This press release announces the selection of nine additional local governments to replicate the Financial Empowerment Center (FEC) model under the CFE Fund’s national FEC Public platform. Selected municipalities (Atlanta, GA; Aurora, IL; Baltimore, MD; the County of Hawai’i, HI; Erie, PA; Polk County, IA; Roanoke, VA; Rochester, NY; and Washington, DC) will work to launch free, professional one-on-one financial counseling as a free public service for residents in need.
The CFE Fund, with support from Bloomberg Philanthropies, Wells Fargo, The JPB Foundation, JPMorgan Chase, and Capital One, is working to expand the FEC model to as many as 50 local governments. The CFE Fund provides grant support, intensive technical assistance, and a vibrant national learning community to help local government partners plan, launch, and sustain Financial Empowerment Centers for their residents.
To learn more about the national FEC Public initiative, visit www.fecpublic.org