Financial Inclusion Roundtable, North Texas
2022-07-19 11:30 - 13:00 (America/Chicago) | Virtual Event
The Federal Reserve Bank of Dallas, in partnership with the United Way of Metropolitan Dallas and the FDIC are hosting a roundtable with financial institutions, nonprofit organizations, and other stakeholder to learn about and discuss:

City of Dallas Financial Empowerment CentersTexas Homeowner Assistance FundUpdate on evictions in North Texas

To register, please contact:

Kseniya BenderskayaDirector, OutreachFederal Reserve Bank of Dallas

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What's Ahead for the Community Reinvestment Act: A Discussion
2022-07-14 14:00 - 15:00 (America/New_York) | Virtual Event
A virtual session this July will explain the first major changes proposed in more than a quarter century to the Community Reinvestment Act (CRA).

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Event details

Hosted by the Federal Reserve Bank of Cleveland, the session titled What’s Ahead for the Community Reinvestment Act: A Discussion will take place from 2 to 3 pm ET on July 14. We encourage you to submit questions before the event, and we encourage you to tell others you know who have an interest in the landmark law, enacted 45 years ago to encourage banks to help meet the credit needs of their local communities, including low- and moderate-income neighborhoods, in a safe and sound manner.

Federal bank regulatory agencies—the Fed, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency—jointly issued a proposal on May 5 to strengthen and modernize regulations implementing the CRA to better achieve the purposes of the law.

Building on feedback from stakeholders and research, the agencies invite public comment on their joint proposal, which has the following key aims.

Expand access to credit, investment, and basic banking services in low- and moderate-income communities. Under the proposal, the agencies would evaluate bank performance across the varied activities they conduct and communities in which they operate so that CRA is a strong and effective tool to address inequities in access to credit. The proposal would promote community engagement and financial inclusion. It would also emphasize smaller-value loans and investments that can have high impact and be more responsive to the needs of LMI communities.

Adapt to changes in the banking industry, including internet and mobile banking. The proposal would update CRA assessment areas to include activities associated with online and mobile banking, branchless banking, and hybrid models.

Provide greater clarity, consistency, and transparency. The proposal would adopt a metrics-based approach to CRA evaluations of retail lending and community development financing, which includes public benchmarks, for greater clarity and consistency. It also would clarify eligible CRA activities, such as affordable housing, that are focused on LMI, underserved, and rural communities.

Tailor CRA evaluations and data collection to bank size and type. The proposal recognizes differences in bank size and business models. It provides that smaller banks would continue to be evaluated under the existing CRA regulatory framework with the option to be evaluated under aspects of the new proposed framework.

Maintain a unified approach. The proposal reflects a unified approach from the bank regulatory agencies and incorporates extensive feedback from stakeholders.

For more information, visit the Federal Reserve Board’s CRA Proposed Rulemaking website.

Comments on the proposal will be accepted through August 5, 2022 , via this website. (The July 14 virtual session will welcome Q&A but is not a channel through which we will formally collect input.)

Registration for the webinar is now available.

Presented by

Voices of CDFIs, MDIs, and LICUs: A Listening Session on CRA Proposed Rulemaking
2022-07-14 10:00 - 11:15 (America/Chicago) | Virtual Event
Cara Ewing/Minneapolis Fed

The Federal Reserve Bank of Minneapolis invites you to a July 14, 2022, virtual discussion and listening session on how Community Reinvestment Act (CRA) proposed rulemaking could more effectively address the investment and credit needs of community development financial institutions (CDFIs), minority depository institutions (MDIs), and low-income credit unions (LICUs).

Your feedback on the modernization process will help us ensure that regulatory changes lead to a more effective CRA. We encourage you to voice your comments and questions about the modernization proposal during this important conversation. You are also welcome to provide written comments about the proposal at any time before August 5, 2022.

Register

Speakers

Michou Kokodoko, Project Director, Community Development and Engagement, Minneapolis Fed

Michael Grover, Assistant Vice President, Community Development and Engagement, Minneapolis Fed

Molly Majerle, Supervisory Examiner, Minneapolis Fed

Agenda

10:00 am | Welcome

10:05 am | A primer on the CRA Molly Majerle, Federal Reserve Bank of Minneapolis

10:20 am | Highlights of CDFI-, MDI-, and LICU-related provisions in the CRA Notice of Proposed RulemakingMichou Kokodoko, Federal Reserve Bank of Minneapolis

10:35 am | Audience discussion of key issues relating to CDFIs, MDIs, and LICUs

Facilitated by Michou Kokodoko and Michael Grover, Federal Reserve Bank of Minneapolis

From the Notice of Proposed Rulemaking:

Should the agencies [the Federal Reserve, OCC, and FDIC] also include in the MDI definition insured credit unions considered to be MDIs by the National Credit Union Administration? Should the agencies consider activities undertaken by an MDI or WDI [women’s depository institution] to promote its own sustainability and profitability? If so, should additional eligibility criteria be considered to ensure investments will more directly benefit low- and moderate-income and other underserved communities? Should the proposed factor focused on activities supporting MDIs, WDIs, LICUs, and Treasury Department-certified CDFIs exclude placements of short-term deposits, and should any other activities be excluded? Should the criterion specifically emphasize equity investments, long-term debt financing, donations, and services, and should other activities be emphasized? Should the agencies provide more specific guidance regarding what credit products and programs may be considered especially responsive, or is it preferable to provide general criteria so as not to discourage a bank from pursuing impactful and responsive activities that may deviate from the specific examples?

11:15 a.m. | Adjourn

Your feedback on the modernization process will help us ensure that regulatory changes lead to a more effective CRA. We encourage you to voice your comments and questions about the modernization proposal during this important conversation. You are also welcome to provide written comments about the proposal at any time before August 5, 2022.

Presented by

An Overview of the CRA Notice of Proposed Rulemaking
2022-07-14 09:00 - 10:00 (America/Los_Angeles) | Virtual Event
The Community Reinvestment Act (CRA) seeks to address inequities in access to credit for low- and moderate-income communities as well as underserved rural communities. On May 5, the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation jointly released a Notice of Proposed Rulemaking to update and modernize the regulation and better achieve the core purpose of the CRA in meeting the needs of low- and moderate-income Americans.

Join the San Francisco Fed on Thursday, July 14, for an overview of the proposal and its objectives.

Register

Topics will include:

Assessment areasQualified activitiesEvaluation framework RatingsData collection and reporting

The session will also cover how you can share your feedback on the proposal through August 5, 2022.

Presented by

Exploring the Racial Wealth Gap: The Contributions of Redlining and Blockbusting
2022-07-12 14:00 - 15:30 (America/New_York) | Virtual Event
Join the Chicago Fed Economic Mobility Project’s virtual event, Exploring the Racial Wealth Gap: The Contributions of Redlining and Blockbusting, on Tuesday, July 12, 2022, from 1:00 pm to 2:30 pm CT (2:00 pm to 3:30 pm ET), when we will explore the disparate impacts of redlining and blockbusting on the current state of racial wealth inequality.

