Accessibility mode is enabled

Skip to Top / Tab to View Menu Options
Skip to Left Navigation / Tab to View Content

Financial Empowerment

Sacramento Financial Empowerment Center

The City of Sacramento, in partnership with a broad range of community organizations, will soon be offering free professional one-on-one financial counseling and coaching for local residents. This Financial Empowerment Center (FEC) work is expected to begin in late March 2020.

This is an exciting opportunity for Sacramento. High-quality financial counseling and coaching can make a significant difference for families struggling to get by. Our City is integrating the FEC work with our overall strategy for building equitable economic opportunity.

Through FECs, professionally trained counselor/coaches help people with low and moderate incomes to:

  • reduce debt
  • increase savings
  • establish, build and/or improve credit
  • access safe and affordable banking products
  • build assets for long-term financial health

Financial and technical support for this project comes from the New York City-based Cities for Financial Empowerment Fund (CFE Fund), which for many years has been helping municipalities around the country to replicate the financial counseling/coaching and related services that NYC has offered since 2006. Founding match sponsorship comes from Citi Community Development. The City of Sacramento has also committed funds to this initiative.

Learn More