What outcomes have been achieved in other communities?

To date, five established FEC Centers/12 FEC’s have been established across the nation and have worked with almost 104,000 clients, helping them reduce individual debt by almost $146 million, and increasing their families’ savings by close to $22 million. More information can be found in CFE Fund’s comprehensive evaluation.In Michigan, Detroit has a new FEC that targets those in property tax foreclosure, and Lansing has an established prisoner re-entry program that has reduced half-way house stays by almost a month per returning citizen 

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1. Who is eligible to receive services at a Financial Empowerment Center (FEC)? Who is our target audience?
2. How is this different from asking people to “budget their way out of poverty”?
3. What does this look like on the client side? How long does counseling services take?
4. How do we ensure clients learn and take responsibility for their actions related to their financial circumstance?
5. How do we ensure competency for the proposed FEC staff on issues of equity?
6. What kind of referral network will be in place to provide the support clients need, such as therapy or emergency assistance?
7. What outcomes have been achieved in other communities?
8. Are there plans to utilize the wealthy community as volunteers to create buy-in and to leverage funds for financial planning or coaching?
9. What collaborations might be possible with higher education?
10. Why does the Cities for Financial Empowerment Fund mandate raising $300,000 in the first year?
11. How will the community be informed of results and new initiatives?
12. How might we leverage what we are learning to advocate for public policy shifts?
13. How does the county plan to develop actual investment and planning support?