Economic mobility is especially challenging for those who live in low- and moderate-income households. What’s more, the financial outcomes of individuals and families affect the financial health of our nation as a whole. What innovative approaches are being undertaken to address financial capability? What key policies and programs are helping individuals build wealth? And what promising workforce development strategies are helping our country prepare for the jobs of tomorrow? The Fed has resources on a range of people-based strategies.
Place matters. We know this from research as well as from experience. The Fed works with an array of partners—from nonprofits, bankers and academics to practitioners and policymakers—to help strengthen and revitalize communities through housing and other place-based strategies. What are some promising cross-sector approaches to address foreclosure mitigation activities? And how can evidence-based models inform innovative solutions to neighborhood redevelopment, particularly for underserved communities? The Fed has resources on a range of place-based strategies.
Thriving communities rarely develop by accident. The Fed supports community and economic development in a variety of ways, including providing technical assistance, convening events and conducting applied research, all aimed at developing the scale, sustainability and impact of the broader community development field. How are emerging research and data analysis being utilized to improve the design and implementation of community development programs and the sourcing of new partners and capital? What are the key ingredients of successful cross-sector collaboration? And how can Community Reinvestment Act (CRA)-eligible activities be further leveraged for greater impact? The Fed has resources on a range of strategies that support the policy and practice of community development.
Small businesses form the backbone of our nation’s economy and are at the heart of thriving communities. The Fed helps low- and moderate-income individuals and communities launch, grow and sustain small businesses, from microenterprises to small but growing organizations that have the capacity to create jobs for local residents. What are the emerging trends for increasing the capacity of small-business intermediaries? How can we ensure that small businesses and entrepreneurs have access to the credit and capital they need in a safe and sound way? And what are some of the key programs and policies that support minority- and women-owned small businesses?
Welcome to FedCommunities.org, your gateway to community development resources from all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.
Why is the Fed engaged in community development? Because stable communities promote stable regions and a more robust economy overall. Through applied research, public programs, outreach and technical assistance, the Fed’s community development departments help promote economic growth and financial stability in communities across the country, especially those in low- and moderate-income areas. Regional Reserve Banks, while connected in this shared mission, are uniquely poised to develop programs that respond to the local needs of their districts.
Regardless of your geographic location, experience or sector, FedCommunities.org provides an array of practical resources to help you in your role as a community development professional, whether your work involves supporting people, places, the policy and practice of community development or small-business development.
We hope you find the site useful. For additional information on the community development work and events in your area, we urge you to visit the web sites of your Federal Reserve office, using the links provided at the bottom of this site. Please click here to return to the home page.
FedCommunities.org provides Federal Reserve resources to community development practitioners working in policy and the field. Materials accessed through this portal reside on the web sites of the respective Fed offices and are the property of each owner and author. The views and opinions expressed in resources and other content on this portal are those of the authors and do not necessarily reflect the position of any individual Federal Reserve Bank, the Federal Reserve Board of Governors or the Federal Reserve System. The materials are intended for informational purposes and are not binding on the Federal Reserve System.
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