Get the latest news and views from the Fed’s community development teams and their collaborators.
Bridging Change with CRA
Federal Reserve Governor Lael Brainard shares her views on why it's the right time to modernize the Community Reinvestment Act.
CRA Building Blocks for Change
In the 40+ years since the CRA was enacted in 1977, the way banking is conducted has changed. It's just one reason the Fed is looking to update the regulation we use to evaluate banks under the law.
CRA Building Blocks for Change
Congress enacted the Community Reinvestment Act in 1977, requiring banks to reinvest in the communities in which they operate. Here's why the law was needed and why it's still relevant today.
The Fed’s community development experts share the inspirations and motivations behind their work.
It’s like we have two Bay Areas: one where people have opportunities, and one where people are working hard to get ahead, but economic, social, and educational systems are failing them.
San Francisco Fed
Academically, I was in the top 10 percent of African American students in the nation. Not one time was I told anything about owning a business, owning a house, owning stock.
Kansas City 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.