Trending...
- Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
- This Ain't Press. This Is Pressure — Star Command by RansomXX is Out Now
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
Madison residents seeking help with financial concerns due to the COVID-19 pandemic can contact a new, free hotline to be connected with a "Financial Navigator" – a person they can talk to about their financial concerns.
Financial Navigators are available at no cost to provide guidance, over the phone, to help residents access available programs and services to manage income loss and other financial concerns they may be experiencing. With one-on-one discussions, they will help to address personal financial issues, identify immediate steps to manage expenses and maximize income, and make referrals to other services such as bill paying assistance, government benefits and other programs that may come from future stimulus packages.
"The COVID-19 pandemic has greatly increased the financial strain on many Madison households. I'm grateful that the City of Madison can provide this service to our residents," said Mayor Satya Rhodes-Conway. "I hope it will help connect people get connected to the resources they need. I want to thank our partners and the City staff that are making this possible."
The City of Madison was among the first cohort of municipalities awarded a grant from Cities for Financial Empowerment (CFE) Fund's Financial Navigators program in May of 2020. To-date, 31 municipalities across the country are participating in the program.
"Financial distress is a primary part of the COVID-19 crisis, and we're pleased Mayor Rhodes-Conway and her team is making this a priority for Madison residents," said Jonathan Mintz, President and CEO of the Cities for Financial Empowerment Fund. "The Financial Navigators program will help Madison residents assess and prioritize their financial concerns and get connected with the right resources."
More on Wisconsin Eagle
The $80,000 one-year grant provides operating support, training, technical assistance, and access to data infrastructure to administer the program and access up-to-date pandemic-related policy information and resources. The City has committed to operate the hotline for one year with the possibility of continuing services if the need remains. The CFE Fund's Financial Navigators initiative is supported by Bloomberg Philanthropies, the Citi Foundation, JPMorgan Chase & Co., and the Wells Fargo Foundation.
"Sound financial health is a critical component of addressing the impact of the COVID-19 crisis on low-income and diverse communities in the U.S," said Sarah Bainton Kahn, VP of Global Philanthropy, JPMorgan Chase & Co. "We are pleased to collaborate with the CFE Fund to help people in Madison to access the tools and services they need to build resiliency and advance their financial health."
The Financial Resources Hotline is being led by the Community Development Division in partnership with Madison Public Library. With libraries being closed to most in-person services during the pandemic, several librarians have been redeployed to the Financial Resources Hotline and have received training as Financial Navigators, continuing their work of providing information and referral services to the public. Community Development staff are also staffing the hotline, developing content and managing its operations.
How to Access the Hotline:
To access the Hotline, residents can visit: www.cityofmadison.com/financialhotline and fill out a short interest form, or they can call (608) 315-5151 Mondays through Fridays from 11 am - 7 pm or Saturdays, 12 pm - 5 pm to sign up. They will be contacted within 48 hours, Mondays through Fridays, by a Financial Navigator to begin their personal session. Call back hours are Mondays through Fridays 9 am – 6 pm. Hotline sessions will last about 30 minutes and address residents' most pressing needs. Residents are invited to sign up for as many sessions as they like, but there is no guarantee they will be matched with the same Financial Navigator.
More on Wisconsin Eagle
Organizations across Madison can also refer clients directly to a Financial Navigator by sharing the link or helping them fill out the interest form. Financial navigation sessions are available directly in English, Hmong, and Spanish, with ASL and other languages available through the City's interpretation services.
About the Cities for Financial Empowerment Fund (CFE Fund)
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 to identify, develop, fund, implement, and research pilots and programs that help families build assets and make the most of their financial resources. The CFE Fund is currently working in almost 101 cities and has disbursed over $43 million to city governments and their partners to support these efforts. For more information, please visit www.cfefund.org or follow CFE Fund on Twitter at @CFEFund.
Residents who have further questions about the hotline should call (608) 315-5151 or visit www.cityofmadison.com/financialhotline
Contacts
Financial Navigators are available at no cost to provide guidance, over the phone, to help residents access available programs and services to manage income loss and other financial concerns they may be experiencing. With one-on-one discussions, they will help to address personal financial issues, identify immediate steps to manage expenses and maximize income, and make referrals to other services such as bill paying assistance, government benefits and other programs that may come from future stimulus packages.
"The COVID-19 pandemic has greatly increased the financial strain on many Madison households. I'm grateful that the City of Madison can provide this service to our residents," said Mayor Satya Rhodes-Conway. "I hope it will help connect people get connected to the resources they need. I want to thank our partners and the City staff that are making this possible."
