NYC Invests in Financial Stability Counseling for People with Disabilities

By Nolan Miles
P3 Kentucky Staff Writer

New York City is a city known to set trends, and it’s setting a new trend through a new public-private partnerships aimed at making the city more convenient for the youth, immigrants and people with mental illness and disabilities.

In an effort to make the city more economically feasible for all citizens New York became the first city to join Empowered Cities to test new resources and strategies to “improve financial inclusion for people with disabilities.” The public-private partnership will pave the way for the city to create a $1 million pilot program called EmpoweredNYC designed to educate and provide financial counseling to individuals.

Empowered Cities is a $2 million initiative comprised of a partnership between Citi Community Development and the National Disability Institute that works to create community-wide financial stability. The New York city government will provide institutional resources to the program, overseen by the Mayor’s Office.

Click here to read more about the unique public-private partnership.

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