Center for Economic Opportunity

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	Mayor Bloomberg Opens Three New Financial Empowerment Centers in Brooklyn, Manhattan and Queens The City’s Financial Empowerment Centers offer free, one-on-one financial education and counseling in person or by phone in English and Spanish. An important tool in the City’s Five Borough Economic Opportunity Plan, the new Brooklyn, Manhattan, and Queens centers follow the successful pilot center launched in 2008 in Bronx. Press release Office of Financial Empowerment


		Center for Economic Opportunity Announced as Finalist for Innovations in American Government Awards The Ash Institute for Democratic Governance and Innovation at the John F. Kennedy School of Government at Harvard University today announced that the NYC Center for Economic Opportunity is a finalist for the 2009 Innovations in American Government Awards. Press Release (in PDF)


		More than 4,000 New Yorkers from Low Income Neighborhoods Placed in Jobs Through Partnerships with Community-Based Organizations The Community-Based Outreach program works with more than 200 community-based organizations and supports Mayor Bloomberg's goal of helping New Yorkers find jobs during the economic downturn under the Five Borough Economic Opportunity Plan. Press release Five Borough Economic Opportunity Plan


		Mayor Bloomberg Announces Major Progress for New York City's Anti-Poverty Strategy Under Center for Economic Opportunity At the Center for American Progress in Washington DC, Mayor Bloomberg discussed CEO's successful initiatives. Mayor Bloomberg also advocated for a Federal Urban Innovation Fund to fight poverty based on New York City's model. Press Release Innovation Fund Proposal (in PDF) Download the Report (in PDF) Watch the video in low or high bandwidth


		Mayor Bloomberg and Agriculture Secretary Vilsack Announce $2 Million Federal Grant to Create Green Jobs Mayor Bloomberg and US Department of Agriculture Secretary Vilsack announced that the Department of Agriculture has awarded a $2 million grant to create green jobs and restore urban forests in New York City. Press Release


		Statement by Mayor Bloomberg On New York City Receiving Eight Nominations for the Innovations in American Government Awards from the John F. Kennedy School of Government at Harvard Eight New York City programs, including three CEO initiatives, were nominated for this year’s Innovations in American Government Awards. The three CEO initiatives include: CEO’s Innovation Fund, the Office of Financial Empowerment, and the EITC mailing. Mayor’s Statement Kennedy School Press Release CEO Programs


		Mayor Bloomberg Outlines How City Is Helping Small Businesses Avoid Layoffs, Reposition Themselves for Growth and Increase Employee Wages Mayor Bloomberg recently outlined how the City is helping small businesses adapt to today's market conditions, avoid layoffs, and increase worker skills and wages through New York City's Business Solutions training funds program. The announcement took place during a visit to an on-site workforce retraining session in Port Richmond, Staten Island. Press Release NYC Business Solutions


		Mayors Bloomberg and Newsom announce that Los Angeles and Providence Join the Cities for Financial Empowerment, a National Coalition to Expand Financial Literacy and Asset-Building Initiatives Cities for Financial Empowerment, a coalition of city governments seeking to address and expand the role of municipal government in improving the health and security of residents with low and moderate incomes, has grown to include nine cities in its first year. Co-chaired by the New York City and San Francisco, coalition members include Chicago, Los Angeles, Miami, Providence, San Antonio, Savannah, and Seattle. Press Release (in PDF) Office of Financial Empowerment CFE Website


		Mayor Bloomberg Announces More Than 50,000 New Yorkers Claimed City Child Care Tax Credits Mayor Bloomberg announced that more than 50,000 New Yorkers claimed over $30 million under the City's Child Care Tax Credit (CCTC). Beginning in 2008, the CCTC is one of the first municipal child care credits in the nation and is designed to help more families afford child care. The CCTC is one of the Center for Economic Opportunity’s many innovative programs. City residents can call 311 for more information about the CCTC and to locate free and low-cost tax preparation services. Press Release Office of Financial Empowerment NYC Tax Credit Campaign


		Youth Financial Empowerment Participants Ring NASDAQ Closing Bell to Celebrate National Mentoring Month In celebration of National Mentoring Month, CEO's Youth Financial Empowerment (YFE) participants and mentors rang the NASDAQ closing bell on January 23 in Times Square. YFE participants were joined by Matilda Cuomo, Founder and Chairperson of Mentoring USA, and by officials from New Yorkers for Children, Citibank, United Way of New York City, and Wells Fargo. YFE Rewards Savings (ACS) CEO's YFE Program Profile


		Mayor Bloomberg Outlines Proposal for a Federal Urban Innovation Fund to Fight Poverty Mayor Bloomberg outlined details for a Urban Innovation Fund to fight poverty in large metropolitan areas at the U.S. Conference of Mayors winter meeting in Washington, D.C. The proposal builds on the success of New York City’s Center for Economic Opportunity Press release Innovation Fund Proposal


		Mayor Bloomberg Launches "Pass It On" Campaign The "Pass It On" campaign will help the City's faith leaders provide financial information and guidance to the members of their communities. CEO’s Office of Financial Empowerment will provide information about the many free and low-cost financial education resources available through the City's Financial Education Network. Read the press release Search the Financial Education Network "Pass It On" card in English or Spanish (in PDF)


		Mayor Bloomberg and CEO’s Office of Financial Empowerment Announce "Your Money Helpline" To help New Yorkers navigate through tough economic times, the City of New York and CEO's Office of Financial Empowerment, in partnership with the City University of New York (CUNY) and the Daily News, assembled a team of experts to offer free financial help to New Yorkers through a special, one week phone-a-thon held in December. Read the press release Office of Financial Empowerment