[CPN] Mayor Hancock to Open Seven Free Financial Counseling Centers for Low Income Residents

 

		MEDIA ADVISORY                For Immediate Release     Friday, March 15, 2013
	City and County of Denver Mayor Michael B. Hancock Rachel Chaparro, DOSP Communications Liaison Rachel.Chaparro@DenverGov.org Cori Streetman, Barefoot PR cori@barefootpublicrelations.com       Mayor Hancock to Open Seven Free Financial Counseling Centers for  Low Income Residents   DENVER – Mayor Michael B. Hancock, the city's Office of Strategic Partnerships and local nonprofit mpowered will open the first of seven Denver Financial Empowerment Centers which will provide over 2,000 financial counseling sessions to Denver residents a year.   In January, Denver's Office of Strategic Partnerships (DOSP) was awarded a $1.9 million grant from the Cities for Financial Empowerment (CFE) Fund to open seven Centers.   Approximately 21% of Denver's residents live below the federal poverty level. Financial counseling and financial literacy efforts, especially when delivered with additional stabilization services, are strong tools to move individuals and families out of poverty and towards self-sufficiency.    Who:             Mayor Michael B. Hancock                       Jay Salas, Financial Empowerment Centers Program Manager, DOSP                       Chad Gentry, Executive Director of mpowered   What:            Financial Empowerment Centers Launch Press Conference   Where:          Denver Human Services, 1200 Federal Blvd., Denver Castro Building, 1st Floor                       stairwell   When:           Monday, March 18th at 11 a.m.     # # #