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.
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January 2023 Community Perspectives and Conditions
By Federal Reserve Community Development Staff
Here’s what nonprofit and community leaders, and workforce professionals serving lower-income people, shared with the Federal Reserve for the Beige Book.
Family getting tax preparation assistance
By Nathan Anderson
Many Americans with no or low income can benefit from expert tax-filing assistance, and in some cases, get thousands of dollars in tax refunds. 
Senior Black business owner wearing apron
By Maria Hasenstab
From housing support to mental health interventions, nonprofit organizations are playing a major role in mitigating economic uncertainty brought on by the pandemic.