The CFE Fund’s CityStart initiative, supported by Bloomberg Philanthropies, JPMorgan Chase & Co. and others, offers mayors and their administrations a structured approach to identify financial empowerment goals, convene relevant stakeholders for sustainable success, develop actionable strategies, and ultimately craft a blueprint that is rooted in local insights and opportunities.
This two-phase action engagement connects critical insights about the impact of financial instability on municipal governments with tangible, sustainable strategies to improve families’ financial lives. Often, the first phase of the initiative is a municipal financial empowerment “boot camp” that brings together key local constituencies. Based on issues identified in the boot camp, as well as mayoral priorities, the CFE Fund works with city partners on a second phase: implementation planning. This more intensive engagement harnesses the momentum from the boot camp to design a comprehensive financial empowerment blueprint and identify key implementation stakeholders.
The CityStart initiative stems from the CFE Fund’s extensive work with local government leaders, and connects 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. CityStart cities have historically leveraged their engagement with the CFE Fund to further their commitment to this work. In the coming months, the CFE Fund will open applications for a new, equity-focused iteration of CityStart.
If you have any questions about the CityStart initiative, contact Tamara Lindsay, Principal.