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Michigan Communities for Financial Empowerment Network

Community Economic Development Association of Michigan

  • Program Education
  • Program Area Graduating High School College & Career Ready
  • Grant Amount $200,000
  • Grant Period October 1, 2014–September 30, 2016
  • Location Lansing, MI, United States
  • Geographic Focus Michigan

About this grant

The Cities for Financial Empowerment Coalition is a network of cities, including San Francisco, Newark, and San Antonio, committed to advancing effective and large-scale financial empowerment initiatives locally and nationally. Since 2008, the coalition’s member cities have developed and implemented basic banking and savings programs; developed citywide infrastructure for free financial education and counseling; launched public education campaigns; and used the member cities’ voices to advance policies and practices that create a safe financial services marketplace for their residents. This grant will enable the Community Economic Development Association of Michigan to bring the coalition’s best practices to the state of Michigan. Mott funds will support outreach, regranting, technical assistance, and networking activities. The overall goal of this project is to develop a robust network of local municipal leaders who are actively engaged in driving financial empowerment strategies for low- and moderate-income families throughout the state. The grantee is a nonprofit membership organization dedicated to rebuilding neighborhoods and revitalizing communities throughout Michigan.