Cities are Using Financial Empowerment to Advance Economy
Cities across the U.S. are adopting comprehensive financial empowerment strategies to enhance residents’ economic mobility. San Antonio, Texas, eliminated $60 million in medical debt for 45,000 residents through a partnership with a nonprofit, providing significant financial relief. Monroe, Louisiana, integrated financial coaching with rental assistance to support housing stability, while Lansing, Michigan, established a continuum of services—from childhood savings accounts to financial counseling for adults—to promote long-term financial security.
