP Now for 12/9 Informational Webinar!
Wednesday, December 9, 2020
3:00 p.m. Eastern
The COVID-19 pandemic has deepened individual and family financial instability, compounded with a number of new issues, including a looming national eviction crisis. Local government leaders across the country are leveraging the Financial Empowerment Center (FEC) model of free, professional, one-on-one financial counseling as a critical component of their COVID-19 response strategy. Financial Empowerment Centers have helped more than 116,000 clients reduce their debt by over $160 million and increase their savings by $26 million.
Interested in bringing this powerful model to your city or county? The CFE Fund is accepting applications for the 2021 Financial Empowerment Center Planning Cohort – learn more at our informational webinar this Wednesday, December 9 at at 3:00 PM EST – RSVP now!
Selected local government partners (cities or counties) will receive $20,000 and significant technical assistance for 6-12 months to design and prepare for the launch of a FEC financial counseling initiative. After the Planning Phase, grantees that have met key requirements will be eligible to apply for potential implementation matching grant funds.
We look forward to continuing to grow the Financial Empowerment Center movement.
The Cities for Financial Empowerment Fund