Equitable Development

Teen and preteen African American sisters sit on a couch, holding a piggy bank
By Ray Boshara, Sara Chaganti, Ana Kent, Lowell R. Ricketts
There were large wealth gaps before the pandemic and rising prices are straining families’ resources. Yet there's hope for an equitable and inclusive wealth recovery.
Community Reinvestment Act (CRA)
By Federal Reserve Community Development Staff
Speakers from the Federal Reserve, FDIC, and OCC provide an overview of the interagency CRA notice of proposed rulemaking (NPR).
Young Black woman looking at papers with postsecondary financing options
By PJ Tabit
Many students take on debt to pay for postsecondary education and training, but other options are available. Here's what experts told us at a recent conference.
CRA: Building Blocks for Change
By Benjamin Horowitz
The Community Reinvestment Act can help lenders chart a different future for low-and moderate-income neighborhoods. Here are four examples.
By Benjamin Horowitz
The Community Reinvestment Act is approaching its first significant modernization in about a quarter century. Take a look back at the historical conditions that shaped it.
Woman looks over grocery bill at kitchen table
By Kuma Okoro
New research tells us that inflation may impact different people in different ways. People's experiences with rising prices depend on where they live, how much they earn, and how they spend.
Grand Opening, Frogtown Square, 2011
By Jennifer Wilding
Experience Investment Connection—from pitch to impact—with small business owners, community organizers, and bankers, and the Federal Reserve community development experts bringing them together.
Perspectives from Main Street
By Nishesh Chalise, Violeta Gutkowski
The spread of COVID-19 and the many efforts to slow it are impacting communities throughout the nation. To best respond to this crisis, information is needed about the scope and scale of challenges in various communities. This report offers findings of a survey designed to collect information on the effects of COVID-19 on low- to moderate-income people and communities and the entities serving them. The survey was fielded by eight national partners and the Federal Reserve System's community development function.
Pine Ridge Reservation
By Tawney Brunsch
"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.
Black women in wheelchair using laptop
By Michael Morris
Could CRA modernization drive more inclusive community development for individuals with disabilities, especially those at the intersection of race or ethnicity?