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Event details

Black people in the United States have, on average, lower earnings, higher unemployment rates, lower rates of homeownership, and less access to traditional banking services—all factors that contribute to economic disparities between their households and White households. Racially discriminatory housing practices, including redlining and blockbusting, contributed to unequal homeownership rates between Black and White Americans in the twentieth century, with the effects still being felt today. Considering the importance of homeownership in building wealth, we will illustrate how these practices have contributed to the racial wealth gap.

The event will include the following:

Overview of the Racial Wealth Gap and Contributing FactorsKristen Broady, senior economist, economic advisor and Director of the Economic Mobility Project, Chicago Fed

The Effects of Redlining Maps on the Long-Run Trajectories of NeighborhoodsDaniel Aaronson, Senior Vice President and Associate Director of Research, Chicago Fed

Blockbusting and the Challenges Faced by Black Families in Building Wealth Through Housing in the Postwar United StatesDaniel Hartley, Senior Economist, Chicago Fed

Panel Discussion: Factors Contributing to the Racial Wealth GapModerator: Natalie Y. Moore, JournalistAndre M. Perry, Senior Fellow at Brookings Metro and scholar-in-residence at American University.

Presented by

State and Local Programs to Advance Homeownership Opportunity to Narrow Racial Disparities
2022-07-12 12:00 - 13:30 (America/New_York) | Virtual Event
For many Americans, owning a home is an effective tool for building household wealth. Yet households of color have faced historical and systemic barriers to homeownership that persist widely today, calling for more innovative and deliberate strategies for addressing the racial homeownership gap.

Join us for part two of the series Advancing Homeownership Opportunity to Narrow Racial Disparities. In this webinar, we will feature two panels discussing efforts to preserve and expand current homebuyers’ programs while forging new homeownership opportunities for households of color. Panelists will share details on programs from lenders and state and local governments, including the Mortgage Bankers Association’s Convergence program, Boston’s first-generation homeownership program, New Jersey’s homeowner assistance programs, the Philly First Home program, a home repair loan program in Ohio, and a special purpose credit program initiated by a major bank.

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Agenda

Panel 1: State and Local Programs to Narrow the Racial Homeownership Gap

Wendy Penn, Associate Vice President, Mortgage Bankers Association

Cerita Battles, Managing Director, Head of Community and Affordable Lending, Chase

Symone Crawford, Executive Director, Massachusetts Affordable Housing Alliance

Ryan Ambrose, Director, Neighborhood Preservation Initiative, Philadelphia Housing Development Corporation

Janneke Ratcliffe, Vice President, Housing Finance Policy Center, Urban Institute moderator

Panel 2: State and Local Programs to Preserve Existing Homeownership

Melanie R. Walter, Executive Director, New Jersey Housing and Mortgage Finance Agency

Stephanie Moulton, Professor, Ohio State University

Adam H. Langley, Associate Director, Lincoln Institute of Land Policy (invited)

Lei Ding, Senior Community Development Economic Advisor, Philadelphia Fed moderator

Watch part one of this webinar series on demand. The event featured two virtual panels discussing current federal efforts to advance racial equity in homeownership and ways to leverage these new and emerging programs.

Presented by

This series is cohosted by the Federal Reserve Bank of Philadelphia, the Urban Institute, and the Penn Institute for Urban Research.

Business Leaders in Advancing Skills in TX: Dual Credit / PTECH Learning Opportunities
2022-07-12 11:00 - 12:30 (America/Chicago) | Virtual Event
This six-part virtual webinar series focuses on elevating and strengthening the voice of the business community to champion the workforce mission of the state’s technical and community colleges. BLAST (Business Leaders in Advancing Skills in TX) is a partnership of local chambers, the Texas Association of Businesses, and the Dallas Fed. Session #4 on July 12th will focus on the integration of high school and community colleges, highlighting dual credit and PTECH opportunities.

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Understanding the Community Reinvestment Act Modernization Proposal
2022-07-12 10:00 - 11:15 (America/New_York) | Virtual Event
On July 12, the Federal Reserve Bank of New York will host a virtual event to educate the public on an interagency proposal to modernize regulations implementing the Community Reinvestment Act (CRA). The CRA is a landmark law that requires the Federal Reserve Board and other federal banking regulators to encourage financial institutions to help meet the credit needs of the communities where they do business, including low- and moderate-income neighborhoods. The last significant interagency update to CRA regulations was in 1995.

Register

Event details

At this event, hosted in partnership with the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), representatives from the New York Fed and the Federal Reserve Board will provide an overview of the proposal and answer pre-submitted questions about the proposed updates to CRA regulations.

The Federal Reserve Board, the FDIC, and the OCC issued a joint proposal on May 5, 2022 that would, among other things, expand access to credit, investment, and basic banking services in low- and moderate-income communities, adapt to changes in the banking industry, and provide greater clarity, consistency, and transparency. The agencies are currently requesting public comment on their joint proposal.

For more information on the proposal or to submit a comment, please visit the Federal Reserve Board’s webpage on the proposed rulemaking. The deadline for submitting comments is August 5, 2022.

Presented by

FedTalk: Building Black Communities: Investment and Opportunity
2022-07-07 15:00 - 16:00 (America/New_York) | Virtual Event
The July FedTalk by the Cleveland Fed will bring together industry experts to explore the current state of investment in Black communities. Join us for a discussion of the status of infrastructure and services, as well as the implications for the health and welfare of residents. The panel will also address the role of private industry in filling unmet needs, the role public policy has played historically, and what role it can play in the future to alleviate the disparities that are holding back progress in Black communities.

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Speakers

Randal Dawson, Executive Vice President, CBRE

Darcy Freedman, PhD, MPH, Case Western Reserve University School of Medicine

Stephen J.K. Walters, PhD, Chief Economist, Maryland Public Policy Institute

Lara Loewenstein, Research Economist, Federal Reserve Bank of Cleveland moderator

Presented by

Small Dollar Mortgages: Increasing Affordable Housing Options for Lower-Income Households
2022-06-30 12:00 - 13:30 (America/New_York) | Virtual Event
Join us for Small-Dollar Mortgages: Increasing Affordable Housing Options for Lower-Income Households to learn about the benefits of, challenges to, and resources available for originating small-dollar mortgages. Help your community increase affordable housing—and access to homeownership—for low- and moderate-income residents.

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Increasing the availability of affordable housing options for lower-income renters is a priority for many communities. With an increase in housing prices and falling supply during the COVID-19 pandemic, the nation’s housing affordability has continued to deteriorate. Rents have increased dramatically in the last year, and lower-income renters struggle to find housing they can afford. Without affordable places to live, lower-income renters—many already overburdened by the cost of housing—often must make trade-offs that jeopardize their health, safety, and well-being.

While there is no shortage of policy solutions for addressing the affordable housing crisis, most of them overlook homeownership. And though there is a need for affordable rental units, renting does not always provide residents with the long-term affordability and security that homeowning could. Contrary to popular belief, owning one’s own home can be more affordable, even for lower-income families, than renting. In fact, it is cheaper to buy a home than it is to rent in two thirds of the country’s counties.

