Progress on Financial Empowerment in Colorado
The Office of Financial Empowerment (OFE) is making valuable progress in building the statewide infrastructure necessary to ensure the financial well-being of Colorado families and communities.
The Office of Financial Empowerment (OFE) is making valuable progress in building the statewide infrastructure necessary to ensure the financial well-being of Colorado families and communities.
Add-on costs and fees are a growing concern for Coloradans and they're beginning to appear in more and more places. These additional charges quickly add up and exacerbate financial challenges for consumers.
The first of its kind, this new report provides deep data analysis and research to identify gaps and also provides a long-term benchmark to measure future progress.
Colorado’s current lending protections are meaningful, valuable, and time tested. Weakening them at the behest of the predatory lending industry will cause irreparable harm across our state.
Learn more about what an office of financial empowerment would look like and do in Colorado by reading our latest brief.
Through new analysis, we hope to use further data to examine how Colorado can develop a fair tax code that provides adequate funding for public investment as well as ensures tax codes are designed in an equitable manner.
By September, nearly 420,000 Coloradans will be at risk of evictions, having accumulated nearly $765 million in rental debt. Unless action is taken, Colorado could experience an eviction and rental crisis larger than the Great Recession.
This in-depth blog outlines the economic conditions that are forcing false choices and deep cuts that will lead to lost opportunities for Coloradans, exacerbate and increase inequities, and lead to future costs far greater than those of prevention.
The Bell's Recovery Hub is a central location for credible information, ideas, analysis, and resources relevant to the immediate and future responses Colorado can undertake to respond to our changing environment.
While Secure Savings alone will not close Colorado’s racial wealth gap, it will go a long way toward building assets and security for all Coloradans — particularly Coloradans of color — in retirement.