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4 results for “community wealth” · other

  • Current Progress - 2025

    Tulsa, OK
    Other

    The City of Tulsa's Office of Financial Empowerment and Community Wealth (OFE), officially launched in January 2023 under the Department of Resilience and Equity, provides programs and resources to improve financial stability and reduce economic disparities. The OFE was formally added to the City's General Fund Budget for Fiscal Year 2026, including two positions: Director and Financial Empowerment Program Assistant, with $330,000 in American Rescue Plan Act (ARPA) funding secured for Financial Empowerment Center operations and $95,000 from private local foundations. For fiscal years 2026–2027, the office will receive an additional $150,000 in funding. The Tulsa Financial Empowerment Center, whose planning began in February 2020, operates as part of the city's broader resilience strategy and has leveraged Community Development Block Grant, ARPA, and private foundation grants to support its operations.

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  • Equity and Empowerment Commission Reparations Recommendations - Wealth and Opportunity Gaps

Evanston, IL
Other

The Equity and Empowerment Commission submitted reparations recommendations to the Evanston City Council on September 9, 2019, responding to a June 2019 request from Alderman Rue Simmons to address historical wealth and opportunity gaps affecting African American residents. The Commission held community meetings on July 11 and July 13, 2019, where attendees identified five priority categories (History/Culture, Finance, Education, Institutions/Systems, and Power Structure) and generated specific policy recommendations. Proposed actions include housing initiatives such as property tax relief for long-time African American property owners, down payment assistance for income-qualified home purchasers, and housing repair assistance, plus economic development measures including repurposing the Gibbs-Morrison Center for African American entrepreneur co-working space. The Commission recommended that the City Council receive the report and direct the City Manager to conduct additional research and data collection to determine feasibility, noting that implementation decisions were beyond the scope of the commission's current work.

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  • Bank On Tulsa Flyer

    Tulsa, OK
    Other

    Bank On Tulsa, coordinated by Tulsa's Office of Financial Empowerment and Community Wealth (OFE), helps residents connect to safe and affordable bank accounts, with 13 certified accounts meeting Bank On national standards from institutions including Ally Bank, Arvest, BancFirst, Bank of America, Chase, Discover Bank, and others. The program provides financial literacy workshops throughout the year; organizations can request to host workshops by contacting resilient@cityoftulsa.org. Additional information is available at cityoftulsa.org/ofe.

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    financial literacybanking servicescommunity wealthfinancial empowerment
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  • Equity and Empowerment Commission - Recommendations on Actions to Address Wealth and Opportunity Gaps

    Evanston, IL
    Other

    The Equity & Empowerment Commission submitted recommendations to the Evanston City Council on September 9, 2019, requesting authorization for a feasibility study on reparations addressing wealth and opportunity gaps for African-American residents. The recommendations span three areas: housing (property tax relief, repair assistance, down payment assistance, and rental assistance for African-American property owners and renters); economic development (repurposing the Gibbs-Morrison Center for African-American entrepreneurs, workforce training, and low-interest business loans); and livability benefits (community engagement and equitable access to assets). The Commission developed these recommendations following community meetings held July 11th and 13th, 2019, where attendees identified five priority categories (History/Culture, Finance, Education, Institutions/Systems, and Power/Structure) and provided input on addressing Evanston's historical institutional racism and discrimination.

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