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Tempe explores no-cost Financial Empowerment Center; $20,000 planning grant approved
Summary
Cities for Financial Empowerment Fund briefed council on a city-run, nonprofit-delivered Financial Empowerment Center model that offers free one-on-one counseling, a $20,000 planning grant, and potential launch funding up to $150,000; city staff expect an 8–12 month planning timeline.
Tempe staff and a national nonprofit presented plans to establish a city‑led Financial Empowerment Center (FEC) that would provide no-cost, one-on-one financial counseling to residents and connect counseling to other local programs.
Tim Birch, Community Health and Human Services director, introduced Rose Harvey, manager of FEC Innovations at Cities for Financial Empowerment Fund (CFE Fund), who summarized the national model and local planning work. Harvey said the FEC is a public service typically run by local government and delivered by a contracted nonprofit that hires professionally trained counselors. The FEC model is data driven and uses a Salesforce platform provided by CFE Fund to track client-level outcomes.
Harvey told…
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