More than 100 young people in Louisiana will receive $3,500 next year under a financial literacy program from the City of New Orleans.
City officials said Thursday that 125 residents between the ages of 16 and 24 will receive 10 payments of $350 starting next spring. The money will be loaded onto an ATM card provided by Black-owned online bank Mobility Capital Finance. New Orleans Mayor LaToya Cantrell said during a press conference Thursday the cards will go to residents who are unemployed or not attending school.
The goal, city officials said, is to address the “unbanked” problem plaguing the Big […]
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