CFPB: Opportunity for Organizations that Serve Economically Vulnerable Populations to Receive Support

For the past four years, the Bureau’s Office of Community Affairs (formerly the Office of Financial Empowerment) has supported organizations committed to helping people manage their money and work toward their goals using a suite of financial empowerment tools called Your Money, Your Goals. If your organization serves economically vulnerable populations and you are interested in gaining more intensive support for your consumer financial empowerment efforts, you can apply for the Your Money, Your Goals 2019 cohort.

The Office of Community Affairs—which focuses on economically vulnerable consumers—is looking for approximately 40 organizations from across the country that are interested in using the Your Money, Your Goals toolkit, issue-focused booklets, and companion guides to help build the financial well-being of the people they serve.

The Office of Community Affairs is interested in working with organizations that serve economically vulnerable populations to equip frontline staff and volunteers to introduce financial capability topics in their meetings with the people they serve. These organizations may include:

  • Public and private social service organizations
  • Faith-based organizations
  • Legal aid organizations
  • Volunteer organizations
  • Local governments
  • Financial institutions
  • Organizations focused on entrepreneurship and economic development

Read more about the selection criteria and how to apply . Members of the Your Money, Your Goals 2019 cohort will receive training, materials, and technical assistance, including support to develop and execute their Your Money, Your Goals implementation plans.

Members of past cohorts have used innovative approaches to implement Your Money, Your Goals training, tailoring its use to their structure, mission, services, and the needs of the people they serve. They have also developed new partnerships and collaborations with other local and regional organizations. Download the list of organizations  the Bureau is currently working with.

If you think your program would be a good fit, complete the application and send it with the requested attachments to YourMoneyYourGoals@cfpb.gov by Oct. 26, 2018, with the subject line “Your Money, Your Goals 2019.”

To learn more, join us on Sept. 27, 2018, at 3 p.m. ET for a webinar that will describe the application process. Email YourMoneyYourGoals@cfpb.gov to RSVP.

By Patty Avery and Daniel Dodd-Ramirez

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