Perspectives from Main Street: The impact of COVID-19 on communities and the entities serving them
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.
CDFI helps two business owners in Philadelphia's Chinatown find a lifeline, and a partner, right in their own backyard.
When making decisions about distributing emergency pandemic-relief funds to distressed homeowners, state officials are using a new tool to identify where those funds are needed most.
Help inform policy conversations and decision-making. Take the Federal Reserve Small Business Credit Survey, open September 8-November 19, 2021.
From job training and industry-recognized skills certificates to job placement services and financial literacy education, get to know one program helping low- and moderate-income residents of Oklahoma and southwest Missouri enter the workforce.
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.
From March 22 through May 14, 2021, the Federal Reserve fielded the 2021 CDFI Survey. Here's what 345 CDFIs said about their financial well-being throughout the COVID-19 pandemic, operational gaps and challenges, and effects on clients and communities they serve.