Mayor Toni Harp launched the Financial Empowerment Commission in March 2016 as part of an overall strategic vision to build the financial stability and knowledge of New Haven residents with low incomes. The commission members offered a range of insights and represented key financial stakeholders, including City agencies, nonprofits, funders, financial institutions, and government officials. The commission’s work complements the recommendations offered in the City Transformation Plan.
The commission has developed this interactive financial empowerment website with regularly updated information on banking/credit union options, budgeting, housing, debt and a resource guide. Financial education classes and counseling are offered at the Opportunity Center. In 2017, free professional one on one counseling will enable residents to address their financial needs and plan for their future, at the Opportunity Center and in concert with a small network of service providers in New Haven.