The rapidly emerging field of municipal financial empowerment has already produced compelling evidence that the innovative strategies being used nationwide to improve residents’ financial stability have this “supervitamin” effect when inserted into traditional social services. Those receiving homeless prevention or workforce development services, for example, achieve better and quicker results when financial empowerment programming is woven into the delivery of the primary social service.
An investment in quality financial empowerment strategies and the mandate to integrate them effectively will pay greater dividends in more cost-effective service delivery, fundamentally improving mainstream social service programmatic outcomes while potentially saving money.
Review this resource to explore these antipoverty efforts introduced by city of New York.