Across the nation, properties costing $100,000 or less would qualify for small-dollar mortgages. In many cases, if a low-income or cost-burdened renter purchased one of these homes, the monthly mortgage payment would be significantly cheaper than a rent payment, allowing the homeowner to build savings and equity and increase housing security.

Speakers

Opening remarks

Tracey Mason, Assistant Vice President and Director, Community Development Outreach and Operations, Federal Reserve Bank of Cleveland

Panelists

Kimberly Kreiss, Data Scientist, Federal Reserve Board of Governors

Greg Perelka, Executive Vice President, CHN Housing Capital

Jamie Rice, Managing Director, Single-Family Programs, Kentucky Housing Corporation

Gabe del Rio, President and Chief Executive Officer, Homeownership Council of America

Edward Seiler, Associate Vice President for Housing Economics and Executive Director, Research Institute for Housing America (RIHA)

Moderated by Faith Weekly, Community Development Advisor, Neighborhoods and Housing, Federal Reserve Bank of St. Louis

Presented by

Toward an Inclusive Recovery: Achieving an Equitable and Inclusive Wealth Recovery
2022-06-29 13:00 - 14:40 (America/New_York) | Virtual Event
On June 29, join the Federal Reserve Banks of Boston and St. Louis for Toward an Inclusive Recovery: Achieving an Equitable and Inclusive Wealth Recovery, featuring two virtual panels. First, experts will discuss how household balance sheets and wealth gaps have evolved since the beginning of the pandemic. Next, panelists will discuss how evidence-based solutions could contribute to a more equitable and inclusive wealth recovery. We hope you’ll join us.

Register

Seminar details

Wealth can be transformative in its ability to promote financial security and opportunity across generations. Yet, wealth gaps have existed well before the pandemic, and the uneven trajectory of the recovery may have intensified them. Historical factors and ongoing systemic barriers have significantly inhibited the ability of people of color, women, and other disadvantaged groups to accumulate meaningful levels of wealth.

Wealth gaps could widen further depending on housing and stock market performance and the expected expiration of critical cash, food, housing, and debt assistance to struggling families. As a result, households may experience depleting savings and increasing debts to potentially alarming levels. Price increases in various sectors, resulting from inflation and global events, could have disparate effects on family wealth holdings. This could burden those with less wealth even more while those with greater wealth may draw down theirs to meet consumption needs. How can we ensure the most vulnerable families are equitably included in recovery and wealth-building efforts? How can more families build the healthy balance sheets they need to thrive?

This seminar, presented by the Federal Reserve Banks of Boston and St. Louis, will discuss wealth trends since the pandemic and how evidence-based responses, within households and the broader economy, can promote wealth equity and an inclusive wealth recovery. The first panel will provide a framing of the issue, including how different household assets and liabilities have been affected. The second panel will explore ideas on how to move beyond a simple recovery mindset and focus on collectively getting families to a more stable and resilient wealth position moving forward.

Speakers

Xudong AnAssistant Vice PresidentSupervision, Regulation, and CreditPhiladelphia Fed

Janet BoguslawSenior ScientistHeller School and Institute for Economic and Racial Equity

Ray BosharaSenior AdvisorInstitute for Economic EquitySt. Louis Fed

Jim BullardPresident & CEOSt. Louis Fed

Sara ChagantiDeputy Director of ResearchRegional and Community OutreachBoston Fed

Prabal ChakrabartiExecutive Vice PresidentRegional and Community OutreachBoston Fed

Fiona GreigManaging Director and Co-PresidentJPMorgan Chase Institute

Ana Hernández KentSenior ResearcherInstitute for Economic EquitySt. Louis Fed

Genevieve MelfordDirector of Insights and EvidenceAspen Institute Financial Security Program

William M. Rodgers IIIVice President and DirectorInstitute for Economic EquitySt. Louis Fed

Joelle ScallySenior Data Strategist and ResearcherCenter for Microeconomic DataNew York Fed

Jenny SchuetzSenior FellowBrookings Metro

Lisa ServonKevin and Erica Penn Presidential Professor

Maria ThompsonOutreach ManagerSmall Business Credit Survey Cleveland Fed

Visit speaker bios >

Agenda

1:00–1:05 pm ET

Welcome

Maria Thompson, Outreach Manager, Small Business Credit Survey, Cleveland Fed

1:05–1:10 pm ET

Introductory remarks

Jim Bullard, President, Federal Reserve Bank of St. Louis

1:10–1:15 pm ET

Opening remarks

Sara Chaganti, Deputy Director of Research, Regional and Community Outreach, Boston Fed

1:15–1:55 pm ET

Panel 1: Trends in household balance sheets

Ana Hernández Kent, Senior Researcher, Institute for Economic Equity (IEE), St. Louis Fed moderator

Fiona Greig, Managing Director and Co-President, JPMorgan Chase Institute

Joelle Scally, Senior Data Strategist and Researcher, Center for Microeconomic Data, New York Fed

Xudong An, Assistant Vice President of Supervision, Regulation, and Credit, Philadelphia Fed

1:55–2:30 pm ET

Panel 2: Evidence-based responses, that promote wealth equity and an inclusive wealth recovery

Ray Boshara, Senior Advisor, Institute for Economic Equity, St. Louis Fed moderator

Genevieve Melford, Director of Insights and Evidence, Aspen Institute Financial Security Program (FSP)

Jenny Schuetz, Senior Fellow, Brookings Metro

Lisa Servon, Kevin and Erica Penn Presidential Professor

Janet Boguslaw, Senior Scientist, Heller School and Institute for Economic and Racial Equity

2:30–2:40 pm ET

Closing

Prabal Chakrabarti, Executive Vice President, Regional and Community Outreach, Boston Fed

William M. Rodgers III, Vice President and Director, Institute for Economic Equity, St. Louis Fed

Presented by

About the Seminar Series

The Federal Reserve Community Development Research Seminar Series is a forum for exploring the intersection of research, policy, and practice in the community development field. The Series expands access to high-quality research that informs stakeholders who are working to support low- and moderate-income communities and communities of color.

Ask the Fed: Current Expected Credit Losses (CECL) – Expected Loss Estimator (ELE) Tool
2022-06-16 14:00 - 15:00 (America/New_York) | Virtual Event
On Thursday, June 16, 2022, at 2:00 p.m. ET, staff from the Federal Reserve will host an Ask the Fed® webinar on the ELE tool for determining expected credit losses under CECL.

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The ELE tool takes a financial institution’s loan-level data and assumptions as entered in by financial institution management and automates the Weighted-Average Remaining Maturity (WARM) method. This session will walk through the spreadsheet-based tool intended to assist community financial institutions in implementing CECL.

You can email your questions in advance of the session at askthefed@stls.frb.org. Questions received in advance will receive priority.

Financial institutions are encouraged to invite representatives from their internal audit function and their external audit firm to participate in the upcoming webinar on the ELE tool.

We strongly encourage participants to use the webinar audio on their computer for the best experience. Webinar materials will be archived for future viewing.

