Columbus Awarded Competitive Grant to Create Financial Empowerment Strategy for Women and Families
The City of Columbus wants to provide women and families a
pathway out of poverty. In July 2019, the City received a $20,000 CityStart
grant from Cities for Financial Empowerment Fund (CFE Fund) to create a
sustainable roadmap for financial stability and empowerment. Columbus’
application was submitted jointly by the Columbus Women’s Commission, on behalf
of the Mayor’s office, and Columbus City Council President Pro Tempore
Columbus is one of seven cities selected for the second 2019
CityStart grant, joining Birmingham, AL; Jackson, MS; Jersey City, NJ; New
Orleans, LA; Madison, WI; and Waco, TX. Each city will receive a $20,000
planning grant and an intensive 6-9 month technical assistance engagement
partnership with the CFE Fund.
"Women experience financial instability at a greater
rate than men for a number of reasons,” said Mayor Andrew J. Ginther. “I formed
the Columbus Women’s Commission with First Lady Shannon Ginther in my first
year as Mayor of Columbus to advance the economic well-being of women in our
community. The CityStart grant will help us in this important work.”
The CityStart initiative offers a structured approach that
combines local priorities, community input and industry insight to craft an
action plan or “blueprint.” It draws on CFE Fund's extensive programmatic work
with government leaders in more than 80 cities. The goal is to connect critical
on-the-ground insight about the impact of financial instability on Columbus’
families, communities and municipal budget with measurable and sustainable
strategies to improve families' financial lives.
“Providing women with the resources they need to improve
their financial security not only helps them support themselves and their
families, but it also improves our entire community,” said President Pro Tem
Brown. “I am excited to work with our local partners and CFE Fund to make a
positive difference for Columbus women.”
With the support of CFE Fund, Columbus will craft its
municipal financial blueprint and identify implementation steps based on the
needs of residents, key city priorities and partnership opportunities.
Development of the plan will be based on a series of briefings with key
stakeholders and a boot camp that brings together key local constituencies.
“The best way to understand the needs of all women is to
engage directly with individuals and community partners throughout Columbus,”
said President Pro Tem Brown. “Basing our strategy on the lived experiences of
the people who are most affected amplifies the impact of our financial
In 2018, CFE Fund competitively selected its inaugural
cohort of CityStart cities, which have since created blueprints that outline
their administration's vision for integrating financial empowerment efforts
within local government infrastructure.
"Cities control a host of policies, programs and
funding streams that can transform the lives of residents with low incomes on a
large scale. Across the nation, more and more city leaders are turning to
innovative financial empowerment strategies to improve the financial stability
of their residents," said Jonathan Mintz, President and Chief Executive
Officer of the Cities for Financial Empowerment Fund.
"We look forward to working with Columbus Mayor Ginther
and Columbus City Council President Pro Tem Brown to empower and educate
residents. We also thank JPMorgan Chase for their long-standing partnership and
investment in municipal financial empowerment," Mintz continued.
JPMorgan Chase's support of CFE Fund is part of the bank's
$125 million, five-year commitment to improving the financial health of people
in the U.S. and across the world, especially those in underserved communities.
"JPMorgan Chase is committed to giving people access to
the tools and resources they need to better manage their financial lives. We
are pleased to support CFE Fund as part of our work to help Columbus residents
improve their financial health," said Corrine Burger, Chief Control
Manager for JPMorgan Chase's Consumer & Community Banking and Asset &
Wealth Management, and Columbus Location Leader.
About the Cities for Financial Empowerment Fund (CFE
The CFE Fund supports municipal efforts to improve the
financial stability of households by leveraging opportunities unique to local
government. By translating cutting edge experience with large scale programs,
research, and policy in cities of all sizes, the CFE Fund assists mayors and
other local leaders in over 80 cities to identify, develop, fund, implement,
and research pilots and programs that help families build assets and make the
most of their financial resources. For more information, please visit www.cfefund.org or follow us on Twitter at