A Scan of Municipal Financial Capability Efforts
As the connection between financial capability and social mobility is increasingly clear, public and private actors are moving to innovate and invest in an ecosystem that supports financial health for economically vulnerable households. Local governments are uniquely positioned to play a key role on the front line of these financial capability efforts.
This study, funded by JPMorgan & Co., explores the broad range of strategies that make up the financial capability landscape in U.S. cities, touching on programs and policy efforts deployed by and within municipalities. Our high-level scan of existing initiatives and the ways they fit together reveals the role that cities and their core institutions can play in promoting residents’ personal economic growth. This study mentions Catalyst Miami's work several times and was written by Urbane Development.