The Office of Financial Empowerment uses its policy, research and advocacy arm to highlight emerging issues that impact financial empowerment, financial inclusion and racial equity. To build and inform awareness around financial empowerment, OFE researches and highlights key issues facing low-income San Franciscans, whether it is banks’ response to COVID-19 and systemic racism or student loan debt.
OFE is committed to our flagship programming – K2C, Bank On, and Smart Money Coaching – but we also know that innovation is born from experimentation. OFE uses its policy, research, and advocacy arm to highlight emerging issues and design and test new programming to support financial empowerment and inclusion, and racial equity. OFE partners with other city departments to create, implement, and evaluate innovative programming to strengthen economic security and mobilityfor San Franciscans. With these projects, OFE seeks to incubate the next generation of financial empowerment programming while sharing learnings with advocates, policymakers, service providers, impacted communities, and other jurisdictions.