The Center for Economic Opportunity (CEO) was established by Mayor Bloomberg on December 18, 2006 to implement innovative ways to reduce poverty in New York City. The CEO works with City agencies to design and implement evidence-based initiatives aimed at poverty reduction, and manages an Innovation Fund through which it provides City agencies annual funding to implement such initiatives. CEO oversees a rigorous evaluation of each program to determine which are successful in demonstrating results towards reducing poverty and increasing self-sufficiency among New Yorkers.

The CEO is led by Executive Director Veronica White and reports directly to Deputy Mayor Linda Gibbs. Along with its partner agencies, the Center will continue to put into action the recommendations that have been made by the Commission for Economic Opportunity.