Suggested PrerequisiteThe Ask the Regulators: CECL Webinar: Weighted-Average Remaining Maturity (WARM) Method (4/11/19) or other WARM webinars/training

Presenters

Bettyann Griffith, Federal Reserve Bank of New York

Meg Buckley, Federal Reserve Board of Governors

Stephanie Weber, Federal Reserve Bank of Minneapolis

Michelle Bowman, Governor, Federal Reserve Board of Governors

Christian Riba, Federal Reserve Bank of Minneapolis

Debt: When it Helps, When it Hurts, What it Could Do to Build Household Wealth
2022-06-09 14:00 - 16:30 (America/New_York) | Federal Reserve Bank of New York, 33 Liberty Street, New York, NY, 10045, United States
On Thursday, June 9, the Federal Reserve Bank of New York, the Federal Reserve Bank of St. Louis, and the Aspen Institute Financial Security Program will host a hybrid event on the role of household debt in building wealth. The event will feature contributors to the book, The Future of Building Wealth, and will showcase research and solutions aimed at mitigating burdensome and wealth-depleting debt, while improving the use of wealth-building debt.

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Event details

The event will explore the role policymakers, philanthropists, and capital providers can play in improving access to capital as a tool to building long-term stability, including access to loans for higher education, starting a small business, or purchasing a home.

This hybrid event is open to the public and media. Registration for attending either in-person or virtually is available through the registration link. All remarks are on the record and the event will be livestreamed with a recording to be made available afterwards. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.

Speakers

Don BaylorCo-Head of Community Impact and Managing Director of ServicesLafayette Square

Dyvonne BodyCommunity DevelopmentFederal Reserve Bank of New York

Ray BosharaSenior Advisor, Institute for Economic EquityFederal Reserve Bank of St. Louis

Wole CoaxumFounder and Chief Executive OfficerMobility Capital Finance, Inc. (MoCaFi)

Judy DoughertyHead of Enterprise Capabilities and Financial Wellness OfficerPrudential Financial

David EricksonHead of Community DevelopmentFederal Reserve Bank of New York

Mae Watson GroteFounder and Chief Executive OfficerChange Machine

Lynnette Khalfani-CoxFounderThe Money Coach®

Jonathan KivellDirector of Community InvestmentsFederal Reserve Bank of New York

Signe-Mary McKernanVice President, Center on Labor, Human Services, and PopulationUrban Institute

Genevieve MelfordDirector of Insights and EvidenceAspen Institute Financial Security Program

Sarah MorgensternVenture PartnerFlourish Ventures

Sid PaillaFounder and Chief Executive OfficerSunny Day Fund

Ida RademacherVice President and Executive DirectorAspen Institute Financial Security Program

Joanna Smith-RamaniManaging DirectorAspen Institute Financial Security Program

Frederick F. WherryDirectorDebt and Dignity Network

Bryan YoungCo-Founder and Chief Executive OfficerHome Lending Pal

Agenda

2:00–2:05 pm ET

Welcome Remarks

David Erickson, Head of Community Development, Federal Reserve Bank of New York

2:05–2:15 pm ET

Keynote

Genevieve Melford, Director of Insights and Evidence, Aspen Institute Financial Security Program

2:15–2:45 pm ET

Interview

Lynnette Khalfani-Cox, Founder, The Money Coach®

Frederick F. Wherry, Director, Debt and Dignity Network

Mae Watson Grote, Founder and Chief Executive Officer, Change Machine moderator

2:45–3:25 pm ET

Lifting Innovations

Judy Dougherty, Head of Enterprise Capabilities and Financial Wellness Officer, Prudential Financial

Sid Pailla, Founder and Chief Executive Officer, Sunny Day Fund

Bryan Young, Co-Founder and Chief Executive Officer, Home Lending Pal

Joanna Smith-Ramani, Managing Director, Aspen Institute Financial Security Program moderator

3:25–3:35 pm ET

Break

3:35–4:15 pm ET

Capital to Solutions

Don Baylor, Co-Head of Community Impact and Managing Director of Services, Lafayette Square

Wole Coaxum, Founder and Chief Executive Officer, Mobility Capital Finance, Inc. (MoCaFi)

Signe-Mary McKernan, Vice President, Center on Labor, Human Services, and Population, Urban Institute

Sarah Morgenstern, Venture Partner, Flourish Ventures

Jonathan Kivell, Director of Community Investments, Federal Reserve Bank of New York moderator

4:15–4:25 pm ET

Call to Action

Ray Boshara, Senior Advisor, Institute for Economic Equity, Federal Reserve Bank of St. Louis

Ida Rademacher, Vice President and Executive Director, Aspen Institute Financial Security Program

4:25–4:30 pm ET

Closing Remarks

Dyvonne Body, Community Development, Federal Reserve Bank of New York

4:30 pm ET

Reception

Presented by

Location

This hybrid event has the option to attend virtually or in person.

Rent Stabilization: Local Approaches to Advance Tenant Stability
2022-06-08 11:00 - 12:00 (America/Chicago) | Virtual Event
Rent-regulation policies vary widely across the United States. What do we know about their effects on rental markets, tenants, and property owners? Do differences in the policies’ design matter? Urban Land Institute Minnesota and the Federal Reserve Bank of Minneapolis are partnering with experts from across the housing sector to present a four-part, virtual event series featuring research-based, evidence-driven conversation on rent regulation. We invite you to join us as we discuss these important questions.

Register

Event details

This fourth and final session focuses on local approaches that have similar goals to rent stabilization policies. Which policies aimed at advancing low- or moderate-income-tenant stability or affordable housing are complementary to rent stabilization policies? How do these policies differ in terms of impact, cost, and efficiency? What combinations of policies have proven to improve tenant stability, minimize displacement, and offer more housing options for households with limited economic resources?

Videos from previous sessions are available to watch on demand:

Rent Stabilization: Policy Choices and ImpactsRent Stabilization: Understanding the Rental-Market Impacts of Rent Stabilization Policy ChoicesRent Stabilization: Lessons Learned from Implementing Rent Stabilization Policies

Speakers

Shane PhillipsProgram Manager, Randall Lewis Housing InitiativeUCLA Lewis Center for Regional Policy Studies

Michael SpottsPresidentNeighborhood Fundamentals

Senior Visiting FellowTerwilliger Center for Housing, Urban Land Institute

Christina StacyPrincipal Research Associate, Metropolitan Housing and Communities Policy CenterUrban Institute

Stephanie BrownUrban Land Institute Minnesotamoderator

Presented by

Global Insights on Food Security and Economic Resilience: What Can the U.S. Learn from Abroad?
2022-05-25 10:00 - 11:45 (America/New_York) | Virtual Event
On May 25, 2022, the Federal Reserve Bank of New York will host a virtual event on domestic and international efforts to improve food security. Speakers will discuss the Economist Impact’s Global Food Security Index, food and inequality in the US, and market opportunities in the field.

This event is open to the public and media. Registration for this virtual event is available through the registration link. All remarks are on the record and the event will be recorded. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.

Register

Presented by

This event is presented by the New York Fed’s Community Development team, which has three areas of focus: health, household financial well-being, and climate risk. For more details, visit the New York Fed’s page on Community Development.

