REMARKS
DCWP's role in financial empowerment and intergenerational wealth
0:52:57
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51 sec
Carlos Ortiz from DCWP discusses the department's role in financial empowerment and creating intergenerational wealth.
- DCWP's Office of Financial Empowerment focuses on improving overall financial health
- Emphasis on providing a one-stop shop for homeowners and family members to identify and triage problems
- DCWP offers policy-level insights on creating and securing intergenerational wealth
Carlos Ortiz
0:52:57
If I could add a piece to this as well.
0:52:59
I know, in my own experience doing constituent services, a lot of times, problems don't necessarily come to our offices very clean and they can at times be, you know, from the constituent's perspective has, a lack of clarity what exactly is happening.
0:53:12
So having a one stop shop for homeowners and for, I think your point was about taking their family members as well to identify problems and and, really triage situations, I think is very helpful.
0:53:22
And then our our own perspective from the Office of Financial Empowerment at the Department of Consumer and Worker Protection, from a policy level, we certainly have a lot of, of thoughts and feedback to provide on on creating and securing intergenerational wealth, that would create stronger communities or create stronger financial health in our communities.
0:53:38
So we're looking forward to working on that closely with our partners at HPD.
0:53:42
Estate planning is huge.
0:53:43
I I know the funding was for a year.
0:53:45
We're looking forward to
UNKNOWN
0:53:46
that as well.
UNKNOWN
0:53:47
Yeah.
Julie Menin
0:53:48
Yeah.
