Why is the Fed engaged in community development? 

Stable communities promote a more robust economy

Through applied research, public programs, outreach and technical assistance, Federal Reserve community development teams help promote economic growth and financial stability in low- and moderate-income communities across the country.

Welcome to Fed Communities

Your gateway to insights for the community development field from the Federal Reserve.

Does your work support people, places, the policy and practice of community development, or small-business development? Fed Communities is a first stop for research, insights, data, and events for community development professionals from the United States central bank, including all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.
Here’s how people across the nation are working to address the economic challenges facing their local low- and moderate-income communities, with a focus on workable solutions.
Tap into discussions around independent and nonpartisan research that aims to help workers, small business owners, and underserved communities across the nation.
What will best serve the needs of employers, workers, and communities? From survey findings to dashboards, the Fed’s data can inform collaborative efforts between policymakers, employers, and educators.

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Working toward a more equitable economy takes skill, time, and a lot of heart. In our Inspire series, the Fed’s community development experts share what inspires and motivates their work.
Connect with Fed community development research and outreach professionals.
Get to know the Federal Reserve leaders advising and guiding Fed Communities.
Conveniently attend with virtual, in-person, and hybrid options.
Little girl embracing her mom in her home office.
By Jennifer Fernandez
Explore the real stories of four women striving for work-life balance, as revealed through the Aspen Institute’s Women in the Economy survey. They share their ideas about how the economy might work better for women.
Aerial shot of a neighborhood in Roanoke, Virginia
By Sierra Latham
CDFIs shared innovative practices for supporting homebuyers, homeowners, and residential real estate developers in their responses to the Federal Reserve’s 2023 CDFI Survey.
Doug Erb and his family
By Jennie Blizzard
Discover how a dedicated music teacher, Doug Erb, rooted himself in rural Nebraska, navigating the challenges of finding affordable housing and contributing to community growth.