The Economic Well-Being of U.S. Households in 2021
2022-05-24 15:00 - 16:00 (America/New_York) | Virtual Event
Last year, families in the United States continued to adjust to the shifting economic environment resulting from the COVID-19 pandemic. Since 2013, the Federal Reserve Board’s Survey of Household Economics and Decisionmaking (SHED) has provided insight into the financial challenges families were facing and monitored their financial circumstances. Over the past two years, this survey has provided valuable insights into how family finances have evolved through the pandemic.

During this session, experts will discuss the results from the most recent report on the SHED’s findings which will be released in the days leading up to the event, and the public data file that accompanies it. This survey asked over 11,000 people how their finances fared near the end of 2021. The virtual event will cover findings from the SHED on the ways families fared across a range of dimensions including how parents fared through the pandemic, employment outcomes, retirement decisions, and broader family finances.

Register

Speakers

Jeff Larrimore, chief, consumer and community research section, Federal Reserve Board

Alicia Lloro, senior economist, consumer and community research section, Federal Reserve Board

Ellen Merry, principal economist, consumer and community research section, Federal Reserve Board

Sydney Diavua, director, community partnerships and investment, Federal Reserve Bank of St. Louis moderator

Presented by

The Connecting Communities® webinar series is a Federal Reserve System initiative intended to provide a national audience with timely information on emerging and important community and economic development topics. The webinar series complements existing Federal Reserve community development outreach initiatives that are conducted through Reserve Bank regional offices and at the Federal Reserve Board of Governors in Washington, DC.

Investing in Rural Prosperity
2022-05-24 13:00 - 17:35 (America/New_York) | Federal Reserve Bank of New York, 33 Liberty Street, New York, NY, 10045, United States
Reception to follow

The New York Fed is hosting a public event in collaboration with the Federal Reserve Board of Governors. The event will highlight a new framework for advancing shared economic prosperity in rural communities across the United States, initially proposed in “Investing in Rural Prosperity,” a new book published by the St. Louis Fed in collaboration with the Board of Governors. A complimentary copy of the book will be given to the first 100 people in attendance. This is a hybrid event with in-person and virtual attendance options.

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In addition to exploring this new framework, the event will focus on:

Ways to leverage natural assets to promote rural prosperityStrategies for investing in equitable resilienceThe need for more broadband investmentLocal collaborations between the health sector and community developmentInnovative case studies from France that use culture, nature, and innovation to revitalize smaller communities

This hybrid event is open to the public and media. All remarks are on the record and the event will be livestreamed with a recording to be made available afterwards. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.

Speakers

Caitlin CainVice President, LISCDirector, Rural Local Initiatives Support Corporation (LISC)

Andrew DumontSenior Community Development AnalystFederal Reserve Board of Governors

David EricksonHead of Outreach and EducationFederal Reserve Bank of New York

Nicolas HazardSpecial Advisor, Social EconomyEuropean Commission

Otho KerrDirector of Strategic Partnerships and Community Impact InvestingFederal Reserve Bank of New York

Vannessa Piñeiro MontesVice President and Compliance Manager of Community Reinvestment LawBanco Popular de Puerto Rico

Rob RileyPresidentNorthern Forest Center

Ruth Thomas-SquanceSenior Director of Field Building Build Healthy Places Network

Location

Register to attend in-person or virtually.

Agenda

1:15-1:20 pm

Welcome remarks

David Erickson, Head of Community Development, Federal Reserve Bank of New York

1:20-1:45 pm

Keynote

Andrew Dumont, Senior Community Development Analyst, Federal Reserve Board of Governors

1:45-2:30 pm

Leveraging Natural Assets to Promote Rural Prosperity

Rob Riley, President, Northern Forest Center

Aaron Woolf, Owner, Elizabethtown Bike Ranch

2:30-3:30 pm

Investing in Equitable Resilience in Rural Communities

Caitlin Cain, Vice President, LISC and Director, Rural Local Initiatives Support Corporation (LISC)

Vannessa Piñeiro Montes, Vice President and Compliance Manager of Community Reinvestment Law, Banco Popular de Puerto Rico

Mike Tarantino, President and CEO, Iberia Industrial Development Foundation

3:30-3:45 pm

Break

3:45-4:30 pm

Digital Inclusion in Rural New York

Otho Kerr, Director of Strategic Partnerships and Impact Investing, Federal Reserve Bank of New York

Scott Rasmussen, Acting Director, New York State ConnectAll

David Wolff, Board Member, AdkAction

4:30-5:00 pm

Multisector Health Partnerships

Ruth Thomas-Squance, Senior Director of Field Building, Build Healthy Places Network

5:00-5:10 pm

Break

5:10-5:30 pm

Book Talk

Nicolas Hazard, Special Advisor, Social Economy, European Commission

5:30-5:35 pm

Closing Remarks

David Erickson, Head of Community Development, Federal Reserve Bank of New York

5:35-6:30 pm

Reception

Resources

Visit the New York Fed’s page on Community Development.

Presented by

Fed@YourDesk Webinar: Tools to Help Low-Wage Workers Move Up the Career Ladder
2022-05-24 12:00 - 12:30 (America/New_York) | Virtual Event
Join the Chicago Fed on May 24 for the next Fed@YourDesk Webinar, Tools to Help Low-Wage Workers Move Up the Career Ladder, with Brittany Birken, principal adviser on the Community and Economic Development team at the Federal Reserve Bank of Atlanta.

Register

As their incomes rise, some workers become ineligible for certain government funding and benefits, such as tax credits and food assistance. When a modest wage increase leaves a worker financially worse off, the worker experiences what’s known as a “benefits cliff,” which can be a disincentive to advance beyond low-wage jobs. The Atlanta Fed has developed the Career Ladder Identifier and Financial Forecaster (CLIFF), a set of online tools that can help policymakers, employers, service providers, and workers better understand where these barriers might occur along various career pathways.

In this webinar, you will learn about the Atlanta Fed’s tools designed to provide information about how benefits change with income gains, including:

The CLIFF DashboardThe CLIFF PlannerThe CLIFF Employer EditionPolicy Rules Database Dashboard

Presented by

2022 Agricultural Symposium: Help Wanted in Agriculture
2022-05-23 12:00 - 2022-05-24 13:00 (America/Chicago) | Virtual Event
The 2022 Agricultural Symposium will explore the role of labor in determining the long-term outlook for agriculture and related businesses, how policies will shape that outlook, and the potential for structural change.

Request an invitation

Event details

Agricultural production has expanded dramatically during the past two decades due, in large part, to innovative and opportunistic solutions to challenges large and small. Technological advancements in agriculture reflect a problem-solving mindset as innovation has alleviated pressure points or expanded opportunities. As in the past, agricultural enterprises continue to require innovative solutions to new and existing problems. At the same time, however, many businesses have also been facing intensifying labor shortages that have inhibited existing operations and growth. Help wanted signs abound – not just to work in agriculture – but, more broadly, to solve problems and advance the industry.

