Hands-on educational experiences are exposing low-income students in Minnesota to the concepts and opportunities found in the science, technology, engineering, and mathematics fields. From the January 2015 issue of Community Dividend, a publication of the Minneapolis Fed.
The Community Advisory Council (CAC) was formed by the Federal Reserve Board in 2015 to offer diverse perspectives on the economic circumstances and financial services needs of consumers and communities, with a particular focus on the concerns of low- and moderate-income populations. The CAC will meet semiannually with the Board in Washington, DC, and the Board plans to hold the first meeting of the CAC in the fourth quarter of 2015. The fifteen CAC members will be selected by the Board through a public nomination process.
REGISTER NOW: Economic Mobility: Research & Ideas on Strengthening Families, Communities & the Economy
Registrations are now open for the ninth biennial Federal Reserve System Community Development Research Conference on April 2-3, 2015, in Washington, D.C. This event will feature high-quality, emerging research to advance our understanding about how people and communities get ahead, where impediments exist, how factors such as inequality play a role and what has changed over time. Click here to learn more and to register.
Artists and cultural institutions have an important role to play in neighborhood social and economic vitality. As community developers consider how best to reimagine space they can and should look to the arts to help create place. This work, otherwise known as “creative placemaking,” is beginning to take shape across the country. This issue of the San Francisco Fed’s Community Development Investment Review is dedicated to this emerging work.
With 90 percent of the world’s data generated in just the past two years, What Counts: Harnessing Data for America’s Communities challenges policymakers, funders, and practitioners across sectors to seize this new opportunity to revolutionize our approaches to improve lives in low-income communities. This book from the Federal Reserve Bank of San Francisco and the Urban Institute provides a roadmap for the strategic use of data to reduce poverty, improve health, expand access to quality education, increase employment, and build stronger and more resilient communities. Videos from the launch event on December 4, 2014, are available on the San Francisco Fed's Community Development YouTube channel.
In the Report on the Economic Well-Being of U.S. Households, the Federal Reserve Board provides a snapshot of the self-perceived financial and economic well-being of U.S. households and the issues they face, based on responses to the Board's 2013 Survey of Household Economics and Decisionmaking. The report provides insight into numerous topics of current relevance to household finances, including: housing and living arrangements; credit access and behavior; education and student loan debt; savings; retirement; and health expenses.
Ever wonder about the Federal Reserve’s involvement in the field of community development? Wonder no more. Released in June 2014, Federal Reserve Community Development Perspectives: A summary of activities, insights, and future opportunities answers the "what," "why" and "how" of the Fed's role in community development. The report highlights the Fed’s recent efforts to address barriers to economic growth, and promote fair and informed access to financial markets. Featuring brief summaries of its community development work organized into four focus areas--people, place, the policy and practice of community development, and small business--the report includes background information that helps to provide context for this work, a sampling of key research, outreach programs and other initiatives, as well as some ideas on future challenges, needs and opportunities.