The CFE Fund’s CityStart initiative, with seed support from the JPMorgan Chase Foundation, draws on our extensive work with local government leaders in over 70 cities, connecting critical on-the-ground insights about the impact of financial instability on families, communities, and municipal budgets with tangible, measurable, and sustainable municipal strategies to improve families’ financial lives. The CFE Fund will select five local governments to receive an intensive 6-9 month technical assistance engagement partnership, along with a $20,000 planning grant to begin planning for municipal financial empowerment initiatives (such as financial education and counseling; asset building; access to banking; and consumer protection). Selected cities will craft a municipal financial empowerment blueprint based on a series of conversations and convenings with local stakeholders. Following this information gathering phase, the CFE Fund will provide in-depth technical assistance to each city to design, draft, and finalize an actionable blueprint. CityStart cities have historically leveraged their engagement with the CFE Fund to further their commitment to this work.
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The CFE Fund is a 501(c)3 corporation; our programmatic, research, and policy efforts focus on designing, embedding, and replicating financial empowerment initiatives within the fabric of local government. Click below to partner with us.