The latest from the Fed’s community development teams and their collaborators.
A growing number of states and cities have passed laws that say low-income tenants have the right to counsel when they’re facing eviction. Most come with funds to implement the right to counsel.
"In our 35 years extending credit to Native communities, not once has a bank invested in our work. Instead, we’ve relied on CDFI Fund grants, foundations, and philanthropic investors," says Tawney Brunsch, executive director of Native CDFI Lakota Funds.
How are Native Americans faring in the labor market? The new Native American Labor Market Dashboard lets you track statistics are not readily available anywhere else.
FEATURED STORY
Goodwill TulsaWorks Career Academy is a workforce development program that provides job training, industry-recognized skills certificates, job placement services, and financial literacy education. Director Sabrina Ware explains, “We
have been able to stand the test of time by tailoring our resources to the community’s needs. And we’re going to continue to do it that way as long as we can.”
Own a business with 500 employees or less? Share your experiences with credit access this past year to help inform policy conversations and decision-making. The Federal Reserve Small Business Credit Survey is open through November 19, 2021.
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.
2021 Federal Reserve Community Development Research Seminar Series
The Fed’s community development experts share the inspirations and motivations behind their work.
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
[A small candy store owner in Richmond Heights] had six children, and at one point she said, ‘This business is like my seventh kid!’ I could tell she was exhausted yet wired to work.
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.
