In this press release, the Cities for Financial Empowerment Fund (CFE Fund) announced the selection of 12 new localities to replicate the proven Financial Empowerment Center (FEC) model as part of the FEC Public platform. Grantee cities include Akron, OH; Detroit, MI; Greenville County, SC; Houston, TX; Miami, FL; New Haven, CT; Pittsburgh, PA; Sacramento, CA; San Francisco, CA; Memphis, TN; Shreveport, LA; and Syracuse, NY.

The selected municipalities will receive technical assistance and seed funding to prepare them to plan for eventual implementation of the FEC model.

FEC Public is part of Bloomberg Philanthropies’ American Cities Initiative.