The latest from the Fed’s community development teams and their collaborators.
Diverse toddlers play at child care
Lack of affordable, high-quality child care prevents many individuals from going back to work after the COVID-19 pandemic—and from entering the job market altogether. In Delaware, first-hand insights from parents, employers, and small business owners inform solutions to easing child care challenges in the state.
Entrepreneur stands outside holding open sign
Corporate diversity programs often talk about helping people "get invited to the party and also dance." However, entrepreneurs want to "start their own parties" and equitably. Here's how communities can support them.
“I always focus on what keeps me here [at HAC]. It’s the work and the mission of the organization,” says Terri Charleston. Her work often extends beyond affordable housing to other rural development issues such as broadband access and helping veterans fund essential home improvement projects.
This report provides a snapshot of how the COVID-19 pandemic affected low-and moderate-income people and communities, and the organizations serving them, in August 2021. Explore key findings for communities and entities as well as survey respondent profiles.
Here’s what 345 Community Development Financial Institutions told the Federal Reserve about their financial well-being throughout the COVID-19 pandemic, operational gaps and challenges, and effects on clients and communities they serve.
How much could US state gross domestic product (GDP) grow by closing racial and gender gaps in the labor market? We simulate how much GDP would have increased annually by eliminating gaps in earnings, hours worked, educational attainment, and employment.
The Fed’s community development experts share the inspirations and motivations behind their work.
Arts and artists are essential to both rebuilding and preserving cultures and communities impacted by external factors. They are a lifeline for economic and social change.
New York Fed
I feel extremely blessed to work with a lot of smart people with a depth of knowledge in small business, workforce development, and housing, all with a lens to help communities.
Cleveland Fed
[Fred Rogers] gave me a small book, a trolley, and a card, and he wished me luck. The wishes and luck are blessings I carry with me into places and spaces where I hope to make positive changes.
Board of Governors
The United States economy needs to work for everyone. We commit to doing our part, both in the work we produce and in how we engage with people and issues relating to race and racial inequity in America.