The City of Madison was among the first cohort of municipalities awarded a grant from Cities for Financial Empowerment (CFE) Fund's Financial Navigators program in May of 2020. To-date, 31 municipalities across the country are participating in the program.
"Financial distress is a primary part of the COVID-19 crisis, and we're pleased Mayor Rhodes-Conway and her team is making this a priority for Madison residents," said Jonathan Mintz, President and CEO of the Cities for Financial Empowerment Fund. "The Financial Navigators program will help Madison residents assess and prioritize their financial concerns and get connected with the right resources."
More on Wisconsin Eagle
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
- Lore Link is Here to Help Organize Your Game
- Chappaqua's Annual Townwide Summer Sale – Unbeatable Savings at Your Favorite Local Boutiques!
- Skyline Partners with ZenSpace to Offer Private Meeting Pods for Trade Show Exhibitors
- AI Innovation Dual-Strategy Business Model Focused on Real Estate Development for Strategic Expansion: OFA Group, (N A S D A Q: OFAL)
The $80,000 one-year grant provides operating support, training, technical assistance, and access to data infrastructure to administer the program and access up-to-date pandemic-related policy information and resources. The City has committed to operate the hotline for one year with the possibility of continuing services if the need remains. The CFE Fund's Financial Navigators initiative is supported by Bloomberg Philanthropies, the Citi Foundation, JPMorgan Chase & Co., and the Wells Fargo Foundation.
"Sound financial health is a critical component of addressing the impact of the COVID-19 crisis on low-income and diverse communities in the U.S," said Sarah Bainton Kahn, VP of Global Philanthropy, JPMorgan Chase & Co. "We are pleased to collaborate with the CFE Fund to help people in Madison to access the tools and services they need to build resiliency and advance their financial health."
The Financial Resources Hotline is being led by the Community Development Division in partnership with Madison Public Library. With libraries being closed to most in-person services during the pandemic, several librarians have been redeployed to the Financial Resources Hotline and have received training as Financial Navigators, continuing their work of providing information and referral services to the public. Community Development staff are also staffing the hotline, developing content and managing its operations.
How to Access the Hotline:
To access the Hotline, residents can visit: www.cityofmadison.com/financialhotline and fill out a short interest form, or they can call (608) 315-5151 Mondays through Fridays from 11 am - 7 pm or Saturdays, 12 pm - 5 pm to sign up. They will be contacted within 48 hours, Mondays through Fridays, by a Financial Navigator to begin their personal session. Call back hours are Mondays through Fridays 9 am – 6 pm. Hotline sessions will last about 30 minutes and address residents' most pressing needs. Residents are invited to sign up for as many sessions as they like, but there is no guarantee they will be matched with the same Financial Navigator.
More on Wisconsin Eagle
- Construcción del Corredor Norte–Sur (NSC) de Singapur
- When The Call Hits Home Podcast Sheds Light on Law Enforcement Wellness Culture
- New Report: Slip and Fall Accidents Rank as the Leading Cause of Construction Site Fatalities
- Get Your Cowboy Boots On! Causeway Country BBQ Music Festival Kicks Off September 12–14 in Ft. Pierce
- Retired Hobbyist Launches Bold Weekly Album Project Using AI Songwriting Tools
Organizations across Madison can also refer clients directly to a Financial Navigator by sharing the link or helping them fill out the interest form. Financial navigation sessions are available directly in English, Hmong, and Spanish, with ASL and other languages available through the City's interpretation services.
About the Cities for Financial Empowerment Fund (CFE Fund)
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 to identify, develop, fund, implement, and research pilots and programs that help families build assets and make the most of their financial resources. The CFE Fund is currently working in almost 101 cities and has disbursed over $43 million to city governments and their partners to support these efforts. For more information, please visit www.cfefund.org or follow CFE Fund on Twitter at @CFEFund.
Residents who have further questions about the hotline should call (608) 315-5151 or visit www.cityofmadison.com/financialhotline
Contacts
- Community Development Division, 608-266-6520, cdd@cityofmadison.com
0 Comments
Latest on Wisconsin Eagle
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- Colbert Packaging Receives Safe Quality Food (SQF) Certification
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
- Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
- Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
- Winners Announced for Asia Pacific Business Awards 2024-2025
- Hamvay-Lang and Lampone.hu Join Forces with AIMarketingugynokseg.hu to Elevate Hungarian Lifestyle Brands on the Global Stage
- Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
- 2 Funny Native Comedy Night Comes To St Croix Casino Hertel
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"