Financial Empowerment Centers

The City of Dallas Office of Community Care is seeking proposals from non-profit agencies to provide comprehensive financial counseling, empowerment programs, and operate as a Dallas Financial Empowerment Center hub. The primary goal is to promote long-term household financial stability among very low-to-moderate income residents by offering free, professional, one-on-one financial counseling services. These services should be integrated into existing social service frameworks through partnerships, ensuring residents have access to a broad range of benefits, resources, and services aimed at enhancing economic mobility. The program emphasizes serving residents across all income levels, particularly targeting areas with high poverty rates, significant numbers of renters, and vulnerable populations identified in the “Drivers of Poverty” briefing. The contract, titled "Financial Empowerment Centers," is open to proposals with a budget range between $500,000 and $2,000,000. It is a solicitation issued under NAICS code 624190, indicating a focus on individual and family social services. The response deadline is July 26, 2024, and interested organizations can find more details through the City of Dallas's Bonfire portal. The initiative underscores the importance of reaching underserved communities in Texas, fostering economic resilience, and addressing systemic barriers to financial stability through targeted, accessible counseling and empowerment services.