In 2006, Mayor Bloomberg established the Center for Economic Opportunity (CEO). Tasked with devising strategies to increase New Yorkers' financial independence, create economic opportunity, and reduce the number of people living in poverty in New York City, CEO has launched a number of innovative programs, including the Office of Financial Empowerment within the Department of Consumer Affairs. Under the Mayor's leadership, City agencies are working together to break the cycle of poverty.
OFE Initiatives
OFE partners with local organizations and communities to launch programs that financially empower New Yorkers with low incomes.
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DCA Marketplace Protections
The Department of Consumer Affairs (DCA) works to ensure that consumers are protected against deceptive and predatory practices in the marketplace.
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Advocacy and Policy
OFE works actively with legislators to provide advice, testimony, and support for legislation affecting New Yorkers with low incomes.
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Center for Economic Opportunity
The Center for Economic Opportunity (CEO) represents a coordinated, Citywide strategy for serving New Yorkers with low incomes.
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Cities for Financial Empowerment Coalition
Co-chaired by New York City and San Francisco, the Cities for Financial Empowerment (CFE) Coalition seeks to expand what municipal governments can and should do on behalf of their residents with low and moderate incomes.
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