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About the Office of Financial Empowerment

Financial stability is a cornerstone of thriving communities, and the City of Albuquerque’s Office of Financial Empowerment (OFE) is dedicated to making this a reality for all residents. By recognizing the unique challenges faced by individuals and families in managing their finances, OFE serves as a trusted resource and partner in fostering economic resilience. Through education, advocacy, and access to essential services, the OFE empowers individuals and families to achieve financial independence, break down barriers, and build sustainable futures.

Our Story

The City of Albuquerque’s Office of Financial Empowerment (OFE) is a critical component that serves as a valuable resource to our community, providing residents with the tools, resources, and education they need to make informed financial decisions and achieve long-term economic success. Mayor Keller established the Office of Financial Empowerment (OFE) in 2024, underneath the Office of Equity & Inclusion as a means of ensuring that the City of Albuquerque is a safe, innovative, and inclusive community. OFE serves as a valuable resource to our community, providing residents with the tools, resources, and education needed to make informed financial decisions and achieve long-term economic success. The City of Albuquerque is currently a partner with the Cities for Financial Empowerment Fund for it's Consumer Financial Protection Initiative and our Bank on Burque coalition. These programs in concert with OFE, can strengthen efforts of this administration and local government to support financial empowerment, consumer protection, and access to vital financial assistance and services. Financial inclusion means ensuring access in ways that count. The OFE bridges the gap between knowledge-based partnerships and education along with the necessary access for financial stability and families’ opportunity to thrive. OFE strives to identify and implement programs and strategies that connect Albuquerque individuals and families with access and resources to improve their economic well-being, wealth building opportunities, and financial viability.

Learn more about the City of Albuquerque's partnership with Cities for Financial Empowerment.

Vision & Mission

The Office of Financial Empowerment exists to create an inclusive and resilient Albuquerque where financial stability us a cornerstone of community well-being and long-term financial security. The Office of Financial Empowerment's mission is to promote informed decision making, wealth building, and integration of financial empowerment strategies into city services to help eliminate systemic barriers and aid in closing the racial wealth gap.

 

Our Staff

Rada Moss

Office of Financial Empowerment Manager
505.768.4648

[email protected]

Vanessa Arballo

Bank on Burque Program Manager
505.768.4648

[email protected]

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