TRENTON, NJ – The New Jersey Department of Community Affairs (DCA) announced that it recently awarded $1.8 million in funding to 10 nonprofit organizations through the Financial Empowerment Pilot Program. DCA is managing the three-year Financial Empowerment Pilot Program, which is designed to create financial empowerment programs pursuant to Assembly Bill A3062, known as P.L. 2021, c. 321, which was signed by Governor Murphy on December 21, 2021.
“I was thrilled to sign the Financial Empowerment Pilot Program into law and excited that DCA has now identified these 10 nonprofit organizations to provide financial knowledge and skills to some of our most vulnerable communities,” said Governor Murphy. “Financial literacy is key to managing one’s money. Learning how to save, invest, build credit, and so on will not only empower individuals and families to understand how to reach their financial goals, but will allow them to continue to share the knowledge they gained for generations to come." CLICK HERE TO READ MORE
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