Join us Feb. 18 for a Connecting Communities® webinar discussing the practical “nuts and bolts” of accessing the CDFI Bond Guarantee Program, an innovative federal initiative that offers creditworthy certified CDFIs access to affordable long-term capital. Learn how this unique program incentivizes and empowers CDFIs to execute large-scale projects. Speakers include Lisa Jones, CDFI Fund, U.S. Department of the Treasury; Douglas Bystry, Clearinghouse CDFI; and Jennifer Novak, Community Reinvestment Fund.
The Kansas City Fed will host a series of webinars featuring authors from the book, Transforming U.S. Workforce Development Policies for the 21st Century. The first webinar on February 23, 2016, will address two chapters from the book: “Creating and Communicating Critical Information about Workforce Credentials,” and “Connecting Workers to Credentials: The Promise and Pitfalls of Awarding Academic Credit for Prior Learning.”
Economic opportunity does not happen in a vacuum: it takes a coordinated approach to housing, education, public safety, healthcare, transportation, and jobs. At the 2016 National Interagency Community Reinvestment Conference, to be held in Los Angeles Feb. 7-10, find out how these pathways to opportunity can create vibrant neighborhoods for all Americans. Join a diverse group of public, nonprofit, and private sector leaders at the premier conference for community development. Highlights include Community Reinvestment Act examination training with regulator insights; emerging ideas and best practices in community development; tours of Los Angeles that explore the opportunities and challenges of a fast-changing and revitalizing city; and opportunities to discuss the transformation of Los Angeles’ downtown into a major career and entertainment destination.
The American economy is only as strong as the American household. In communities across the country, families are struggling to thrive. Learn what we can collectively do to tackle poverty and put more families on the path to financial well-being. A new book published by the San Francisco Fed in partnership with CFED, What It’s Worth: Strengthening the Financial Future of Families, Communities and the Nation, provides a 360-degree view of the financial problems and challenges millions of American households face. The book highlights the enormous creativity and innovation underway to improve financial well-being and provides concrete ways that nearly all sectors of society can implement proven and evolving solutions.
CRA OneSource is your source for Community Reinvestment Act tools, templates, guides, webinars and other resources to assist you in preparing for an exam and growing your community development program.
This short, seven-minute video highlights the purpose, application and importance of the Community Reinvestment Act (CRA), a law that helps bring billions of dollars in bank capital to low- and moderate-income communities every year. Understanding how this law works is essential for banks looking to make impactful loans and investments, non-profits seeking funding, and communities wanting to ensure their financial institutions are operating in fair and responsive ways. Learn how the CRA works and what it means for communities across the country.
The U.S. Treasury recently introduced myRA to address common barriers to retirement savings and offer a new option to save for retirement. The St. Louis Fed hosted an Exploring Innovation webinar (and related podcast) on the initiative, which provides a comprehensive overview of the program.
Speakers include Andrea Ambriz, Director of Policy and Strategic Engagement, myRA Program, U.S. Department of the Treasury; and Matuschka Lindo Briggs, Relationship Manager, myRA Employer Engagement and Outreach, Treasury Relations and Support Office, Federal Reserve Bank of St. Louis.
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.