Discover how CDFIs are faring in today’s economy. Learn about their products and services, existing challenges, and potential solutions revealed by the Federal Reserve’s latest CDFI survey. Watch or listen on demand.
Needing to put a reserve of public assistance dollars to active use, Tennessee chose to invest in tackling the benefits cliff. State funding jumpstarted a pilot program based in the expertise and community roots of local anti-poverty
organizations. Over three years, the pilot will help 900 families navigate benefits cliffs. Experts are closely watching this innovative large-scale approach to see what lessons it may offer for other communities and national strategies.
Small-dollar credit, like loans under $1,000, can help people handle unexpected expenses or income fluctuations. Can it help some consumers stay afloat? Read takeaways from the Federal Reserve’s July 2023 issue of Consumer & Community Context.
From April 24 through June 2, 2023, the Federal Reserve fielded the 2023 CDFI Survey. Here’s what 453 CDFIs said about their financial well-being, demand for products and services, innovation, impacts of rising costs and
higher wages, and the road ahead.
Get a unique view into how job seekers and workers in lower-wage roles navigated the labor market at the onset of the COVID-19 pandemic and through recovery. Plus, discover how their experiences shifted their perspectives
and expectations on employment.
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.