LIFT-UP: Innovative City Strategy Reduces Utility Debt and Financial Insecurity for Residents
Type
Policy Brief or Report
Year
-
Level
City or Town
State(s)
Florida, Georgia, Kentucky, New Jersey, Texas
Policy Areas
Economic Justice, Finance & Procurement
This report outlines the impact of the Local Interventions for Financial Empowerment Through Utility Payments initiative (LIFT-UP) which helped cities connect citizens to financial services while recouping revenue from unpaid utility bills. It found that residents who participated in the program had lower outstanding balances, made more frequent utility payments, and incurred fewer avoidable fees.