The 2022 Agricultural Symposium, “Help Wanted in Agriculture” will explore the role of labor in determining the long-term outlook for agriculture and related businesses, how policies will shape that outlook, and the potential for structural change. On the first day of the symposium, speakers will discuss how issues connected to labor will affect long-term agricultural production prospects and efficient supply chains. On the second day of the symposium, speakers will discuss how existing and emerging policies affect the decisions of agricultural businesses, and how the structure of the industry may evolve in the future alongside changes in workforce trends.

Agenda

May 23, 2022

12:00-1:00 pm CT

Lunch available

1:00–1:30 pm CT

Welcome and Opening Remarks

Nathan Kauffman, Vice President, Economist and Omaha Branch Executive, Federal Reserve Bank of Kansas City

1:30-3:15 pm CT

Session 1: Farm Labor

This session will examine the outlook for farm labor in the years ahead and how agricultural workforce developments might affect future challenges and opportunities related to agricultural production.

Diane Charlton, Assistant Professor, Department of Agricultural Economics and Economics, Montana State University speaker

A.G. Kawamura, Owner/Partner, Orange County Produce panelist

Jeff Lakner, CEO, Lakner Farms, LLC panelist

3:30-5:00 pm CT

Session 2: Labor in the Ag Supply Chain

This session will discuss the outlook for labor among businesses connected to agricultural production and the significance of labor in maintaining efficient supply chains.

Tim Richards, Morrison Chair of Agribusiness, W.P. Carey School of Business, Arizona State University speaker

Tonn Ostergard, CEO and Chairman, Crete Carrier Corporation panelist

5:00-6:00 pm CT

Reception

6:00-7:30 pm CT

Dinner and Keynote Address

Esther L. George, President and Chief Executive Officer, Federal Reserve Bank of Kansas City

May 24, 2022

7:30-8:30 am CT

Breakfast available

8:30-10:00 am CT

Session 3: The Role of Policy

In this session, speakers will discuss how policies related to labor are affecting the hiring and investment decisions of farm businesses and those in the ag supply chain.

Daniel Costa, Director of Immigration Law and Policy Research, Economic Policy Institute speaker

Chuck Conner, President and Chief Executive Officer, National Council of Farmer Cooperatives panelist

Kristi Boswell, Counsel, Alston & Bird LLP panelist

Alison Krebs, Director, Dairy and Trade Policy, Leprino Foods panelist

10:30-12:00 pm ET

Session 4: Labor and Structural Change

In this session, speakers will explore how developments associated with labor and employment in agriculture might affect the structure of the agricultural sector and related businesses in the years ahead.

Roger Cryan, Chief Economist, American Farm Bureau Federation speaker

Jim Heneghan, Senior Vice President, Gro Intelligence panelist

Shari Rogge-Fidler, President and Chief Executive Officer, Farm Foundation panelist

12:00-12:15 pm CT

Closing Comments

Nathan Kauffman, Vice President, Economist and Omaha Branch Executive, Federal Reserve Bank of Kansas City

12:15-1:00 pm CT

Lunch available

Presented by

Regional Economic Conditions: Health of the Minnesota Child Care Sector
2022-05-19 12:00 - 12:30 (America/Chicago) | Virtual Event
How is the child care sector faring in Minnesota? What challenges do providers face in responding to demand? The Minneapolis Fed recently partnered with First Children’s Finance to survey Minnesota child care providers in April. Join Minneapolis Fed’s Ben Horowitz and Suzanne Pearl, Minnesota Director for First Children’s Finance, for a webinar discussing survey results on the sector’s current health, capacity, and challenges.

Register

Agenda

Thursday, May 19, 2022

1:00 pm ET

Welcome and REC webinar introduction

Ben Horowitz, Minneapolis Fed

1:05 pm ET

Survey Results

Suzanne Pearl, First Children’s Finance

1:25 pm ET

Moderated Q&A

1:30 pm ET

Webinar concludes

Presented by

Money and Mission: Creating 21st Century Capital Markets for Better Social Outcomes
2022-05-17 16:00 - 17:30 (America/New_York) | Federal Reserve Bank of New York, 33 Liberty Street, New York, NY, 10045, United States
On Tuesday, May 17, the Federal Reserve Bank of New York will host a discussion on the potential of philanthropy to act as both a source of capital and a model for the fundamental changes needed to address today’s challenges.

Register

In this conversation, experts will discuss the following questions:

Can we solve social problems with markets? If not, how do we marry market solutions with public policy and philanthropy in the most effective ways?

Does the philanthropic model have an internal contradiction that stymies progress if it uses only 5% of its assets to advance its mission?

How do we frame the big challenges facing communities—such as widening wealth inequality, affordable housing scarcity, and the decline of community services such as schools, health care, clean water, and internet access—so that they are not too overwhelming for foundations and other investors to hope to improve?

This event is open to the public and media. Registration is required. All remarks are on the record and the event will be recorded. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.

Speakers

Speakers include Clara Miller, president emerita of the F.B. Heron Foundation and Geoffrey Canada, founder and president of the Harlem Children’s Zone and William Julius Wilson Institute.

Rev. Cory AndersonChief Innovation OfficerWinthrop Rockefeller Foundation

Geoffrey CanadaFounder and PresidentHarlem Children’s Zone and William Julius Wilson Institute

Audrey ChoiSenior Advisor and CEOMorgan Stanley Institute for Sustainable Investing

David EricksonHead of Outreach and EducationFederal Reserve Bank of New York

Otho KerrDirector of Strategic Partnerships and Community Impact InvestingFederal Reserve Bank of New York

Andrea LeverePresident EmeritaProsperity Now

Clara MillerPresident EmeritaThe F.B. Heron Foundation

Agenda

4:00-4:05 pm

Welcome remarks

David Erickson, Head of Community Development, Federal Reserve Bank of New York

4:05-4:25 pm

Opening Remarks

Clara Miller, President Emerita, The F.B. Heron Foundation

4:25-5:25 pm

Surge of Inequality: How Different Neighborhoods React to Flooding

Moderator: Andrea Levere, President Emerita, Prosperity Now

Rev. Cory Anderson, Chief Innovation Officer, Winthrop Rockefeller Foundation

Geoffrey Canada, Founder and President, Harlem Children’s Zone and William Julius Wilson Institute

Audrey Choi, Senior Advisor and CEO, Morgan Stanley Institute for Sustainable Investing

Clara Miller, President Emerita, The F.B. Heron Foundation

5:25 pm

Closing Remarks

Otho Kerr, Director of Strategic Partnerships and Community Impact Investing, Federal Reserve Bank of New York

5:30-6:30 pm

Reception

Location

Advancing Homeownership Opportunity to Narrow Racial Disparities
2022-05-17 12:00 - 13:30 (America/New_York) | Virtual Event
Federal Programs to Advance Homeownership Opportunity to Narrow Racial Disparities on May 17 will feature two virtual panels discussing current federal efforts to advance racial equity in homeownership and ways to leverage these new and emerging programs. They include the equity plans by the Federal Housing Finance Agency (FHFA), the interagency Action Plan to Advance Property Appraisal and Valuation Equity, new home renovation products, and underwriting innovations from government-sponsored enterprises. Special purpose credit programs, and other innovative strategies for reshaping housing market access will also be discussed.

