August 31, 2023

Financial Literacy for Municipal Employees – Due Oct. 6

The Program on Financial Literacy for Municipal Employees is intended to give local governments the ability to provide counseling to members of their communities. The goal of the program is to help American households gain control of their financial situation and plan for their futures.

The Financial Empowerment Center (FEC) Academy is a new opportunity for local governments to learn about the key building blocks of bringing the FEC model of integrated, professional, one-on-one financial counseling as a free public service to their communities, including through leveraging federal funding streams like the American Rescue Plan Act (ARPA).

The FEC Academy process will guide cities and counties through each step of planning to launch the model locally over approximately six months to one year, and includes significant CFE Fund technical assistance, access to planning resources and information, and participation in a robust learning community. Upon completion of the FEC Academy, partners will be equipped to put in place the building blocks to launch the Financial Empowerment Center initiative in their community and apply for potential implementation matching grant funds.

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