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The Skyline: How Two Cities Leveraged Financial Empowerment as Connective Tissue for Housing Success
By connecting financial empowerment to rental assistance programs, two cities supercharged social service success and brought together a range of partners to build a cohesive ecosystem around longer-term financial stability.
CFE Fund Comment Letter to Treasury on Financial Institution Customer Identification Requirements
The CFE Fund recently submitted a letter to FinCen at the U.S. Department of Treasury in response to their request for information about updating the process of requiring full Social Security Numbers when opening a bank or credit union account.
Five U.S. Cities Selected to Create Local Wealth Building Strategies Addressing Racial Wealth Equity
In this April 2024 press release, the CFE Fund announced that a third cohort of five cities have been selected to join the CityStart initiative. The initiative helps local leaders develop and implement proven strategies to support local families and communities in building financial stability, with a specialized focus on racial wealth equity.
CFE Fund Comment Letter to Consumer Financial Protection Bureau on Overdraft Lending Regulations
The CFE Fund recently submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) in response to a Request for Comment on the CFPB’s proposal to update regulations that govern overdraft lending services.
The Skyline: How Three Cities Expanded Banking Access to Residents with Alternative IDs
Regulatory requirements to verify a customer’s identity have posed notable barriers to banking for those who may not have traditional government-issued IDs. But local government leaders and community organizations around the country are partnering with financial institutions to flexibly connect consumers to safe banking.
CFE Fund Comment Letter on HUD Eviction Proposal
The CFE Fund recently submitted a comment letter to the U.S. Department of Housing and Urban Development in support of the proposal to provide tenants residing in public housing or receiving housing assistance with at least 30 days‘ notice before initiating formal eviction proceedings.