OFE conducts its own research to better understand the financial needs and experiences of New Yorkers with low incomes. Through analysis of promising financial practices and strategic partnership building, OFE developed a number of programs to help New Yorkers with low incomes build their assets and grow their personal wealth. 

These programs are generously supported by the *Mayor's Fund to Advance New York City, a private, not-for-profit corporation established in 1994 to develop partnerships between the City of New York and the private sector. The Mayor's Fund raises money to promote the general welfare of the City's residents and aid civic improvements. It does not fundraise on behalf of private institutions or individuals. The Fund supports the work of many City Agencies including Education, Parks, Health, and Cultural Affairs, and raises funds for many quality of life initiatives.

To contribute to one or more of the outlined OFE Initiatives through the Mayor's Fund, please click here

*The Mayor's Fund to Advance New York City is a 501(c)3 public charity; all donations are tax-deductible to the extent permitted by law.

Financial Empowerment Centers
Managing your money can be overwhelming. The City’s free Financial Empowerment Centers can help you take control. One-on-one financial counseling is provided for free by professional counselors in person or by phone in English and Spanish.
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Tax Credit Campaign
Tax credits like the Earned Income Tax Credit (EITC) and NYC Child Care Tax Credit can put extra money in your pocket
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Tax Prep Plus Program
Tax Prep Plus sites offer quick and easy tax preparation at a dramatically reduced rate to ensure working New Yorkers receive the tax credits they deserve.
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$aveNYC Account Program
$aveNYC Accounts offer a unique opportunity to eligible tax filers to use a portion of their refund to build savings.
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Opportunity NYC Bank Account
Mayor Bloomberg announced Opportunity NYC as the nation's first conditional cash transfer program. OFE collaborated with eight banks and credit unions to offer a special Opportunity NYC bank account - a flexible "starter" account that does not require a minimum opening balance or charge monthly fees. 
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