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Orange County reports early gains from Financial Empowerment Center; staff seek sustainable funding
Summary
County staff presented first-year results from the Financial Empowerment Center: nearly 400 clients, more than $543,000 nonmortgage debt eliminated, and $330,000 in increased client savings; the county is evaluating sustainability and grant support for year three.
Orange County staff on Jan. 27 updated commissioners on the Financial Empowerment Center (FEC), a program launched with nearly $673,000 in American Rescue Plan Act funds to provide free one-on-one financial counseling and related services to residents and county employees.
Deputy Director Levon Williams told the board the FEC served roughly 400 clients in its first year and completed more than 1,000 sessions, with 284 clients achieving documented financial outcomes: 22% reduced…
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