OFE aims to educate, empower, and protect low-income New Yorkers, so they can build assets and make the most of their financial resources.

Program Description
The Office of Financial Empowerment (OFE) is the first municipal office nation, designed to educate, empower, and protect city residents with low incomes and help them make the best use of their financial resources

OFE helps New Yorkers manage their finances, link them to financial education classes and counselors, as well as provides them with information on how to get out of debt, open a bank account, and spot a scam through the Financial Education Network.

OFE also helps New Yorkers get and save financial resources through programs like the Earned Income Tax Credit through the City’s Tax Credit Campaign.

New York City leads the Cities for Financial Empowerment (CFE) coalition, in partnership with Co-Chair San Francisco.  CFE brings together pioneering municipal governments from across the country that have begun to use their power and positions to advance innovative financial empowerment initiatives.

Eligibility: OFE serves the working poor and low-income young adults citywide.

Agency Partner: Department of Consumer Affairs

Evaluation & Research

• Program Description  (in PDF)

Interested in participating in an OFE program? ­­­
Information regarding OFE programs available throughout New York City can be found at http://www.nyc.gov/ofe