Legislation Details

File #: 26-1864A    Version: 1 Name:
Type: CONSENT AGENDA Status: Agenda Ready
File created: 5/20/2026 In control: Office of Housing and Community Empowerment
On agenda: 6/24/2026 Final action:
Title: Authorize the (1) acceptance of a grant from TenYour Inc. for the TenYour Financial Empowerment program in the amount of $20,000.00 to support financial empowerment community engagement through the administration of a financial stability survey for the period April 22, 2026 through March 31, 2027; (2) receipt and deposit of funds in an amount not to exceed $20,000.00 in the TenYour Financial Empowerment Grant Fund; (3) establishment of appropriations in an amount not to exceed $20,000.00 in the TenYour Financial Empowerment Grant Fund; and (4) execution of the grant agreement with TenYour Inc. and all terms, conditions, and documents required by the agreement - Not to exceed $20,000.00 - Financing: TenYour Financial Empowerment Grant Fund *In alignment with Drivers of Opportunity nexus.
Indexes: Citywide
Attachments: 1. Resolution
Date Ver.Action ByActionResultAction DetailsMeeting Details
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PILLAR:                     Vibrant

AGENDA DATE:                     June 24, 2026

COUNCIL DISTRICT(S):                     Citywide

DEPARTMENT:                     Office of Housing and Community Empowerment

PRIORITY:                     Innovation

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SUBJECT

 

Title

Authorize the (1) acceptance of a grant from TenYour Inc. for the TenYour Financial Empowerment program in the amount of $20,000.00 to support financial empowerment community engagement through the administration of a financial stability survey for the period April 22, 2026 through March 31, 2027; (2) receipt and deposit of funds in an amount not to exceed $20,000.00 in the TenYour Financial Empowerment Grant Fund; (3) establishment of appropriations in an amount not to exceed $20,000.00 in the TenYour Financial Empowerment Grant Fund; and (4) execution of the grant agreement with TenYour Inc. and all terms, conditions, and documents required by the agreement - Not to exceed $20,000.00 - Financing: TenYour Financial Empowerment Grant Fund

 

*In alignment with Drivers of Opportunity nexus.

 

Body

BACKGROUND

 

On December 10, 2025, the City Council adopted the policy framework for the Drivers of Opportunity. This policy framework expands and reframes the work initiated in 2018 through the Mayor’s Task Force on Poverty, which identified nine Drivers of Poverty through the Economic Opportunity Assessment to help create sustainable long-term City programs designed to address poverty. Specifically, this work resides under the “Gainful Employment” Driver of Opportunity under the domain “Financial Security” by Resolution No. 25-1836.

 

TenYour Inc. is a financial technology company focused on strengthening financial resilience for low- and moderate-income households. The City of Dallas has been invited to participate as one of six cities in a pilot initiative designed to collect resident-level data to inform financial empowerment emergency preparedness and programmatic strategies. Participation in this pilot aligns with the City’s ongoing efforts to strengthen resident financial stability, improve service delivery, community engagement, and advance data-informed program design.

 

 

 

PROJECT OBJECTIVE

 

The primary objective of this pilot program is to distribute and analyze a short financial stability survey among participants in Dallas’ Financial Empowerment programs. The survey focuses on financial resilience indicators.

 

Core areas of inquiry include:

 

                     Employment stability and history of job disruption

                     Duration and financial impact of past unemployment

                     Emergency savings levels and savings behavior

                     Use of high-cost financial tools during income gaps

                     Perceived preparedness for future job loss

 

The survey is intended to capture localized data on income disruption due to employment volatility, assess household emergency savings and inform Dallas’ financial empowerment policy, and support interventions.

 

This collaboration is a data-informed initiative. The survey provides Dallas with actionable insights into the lived financial realities of working residents navigating job instability, while laying the groundwork for evidence-based policy, programming, and future partnerships.

 

The time period for which this survey would be conducted would be upon council authorization date through March 31, 2027.

 

PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)

 

The Quality of Life, Arts, and Culture Committee was briefed by memorandum regarding this matter on June 15, 2026. <https://dallascityhall.com/government/citymanager/Documents/Council%20Materials/Item%20H.%20TenYour%20Memorandum.pdf>

 

FISCAL INFORMATION

 

Fund

FY 2026

FY 2027

Future Years

TenYour Financial Empowerment Grant Fund

$20,000.00

$0.00

$0.00