Key Takeaway

Next Generation awardees are Mayors Martin J. Walsh (Boston, MA); Toni N. Harp (New Haven, CT); Libby Schaaf (Oakland, CA); Sam Liccardo (San José, CA); and Ollie Tyler (Shreveport, LA).

The CFE Fund’s Next Generation Municipal Financial Empowerment Award grows the municipal financial empowerment field by cultivating and supporting innovative ideas from new mayoral administrations. This May 2015 press release announces the five city leaders chosen through a competitive RFP process to receive this award: Boston Mayor Martin J. Walsh, New Haven Mayor Toni N. Harp, Oakland Mayor Libby Schaaf, San José Mayor Sam Liccardo, and Shreveport Mayor Ollie Tyler.

The award, generously sponsored by Capital One, includes both a planning grant and dedicated technical consulting from the CFE Fund. Together, awardee mayors, their teams, and the CFE Fund will develop innovative local government strategies to address poverty through programs such as financial counseling, access to safe and appropriate banking products, asset-building opportunities, and consumer financial protections.

Additional Takeaways

Award cultivates and supports innovative financial empowerment priorities of new mayors.

Award includes planning grant and dedicated technical assistance consulting from the CFE Fund.

Together, mayoral partners are translating financial empowerment planning to action.

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