Sacramento Launches Partnership with Cities for Financial Empowerment Fund
Low-income Sacramento residents will soon have access to free one-on-one financial counseling under a new economic empowerment initiative. Mayor Steinberg made the announcement in partnership with United Way California Capital Region, CitiBank and representatives form the Cities for Financial Empowerment Fund.
The city has been awarded a $20,000 planning grant from the Cities for Financial Empowerment Fund (CFE Fund). The award is made possible through a $7.75 million investment from Bloomberg Philanthropies as part of its American Cities Initiative.