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Star Tribune: St. Paul Mayor Melvin Carter proposes new city office to serve low-income residents
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  3. Star Tribune: St. Paul Mayor Melvin Carter proposes new city office to serve low-income residents

“More than 1 in 5 St. Paul households have no net worth. One in 3 do not have enough money to live for three months if they lose their income. Nearly 1 in 10 do not have a bank account.

Mayor Melvin Carter wants the city to step in and start helping low-income residents build wealth. As part of his 2019 budget, the mayor is asking the City Council to allocate $333,000 to create a city Office of Financial Empowerment.”

Read more.

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