Register

Series details

For many Americans, homeownership is an effective tool for building household — and generational — wealth. Yet not all Americans have shared in this prosperity. Historical and systemic barriers to homeownership have long stood in the way of households of color, resulting in significant racial disparities in homeownership and neighborhood disinvestment that persist nationwide. Further, research is emerging about how the pandemic may have exacerbated this growing homeownership gap. More innovative and strategic programs are needed to narrow the racial homeownership gap.

In a series titled Advancing Homeownership Opportunity to Narrow Racial Disparities, the Federal Reserve Bank of Philadelphia, the Urban Institute, and the Penn Institute for Urban Research will focus on envisioning more innovative strategies for expanding homeownership opportunities for households of color.

Speakers for Part 1, May 17

Welcome

Theresa Singleton, Senior Vice President, Federal Reserve Bank of Philadelphia

Panel 1: Introduction of Federal Programs

Melody Taylor, Executive Director of the Property Appraisal and Valuation Equity Task Force,U.S. Department of Housing and Urban Development

James Wylie, Associate Director for Fair Lending, Federal Housing Finance Agency

Simone Beaty, Senior Director, Affordable Lending, Freddie Mac

Stacey Shifman, Senior Director, Single-Family Analytics and Modeling, Fannie Mae

Laurie Goodman, Institute Fellow, Urban Institute moderator

Panel 2: How to Leverage and Enhance Federal Programs

Lisa Rice, President and Chief Executive Officer, National Fair Housing Alliance

Reza Aghamirzadeh, Executive Vice President and Head of Community Development, CitizensBank

Robin Wiessmann, Executive Director and CEO, Pennsylvania Housing Finance Agency

Janneke Ratcliffe, Vice President, Housing Finance Policy Center, Urban Institute

Susan Wachter, Albert Sussman Professor of Real Estate, Professor of Finance, and Codirector, PennInstitute for Urban Research moderator

Presented by

Historic Westside Las Vegas: HUNDRED Plan Investment Roundtable
2022-05-17 10:00 - 11:30 (America/Los_Angeles) | Virtual Event
The HUNDRED Plan is a visionary place-based initiative designed to revitalize the Historic Westside while preserving its cultural significance and diverse residents. On May 17, 2022, join the Federal Reserve Bank of San Francisco, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation for the HUNDRED Plan Investment Roundtable.

Register

Event details

The event will provide an overview of progress to date. Participants will also learn about specific community development investment opportunities towards the HUNDRED Plan’s vision of a diverse and thriving district rooted in African American culture in Las Vegas. Investment opportunities will include:

affordable housing,economic development,healthcare facilities, andcultural arts projects.

We encourage financial institution community development investment managers, public finance officers, commercial real estate lenders, small business lenders, venture capital funders, foundations and charitable giving managers, and CDFIs to attend.

Presented by

District Dialogues: Addressing the Wealth Gap
2022-05-12 19:00 - 20:30 (America/New_York) | Federal Reserve Bank of Richmond, 701 E Byrd St, Richmond, Virginia, 23219, United States
You’re invited to the Federal Reserve Bank of Richmond for District Dialogues, a forum that gives community members a unique opportunity to engage with experts about economic issues facing the Fifth District and beyond. The next installment in the series, Addressing the Wealth Gap, will explore black-white wealth disparities and their consequences for the economy. Join us Thursday, May 12 from 7:00 – 8:30 p.m. to hear a panel of experts field audience questions related to the origins of these disparities, their economic impact, and opportunities to address them. Registration is required, but there is no cost to attend.

This event is open to anyone interested in the racial wealth gap and the role of policy, including educators, school administrators, state and local policymakers, workforce development professionals, and community and business leaders.

Register

Location

The event will take place at the Richmond Fed in downtown Richmond, with a virtual attendance option available for those who cannot gather in person. In-person attendees will be required to follow the Richmond Fed’s COVID-19 protocols. Details will be provided in advance of the event.

Presented by

Investment Connection - New Mexico
2022-05-12 11:30 - 13:45 (America/Denver) | Virtual Event
During Investment Connection, community development proposals that would receive CRA consideration are presented to potential funders. The lending and investment opportunities presented will be exclusively in New Mexico. Funding requests range from $25,000 to $2.5 million, and geographic target areas range from single community developments to statewide efforts. Presentations on eight new and existing community and economic development proposals from across New Mexico will be shared.

Typical proposals address:

Affordable HousingAsset Building, Financial Access, Capability and EmpowermentBroadband Services / Digital InclusionCommunity Services and FacilitiesDisaster ReliefSmall Business Development / MicrolendingWorkforce Development / Economic Development

Presenters have seven minutes to share information about their organization and proposal, followed by three minutes of questions from funders. This is an great way to learn about new and existing organizations and opportunities in community and economic development.

For additional information and testimonials about Investment Connection, please visit the Kansas City Fed’s Investment Connection page. The program is also featured in the Fed Communities three-part story series, Investment Connection: Getting to ‘We Have a Deal’.

Who should attend

This event is for the funding community including:

financial institutionsfoundationsphilanthropistslocal, state and federal government

To participate, please contact

Ariel CisnerosLead Community Development AdvisorFederal Reserve Bank of Kansas CityDenver Branchariel.cisneros@kc.frb.org

Presented by

Ask the Regulators and Connecting Communities: CRA Reform Update: Overview of the Interagency CRA Notice of Proposed Rulemaking
2022-05-11 15:00 - 16:00 (America/New_York) | Virtual Event
On May 5, the Federal Reserve Board (Board), Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) jointly released a Notice of Proposed Rulemaking (NPR) that would reform the Community Reinvestment Act (CRA) regulations. The CRA seeks to address inequities in access to credit for low- and moderate-income, as well as underserved rural communities. The agencies seek public feedback on the joint proposal and comments are due on or before August 5, 2022.

On Wednesday, May 11, 2022, at 3:00 ET, the agencies will jointly host a special Ask the Regulators/Connecting Communities webinar for all CRA stakeholders that will provide an overview of the proposal and its objectives. Topics will include assessment areas, qualified activities, evaluation approach, ratings, and data collection and reporting. The session will be presented jointly by CRA policy experts from the Board, OCC, and FDIC.

Watch the webinar

Download presentation materials

Participation is free, but pre-registration is required. We strongly encourage participants to use the webinar audio on their computer for the best experience. Webinar materials will be archived for future viewing.

Presented by

Environmental Economics and Policy
2022-05-06 09:15 - 18:00 (America/New_York) | Federal Reserve Bank of New York, 33 Liberty Street, New York, NY, 10045, United States
On Friday, May 6, 2022, the Federal Reserve Bank of New York and Columbia University Center for Environmental Economics and Policy (CEEP) will jointly host an in-person conference on environmental economics and policy, with speakers including New York Fed President John C. Williams and a keynote address by Ben Harris, Assistant Secretary for Economic Policy at the U. S. Department of Treasury.Economists will present research on topics including how low-income communities are disproportionately impacted by climate risks, the unintended consequences of mandatory flood insurance, and how different neighborhoods react to flooding. A reception will follow.

