DCA released a report on the first year of the Ventanilla de Asesoria Financiera (Financial Empowerment Window), outlining the program's origin, design, implementation, successes, challenges, and lessons learned.
DCA conducted its first-ever study of the gender pricing of goods in New York City across multiple industries. The industries studied for this report include: toys and accessories, children's clothing, adult clothing, personal care products, and home health care products for seniors. This study reflects an average consumer lifecycle, from baby to senior products, providing a glimpse into the experiences of consumers of all ages.
The DCA Office of Financial Empowerment commissioned RTI International to conduct this study to analyze the needs, barriers, and opportunities to increase financial inclusion through mobile financial services use. Findings show that New York City is a unique marketplace for mobile banking and money management innovation.
This report details the work of DCA's Capacity Building Initiative, which funded five nonprofit organizations to provide financial counseling to their clients who included formerly incarcerated adults, foster care youth, young adult interns, young fathers, and workforce development clients. Initial findings indicate that individuals in workforce development programs who received financial counseling achieved better outcomes than comparison group clients who did not receive financial counseling.
Covering the years 2010 through 2013, this progress report details DCA's work--both locally and nationally through replication efforts--developing, implementing, testing, and integrating programs and products in four critical areas: Financial counseling and education; Access to banking; Asset building; Consumer protection.
This report, the fifth and final report in the Supervitamin series, describes DCA's efforts to integrate asset building strategies, in particular short-term savings opportunities, in public programs to help households take a crucial step toward their long-term savings goals.