Tools - Community Development Resources
Back in 2017, the Center for Indian Country Development (CICD) at the Federal Reserve Bank of Minneapolis released an online Reservation Profiles tool that provides demographic information about federally recognized American Indian tribes with populations of at least 2,500. In this CICD Blog post, read how the recent addition of Home Mortgage Disclosure Act data to the tool can enhance users' understanding of mortgage lending in Indian Country.
The Atlanta Fed’s interactive data tool identifies well-paying jobs across various educational requirement levels in states and metro areas. The monitor separates occupations into labor market groups based on entry-level educational requirements by employers. It also provides geographic-specific information on occupations, including total employment, median salary, and percent of monthly income needed for median regional housing costs.
The NY Fed's Community Reinvestment Act Portal is a one-stop-shop for financial institutions, community organizations, and other stakeholders seeking information and resources related to the CRA. The website also includes the interactive tool “Find Your Bank”. This tool is a sortable table which includes 10 years-worth of information on NY Fed supervised financial institutions and their CRA performance.
Bank’s Community Reinvestment Act (CRA) Opportunities for Promoting Job Creation, Workforce Development, and Place-Based Investment
This report summarizes innovative activities from banks’ Community Reinvestment Act (CRA) performance evaluations in the areas of job creation, education and workforce development, and transportation and affordable housing. By providing real-world examples of situations in which banks received CRA credit in these areas, we hope other banks will consider pursuing similar opportunities in the areas they serve for which they can receive CRA consideration, thus promoting economic growth and prosperity in these communities.
The Federal Reserve Bank of Atlanta’s interactive data tool enables policymakers and practitioners to examine local trends and compare cities across several measures of economic dynamism. The latest version of the index comprises 13 indicators across four categories (demographics, economics, human and social capital, and infrastructure) and includes data on 400 metro and micropolitan areas with populations between 50,000 and 500,000.
The Home Mortgage Explorer is a tool that draws from publicly available Home Mortgage Disclosure Act (HMDA) data and enables users to explore trends in mortgage lending between 2010 and 2015 for the U.S. as a whole, states, and metropolitan and nonmetropolitan areas. Trends can be examined by loan purpose (e.g., home purchase vs. refinance) and loan type (e.g., conventional vs. Federal Housing Administration), and all measures are provided by applicant and neighborhood income.
Workforce development contributes to a strong economy by equipping workers to succeed in the labor market and supplying employers with quality talent. This framework, from the Dallas and Kansas City Feds, is designed to give banks—and organizations interested in partnering with them—tools and information to engage in workforce development activities in ways that may help them fulfill their obligations under the Community Reinvestment Act.
Access to broadband has become an essential component of economic opportunity and financial well-being, yet there is a significant digital divide in many underserved communities.This Dallas Fed publication is a practical guide for financial institutions that shows how digital inclusion can improve the lives of low- and moderate-income individuals who have limited access to broadband infrastructure. It presents best practices and information on lending, services and investments that can help close the digital divide and contribute to an inclusive and vibrant entrepreneurial economy.
A website that accompanies the Dallas Fed study, "Las Colonias in the 21st Century: Progress Along the Texas-Mexico Border," which examines successes and challenges in infrastructure, housing, economic opportunity, education and health in Texas colonias. The site features a report, video, photos, success stories, data, legislation information and related resources.
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.