Louisville chosen for Accelerator for America’s National Financial Assistance Initiative
Louisville is one of 10 cities chosen for an Accelerator for America program that will provide technical assistance and $50,000 to support financial assistance for residents whose livelihoods have been hard-hit by the COVID-19 pandemic.
Accelerator for America, with resources and expertise from Mastercard, will work alongside Louisville Metro Government’s Office for Resilience and Community Services (RCS) on direct service delivery to residents. The national Accelerator for America initiative is supported by a $750,000 grant from the Open Society Foundations.
This effort will complement the work being facilitated through the One Louisville Fund, which has supported over 150 local non-profits and more than 2,200 households seeking household assistance, also through RCS. The One Louisville Fund has received close to $11 million donations from the community. This program will provide additional support to individual households in need.
“One of the many inspiring actions we’ve witnessed during the pandemic is the support and compassion for neighbors in need,” Mayor Greg Fischer said. “This grant from Accelerator for America will provide an additional boost to get much needed support into the hands of residents seeking rental, utility or food assistance.”
In addition to Louisville, participating communities are: Salt Lake City, Utah; the State of Connecticut; the State of Rhode Island; Chattanooga, Tennessee; Dayton, Ohio; Oklahoma City, Oklahoma; Birmingham, Alabama; Atlanta, Georgia; and Austin, Texas. To donate funds to help residents of these cities, visit Acceleratorforamerica.org, powered by the Mastercard Donation Platform, or Text Legend to 27126.
Open Society's funding is part of its $130 million global initiative to combat the effects of COVID-19 in vulnerable communities around the world.
“We are helping America’s cities fill critical gaps left by the federal response to the economic devastation caused by the pandemic,” said Mayor Eric Garcetti, who co-founded Accelerator for America. “Immigrants and domestic workers are essential to our economy and our communities, and we will not get through this pandemic by leaving people behind. I thank the Open Society Foundations for its support of Accelerator for America’s work to help cities directly assist their residents in need.”
“Accelerator for America exists to create and share solutions with America’s cities, and we are proud to help as they step up in an unprecedented way to respond to the COVID-19 crisis,” said Rick Jacobs, co-founder and CEO of Accelerator for America. “We are extremely grateful to the Open Society Foundations, whose willingness to partner with us will improve lives across America.”
“We are thrilled to expand the reach of our financial assistance program to get more people the help they need,” said Miguel Gamiño, Executive Vice President of Enterprise Partnerships and Head of Global Cities at Mastercard. “This builds on Mastercard’s work to mobilize our talent, insights, and technology to create solutions that serve communities that are often overlooked by traditional systems, including the unbanked and people of color.”