Six U.S. Municipalities Selected to Create Local Wealth Building Strategies

Six U.S. Municipalities Selected to Create Local Wealth Building Strategies

Kansas City, MO; Memphis, TN; Milwaukee County, WI; Savannah, GA; Springfield, MA; and St. Petersburg, FL chosen by Cities for Financial Empowerment Fund

CFE initiative to improve financial stability for residents

The City of St Petersburg announced a collaboration with the Cities for Financial Empowerment Fund (CFE) this week, resulting in a $100,000 grant.  This grant, provided by the Fund, will be used to create strategies and programs that can help improve financial stability for residents.  CFE Fund’s investment in the St. Pete community is a part of its CityStart initiative.  Through the initiative, the Fund partners with city or county governments …

City of Memphis Selected for National CityStart Financial Empowerment Initiative

MEMPHIS, TENN. June 2, 2025 — The City of Memphis, Division of Housing and Community Development (HCD) in partnership with the national nonprofit Cities for Financial Empowerment Fund (CFE Fund), has been selected to join the CityStart initiative—an innovative program that works directly with local governments to develop and implement proven strategies aimed at helping families and communities become more financially stable.  CityStart offers pa…

City of St. Petersburg Receives 100,000 Dollar Grant to Create Wealth-Building Strategies