Meet some of the Boston residents who took advantage of free, asset building events during America Saves Week. Similar events are available year-round – click the links below to learn more! Name: Tiffany Event: Bank on Boston Experience: Tiffany, 19, had
United Way Features Roxbury Center for Financial Empowerment
The Roxbury Center for Financial Empowerment plays a significant role in narrowing the economic inequality gap in Boston – and a recent blog article from the United Way of Massachusetts Bay and Merrimack Valley explains how. In short, it comes down
Season of Free Tax Preparation Launches with New Services
The seventeenth season of free tax preparation services for Boston residents kicked off yesterday with a launch event at Codman Square Health Center celebrated by Mayor Martin Walsh, the Boston Tax Help Coalition, and key community partners. Residents earning $54,000
An Innovative New Program to Help Boston Residents Boost Their Credit Scores
A key wedge driving the gap between Boston’s affluent and low- and middle-income residents is credit. While good credit opens the door to low-cost loans, poor or no credit can make innumerable life transactions more expensive, from car loans to
What’s New at the Office of Financial Empowerment
October is an exciting month for the Mayor’s Office of Financial Empowerment! In addition to our usual work this time of year getting ready for our VITA tax programs, we are preparing to host the Cities for Financial Empowerment (CFE)
Apply now for Bridge to Hospitality Job Training!
The Roxbury Center for Financial Empowerment (RCFE), located in Dudley Square in Roxbury, is accepting applications for a free workforce development training program that leads to jobs in the Hospitality field. The Bridge to Hospitality program is partnering with New
New Report: Financial Check-Ups Boost Boston Residents’ Financial Health
A study released today by the Mayor’s Office of Financial Empowerment (OFE) finds that the Financial Check-Up (FCU) – a light-touch, one-on-one credit review – can make a dramatic impact on residents’ financial well-being in a short amount of time. A randomized, controlled trial of hundreds of Boston taxpayers
Santander Bank Supports Boston’s Financial Empowerment with $200,000 Grant
Santander Bank and the Mayor’s Office of Financial Empowerment (OFE) have announced that the Boston-based bank is providing a $200,000 grant in support of OFE’s financial education and economic development work for City residents. The OFE will use the grant to
Boston’s First-of-its-Kind Youth Credit Initiative Shows Positive Results
Too many adults fail to appreciate the value of good credit until they’ve suffered the consequences of poor or no credit: diminished opportunity for jobs or housing, exorbitant loan or interest rates, limited access to further credit. But could these
Apply to “Bridge to Hospitality” Job Training now!
The Roxbury Center for Financial Empowerment (RCFE), located in Dudley Square in Roxbury, is accepting applications for a free workforce development training program that leads to jobs in the Hospitality field. Update – two classes have graduated in 2017