Mission
The Office of Financial Empowerment advances economic democracy that shares economic prosperity with all Saint Paul residents.
Results Framework
The Office of Financial Empowerment seeks to achieve these results:
- Result 1: Saint Paul residents achieve financial health.
- Result 2: Saint Paul neighborhoods achieve community wealth.
- Result 3: Saint Paul residents live in stable, accessible, fair, and equitable housing.
- Result 4: Families with children in Saint Paul have a city that cares about their future.
- Result 5: Saint Paul residents are engaged in public decision making.
CollegeBound Saint Paul
CollegeBound Saint Paul provides every baby living in the city of Saint Paul starting on January 1, 2020 a college savings account opened with $50. Contact: collegebound@ci.stpaul.mn.us or 651-266-8829.
People’s Prosperity Guaranteed Income Pilot
The People’s Prosperity Pilot launched in fall 2020 and provides 150 randomly selected CollegeBound Saint Paul families with a $500 unrestricted monthly cash transfers for 18 months, and the CollegeBound child will receive an additional $10 per month in their college savings account. This initiative is part of a larger national network called Mayors for a Guaranteed Income. Contact: Prosperity@ci.stpaul.mn.us or 651-266-8680.
Fair Housing
Fair Housing goals include increasing housing access; decreasing housing displacement; and affirmatively furthering fair housing.
OFE oversees the implementation of the tenant protections ordinance, Stable, Accessible, Fair, & Equitable (S.A.F.E.) Housing Saint Paul. Visit stpaul.gov/SAFE for more details. Contact: safehousing@ci.stpaul.mn.us or 651-266-6305.
Returning Home Saint Paul: A Beyond Backgrounds Program
Returning Home Saint Paul increases housing access for residents returning to Saint Paul from incarceration. This is a partnership with Housing Link and Ujamaa Place. The program launched in November 2020.
