San Francisco residents seeking financial advice will be able to call a hotline hosted by city officials for two days later this month, Mayor Ed Lee announced Tuesday.
The SF Financial Advice Line will be available from 4 p.m. to 8 p.m. on Sept. 27 and 28 by calling 211.
The line will be staffed by certified financial planners and members of the city’s Office of Financial Empowerment’s Financial Education Network, according to the mayor’s office.
The volunteers will also provide referrals to free or low-cost counseling services from a network of nonprofit agencies that speak a variety of languages.
The project was modeled on a similar event hosted by New York City that provided free advice to about 8,700 callers over a four-day period in 2008.
“Everyone knows someone who is unemployed, dealing with foreclosure, or struggling to make ends meet,” Lee said in a statement.
“San Francisco is proud to be a leader to ensure everyone has the chance to be successful financially and build a better future for their families,” he said.
Dan McMenamin, Bay City News