Ideas

Aftab Pureval
Mayor | Cincinnati, OH

Cincinnati Mayor Aftab Pureval’s Financial Freedom Blueprint Supports Generational Wealth

Idea Category: Education, Equity & Opportunity

Ohio: Cincinnati Mayor Aftab Pureval revealed a “Financial Freedom Blueprint” which includes a partnership with RIP Medical Debt to alleviate debt, which could benefit up to 30,000 residents, and a savings account with an initial deposit of $50 for every child enrolled in Preschool Promise. The blueprint is one step towards addressing the racial wealth gap in Cincinnati and fixing the systemic issues that Black citizens have faced for generations. "A core focus of ours, both the mayor, council and this administration, has been on addressing this fundamental challenge. Growing economic opportunity with racial equity in the center of the frame, and importantly, centered around ownership," added Pureval. The Blueprint was funded by a $75,000 grant from the Cities for Financial Empowerment Fund, supported by Bloomberg Philanthropies' Greenwood Initiative.

More Idea’s From Aftab Pureval

Mayor Aftab Pureval: New Cincinnati Budget Prioritizes Housing, Fiscal Responsibility

Idea Category: Smart Government | Funding Source: ARP

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