New Cities Selected to Launch Local Consumer Financial Protection Efforts

This press release announces the second cohort of the Local Consumer Financial Protection initiative, generously supported by the Annie E. Casey Foundation. Chattanooga, TN; Detroit, MI; Philadelphia, PA; Shelby County, TN; and St. Paul, MN will begin planning a communications campaign to raise consumer awareness of and protect residents from COVID-19 related scams, and continue planning for broader consumer financial protection capabilities within the city. Local consumer financial protection is a critical component of disaster response. Each city has received a $10,000 grant, paired with a nine-month technical assistance engagement partnership to begin planning for a local consumer financial protection initiative. This process will include a structured approach to identifying critical local consumer issues, convening key stakeholders, and surveying the legal landscape that will inform the development of an actionable strategic plan.