Office of Financial Empowerment
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The report series Municipal Financial Empowerment: A Supervitamin for Public Programs builds the case that fully integrating financial empowerment and asset building strategies into public programs will lead to more effective service delivery, improving outcomes while potentially saving money. See below for links to individual reports.

 

Strategy #5: Integrating Asset Building
In this report we describe the Department’s efforts to integrate short-term savings opportunities in public programs to help households take a crucial step toward their long-term savings goals and ultimately achieve—and sustain—financial stability.
Download the report
Strategy #4: Targeting Consumer Financial Protection Powers
In this report we outline how cities can use consumer protection regulations, outreach and education, and advocacy to protect the most vulnerable consumers in the financial marketplace while enhancing the effectiveness of public programs.
Download the report

Commissioner Mintz spoke to students and faculty at Columbia University School of Social Work's Grand Rounds series in February 2013. He discussed the Financial Empowerment Centers and highlighted how municipal financial empowerment has a supervitamin effect, increasing the outcomes of host social service programs. 
Watch video clip 
Download compilation of the first three reports in the series

Strategy #3: Integrating Safe and Affordable Bank Accounts
In this report we describe the supervitamin effect of safe banking initiatives on program outcomes for individuals who are unbanked, especially in programs where people receive recurring payments.
Download the report  
Strategy #2: Professionalizing the Field of Financial Education and Counseling
In this report we focus on achieving consistent, professional, high-quality financial counseling and integrating training into local accredited colleges and universities.
Download the report 
 
Strategy #1: Integrating Professional Financial Counseling
In this report we explore the basic supervitamin theory and then highlight the effectiveness of offering one-on-one financial counseling within social service systems, working with agencies to coordinate client goals and performance measures, and deliberately planning for capacity building and scale.
Download the report  
Read press release: Mayor Bloomberg Announces $24 Million Expansion of Jobs-Plus Program to New York City Housing Authority Residents in All Five Boroughs