Register

Event Details

Date and TimeMay 6, 20229:15am – 6:00pm ET

LocationFederal Reserve Bank of New YorkAuditorium33 Liberty StreetNew York, NY

AudienceThis event is open to the public and media. Registration is available through the registration link. All remarks are on the record and the event will be recorded. For media inquiries, please contact Ellen Simon at ellen.simon@ny.frb.org.

Agenda

9:15-9:30 am

Opening remarks

John C. Williams, President and Chief Executive Officer, Federal Reserve Bank of New York

9:30-12:00 pm

Session 1: Unequal Effects of Climate Change

Moderator: Charles Taylor, Columbia University

9:30-10:15 am

Surge of Inequality: How Different Neighborhoods React to Flooding

Ana Varela Varela, Assistant Professor, University of Amsterdam

10:15-11:00 am

Within City Disparate Temperature Effects Of Climate Change

Presenter: Clara Berestycki, Columbia University(Co-author: Wolfram Schlenker, Professor, Columbia University)

11:00-11:15 am

Break

11:15-12:00 pm

Unintended Consequences of “Mandatory” Flood Insurance

Presenter: Kristian Blickle, Financial Economist, Federal Reserve Bank of New York(Co-author: Joao Santos, Policy Leader for Microprudential Supervision, Federal Reserve Bank of New York)

12:00-1:00 pm

Lunch

1:00-2:00 pm

Keynote Address

Ben Harris, Assistant Secretary for Economic Policy, U.S. Department of Treasury

2:30-5:00 pm

Session II: Economic And Financial Stability Under A Changing Climate

Moderator: Tarikua Erda, Columbia University

2:30-3:15 pm

Climate Stress Testing

Presenter: Hyeyoon Jung, Economist, Federal Reserve Bank of New York(Co-authors: Robert Engel, Professor, Stern School of Business, NYU; Richard Berner, Professor, Stern School of Business, NYU)

3:15-4:00 pm

Global Warming and Labor Market Reallocation

Jose-Luis Cruz, Princeton University

4:00-4:15 pm

Break

4:15-5:00 pm

Mitigating Disaster Risks in the Age of Climate Change

Presenter: Harrison Hong, Professor, Columbia University(Co-authors: Neng Wang, Professor, Columbia University; Jingiang Yang, Professor, Shanghai University of Finance and Economics)

5:00-5:05 pm

Closing Remarks

Joao Santos, Policy Leader for Microprudential Supervision, Federal Reserve Bank of New York

5:00-6:00 pm

Reception

Speakers

Ana Varela VarelaAssistant ProfessorUniversity of Amsterdam

Clara BerestyckiPh.D. CandidateColumbia University

Kristian BlickleEconomistFederal Reserve Bank of New York

Ben HarrisAssistantSecretary for Economic PolicyUS Department of Treasury

Hyeyoon JungEconomistFederal Reserve Bank of New York

Jose-Luis CruzPh.D. CandidatePrinceton University

Harrison HongProfessor of Financial EconomicsColumbia University

Resources

Visit the New York Fed’s page on Community Development.

Understanding the Rental-Market Impacts of Rent Stabilization Policy Choices
2022-05-04 12:30 - 13:30 (America/Chicago) | Virtual Event
Rent regulation policies vary widely across the United States. What do we know about their effects on rental markets, tenants, and property owners? Do differences in the policies’ design matter? Urban Land Institute Minnesota and the Federal Reserve Bank of Minneapolis are partnering with experts from across the housing sector to present a four-part, virtual event series featuring research-based, evidence-driven conversation on rent regulation. We invite you to join us as we discuss these important questions.

Our second session will provide a deeper dive into the rental market implications of rent stabilization policy choices. How do different segments of the housing market respond to price controls? What factors go into setting and indexing a controlled rent rate? Who benefits from rent stabilization policies? How does the design of rent stabilization policies influence housing supply and local markets?

Register

Speakers

David Garcia, Policy Director, Terner Center for Housing Innovation, University of California Berkeley

Jackelyn Hwang, Assistant Professor of Sociology, Stanford University

Michael Wilkerson, Senior Economist and Director of Analytics, ECONorthwest

Moderator: Stephanie Brown, Executive Director, Urban Land Institute Minnesota

Presented by

Investing in Rural Prosperity: Major Rural Community Trends
2022-04-25 12:00 - 13:00 (America/New_York) | Virtual Event
In this first of four webinars, we will be discussing significant rural trends that will shape opportunities and challenges for rural communities in the future.

Join us for an exciting webinar on rural development. Authors of chapters from the Federal Reserve System’s new book, Investing in Rural Prosperity, will provide deeper insight into innovative ways rural communities can approach development. Authors will be discussing significant rural trends that will shape opportunities and challenges for rural communities in the future.

Register

Speakers and Topics

Cynthia DuncanSenior Fellow, Meridian InstituteTopic: Marginalization of Rural Communities in the U.S.

Kenneth JohnsonSenior Demographer and Professor of Sociology, University of New HampshireTopic: Demographic Lifeline to Rural America: Latino Population Growth in New Destinations, 1990-2019

Jose Enrique GarcilazoDeputy Head of Division and Head of Regional and Rural Policy Unit at OECDTopic – Megatrends and Implications for Rural Development Policy

Andrew DumontFederal Reserve Board of GovernorsSenior Community Development AnalystTopic: An Overview of Investing in Rural Prosperity

Get the Book

To download the complete book, Investing in Rural Prosperity, visit Investing in Rural Prosperity | St. Louis Fed (stlouisfed.org).

Contact Event Specialist

Dell Gines Lead Community Development AdvisorFederal Reserve Bank of Kansas CityOmaha Branchdell.gines@kc.frb.org

Rent Stabilization: Policy Choices and Impacts
2022-04-11 15:30 - 16:30 (America/Chicago) | Virtual Event
Join the Minneapolis Fed for this kickoff session of a four-part webinar series addressing policies on rent regulation and tenant stability.

Register

Event details

Rent-regulation policies vary widely across the United States. What do we know about their effects on rental markets, tenants, and property owners? Do differences in the policies’ design matter? Urban Land Institute Minnesota and the Federal Reserve Bank of Minneapolis are partnering with experts from across the housing sector to present a four-part, virtual event series featuring research-based, evidence-driven conversation on rent regulation. We invite you to join us as we discuss these important questions.

This kickoff session will first provide an overview of rent-stabilization policies that are in place around the nation. Panelists will then join our keynote speaker for a moderated conversation about what economic research reveals about how different design features of rent-stabilization policies impact renters and rental-housing markets.

Speakers

Sophie HouseDirector of Law and PolicyHousing Solutions LabFurman CenterNew York University

Libby StarlingDirectorCommunity Development and EngagementMinneapolis Fedmoderator

Ed Goetz DirectorCenter for Urban and Regional AffairsUniversity of Minnesota

Jenny SchuetzSenior FellowBrookings MetroBrookings Institution

Presented by
