Mount Vernon Launches No-Cost Economical Navigator Method

Press launch from Town of Mt. Vernon Department of Arranging & Group Development:

Dec. 11, 2020

In partnership with the countrywide nonprofit Metropolitan areas for Monetary Empowerment Fund (CFE Fund), Mayor Shawyn Patterson-Howard and Urban League of Westchester have introduced a Economic Navigator system to aid Mount Vernon people navigate vital fiscal challenges relevant to the COVID-19 pandemic.

Navigators will supply more than-the-mobile phone steerage at no expense to enable citizens accessibility offered programs and expert services developed to help them regulate cash flow disruptions and other economical stressors.

Monetary Navigators will be readily available remotely setting up 12/9/2020 to supply steering around the telephone to support inhabitants accessibility accessible courses and services to deal with cash flow disruptions and other economic issues. Fiscal Navigators support residents one-on-one particular to triage personalized money difficulties, discover rapid action ways to deal with charges and maximize profits, and make referrals to other providers this sort of as eviction prevention, private financial loans, smaller business loans, and foodstuff banks. The Metropolis of Mount Vernon will give these Money Navigator products and services in partnership with Urban League.

“The Town of Mount Vernon, NY is very pleased to lover with the Urban League of Westchester and the Metropolitan areas for Financial Empowerment Fund on the Foundations Money Navigator Initiative. The FNI money will enable us to present two monetary navigators to our local community to respond to financial issues furthering our capability to answer to the community’s urgent requires and recuperate from the pandemic much more quickly.”Mentioned Mayor Patterson-Howard.

Fiscal Navigators will be obtainable remotely beginning December 9, 2020, and will aid citizens with one-on-1 classes to assistance discover quick motion steps essential to regulate expenses, maximize income and know other expert services offered to them.

“Urban League of Westchester welcomes the possibility to function with the Town of Mount Vernon and the Cities for Economical Empowerment Fund to carry the Money Navigator plan to Mount Vernon people who are negatively impacted by COVID-19,” said Sorraya Sampson, President and CEO of Urban League of Westchester. Urban League of Westchester is a historic civil legal rights organization committed to economic empowerment in order to elevate the normal of living in historically underserved urban communities.

Residents can entry these remote providers by completing the website variety at https://cmvny.com/economical-navigators-application/or calling 914-222-8615 to indication up. The economic navigator will then ship a quick company agreement and connect with the shopper to get started their personal session. Organizations across Mount Vernon can also refer clients right to a money navigator.

The City of Mount Vernon is launching the Fiscal Navigators application in partnership with the CFE Fund, who presented grant funding together with major specialized aid and schooling to launch the application in Mount Vernon and other metropolitan areas and counties throughout the nation. The Economical Navigators initiative is supported by Bloomberg Philanthropies, the Citi Foundation, JPMorgan Chase & Co., and the Wells Fargo Foundation.

“Money distress is a principal aspect of the COVID-19 crisis, and we’re delighted Mayor Patterson-Howard and her team is making this a precedence for Mount Vernon residents,” claimed Jonathan Mintz, President and CEO of the Metropolitan areas for Economical Empowerment Fund. “The Financial Navigators software will help Mount Vernon residents assess and prioritize their economic fears and get connected with the proper means.”

For a lot more data on the Financial Navigator application and to study extra about Fiscal Empowerment stop by: at https://cmvny.com/economical-navigators-program/

This push launch was created by Town of Mt. Vernon Department of Preparing & Neighborhood Improvement. The views expressed listed here are the author’s possess.