Connecting Communities: Innovative Models to Create a More Equitable Lending Landscape for Underserved Entrepreneurs
2021-08-12 15:00 - 16:00 (America/New_York) | Virtual Event
The pandemic exposed deep structural inequities in America’s financial system. When COVID-19 hit the US, it became clear that millions of Americans and small businesses were disconnected from our banking system. This session will cover the kinds of partnerships and innovative programs that were created to help fill the capital void for the small businesses that are struggling the most.

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Event details

The public and private sectors collaborated in a number of states to set up funds to provide responsible and affordable credit to these small businesses. The California Rebuilding Fund and the Southern Opportunity and Resilience (SOAR) Fund are key examples of these partnerships. Both programs saw community groups, community development financial institutions, and private and philanthropic capital (and in California’s case, the state government) come together to provide low-interest loans to businesses.

A number of new models have arisen that may continue to be used long-term to provide small-business owners—particularly those that are underserved by traditional financial institutions—with capital to survive and grow. This panel brings together thought leaders within these sectors to discuss these new partnerships and models, as well as methods of creating opportunities for a more equitable lending landscape. Speakers will also inform the ways federally-funded and state-led capital access efforts can help scale these innovative programs to help them thrive long-term.

Speakers

Beth Bafford, vice president of syndications and strategy, Calvert Impact CapitalTahreem Kampton, corporate treasurer and chief investment officer, MicrosoftRocio Sanchez-Moyano, senior researcher, Federal Reserve Bank of San Francisco (facilitator)Luz Urrutia, CEO, Accion Opportunity FundMatuschka Lindo Briggs, director of special projects and strategic support, Federal Reserve Bank of St. Louis (moderator)

Fed@YourDesk: The Economic Gains from Equity
2021-08-12 14:00 - 14:30 (America/New_York) | Virtual Event
In the United States, gender and race remain largely unexplained predictors of labor market outcomes in the economy. The disproportionate impact of COVID-19 on women and communities of color will likely increase associated disparities. The presenters will explain how these disparities have hindered economic activity in significant ways and could continue to do so. Join this session to learn

How disparities have evolved over the past two decadesWhere disparities are most pronounced, including employment, hours worked, educational attainment, and occupationEconomic costs of educational and labor market disparitiesWhat the dollar cost is to the economy

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Speakers

Speakers will discuss their recent publication. Questions are encouraged and can be submitted in advance of the presentation.

Laura Choi, vice president, community development, Federal Reserve Bank of San FranciscoLily Seitelman, research associate, Federal Reserve Bank of San FranciscoShelby Buckman, research associate, Federal Reserve Bank of San Francisco

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Addressing the Long-Term Unemployment Crisis
2021-08-04 14:00 - 15:30 (America/New_York) | Virtual Event
The Federal Reserve Bank of Atlanta’s Center for Workforce and Economic Opportunity and AARP invite you to join us on Wednesday, August 4, at 2 p.m. (ET) for a virtual event, Addressing the Long-Term Unemployment Crisis. This conversation will focus on the current long-term unemployment crisis and what innovative solutions are available to support the long-term unemployed.

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The economic fallout from the COVID-19 pandemic has resulted in millions of new long-term unemployed individuals. As the country continues to reopen, many long-term unemployed workers may return to the workforce, but individuals will be reentering a job market that looks different from a year and a half ago. Businesses large and small embraced technology and automation in new ways, accelerating trends that existed before COVID-19. These individuals will need training, guidance, and support to reenter the workforce successfully.

Previous economic crises have shown that the long-term unemployed have historically found it more challenging to find reemployment. Ongoing high levels of long-term unemployment can lead to more discouraged job seekers dropping out of the labor force. When long-term unemployment is widespread, as it is now, especially among job seekers ages 55 and older, the effects on the labor force can be long-lasting and influence economic recovery more broadly.

Presented by

Federal Reserve Bank of Atlanta Center for Workforce and Economic Opportunity

AARP

Toward an Inclusive Recovery: Improving Labor Force Attachment and Financial Security Among Low-income and Marginalized Workers
2021-08-03 14:00 - 17:00 (America/New_York) | NY
View presentation slides from the seminar.

Join us August 3 for a research seminar focused on issues related to the employment experiences of low-income workers during the pandemic and how to improve the financial security of these workers.

Seminar details

Millions of people experienced unemployment and other labor disruptions as a result of the COVID-19 pandemic. As people return to work and our economy begins to expand, the community development field—including the financial, government, philanthropic, and nonprofit sectors—has an opportunity to collectively advance policies and actions that support an inclusive and equitable recovery. Come learn about the challenges workers face and how the community development field can play a role improving the financial security of our workforce.

This seminar is part of a Federal Reserve Community Development Research Seminar Series focused on supporting an inclusive recovery. Each seminar in the series will present research illuminating an issue critical to our economy, and presenters will discuss how the community development field can use these findings to support a recovery that benefits everyone.

Speakers

Governor Michelle W. Bowman, Federal Reserve Board of GovernorsEric Belsky, Director of the Division of Consumer and Community Affairs, Federal Reserve Board of GovernorsMarianne Bitler, Professor of Economics at the University of California, DavisEliza Forsythe, Assistant Professor at the School of Labor & Employment Relations and Department of Economics at the University of Illinois, Urbana-ChampaignTodd Greene, Institute Fellow at the Urban Institute, Executive Director of WorkRiseClaire Montialoux, Assistant Professor at the Goldman School of Public Policy at the University of California, BerkeleyJonathan Morduch, Professor of Public Policy and Economics at the Wagner Graduate School of Public Service at New York University, Executive Director of the Financial Access InitiativeAngela Rachidi, Senior Fellow and Rowe Scholar, American Enterprise InstituteChristopher Rauh, University Lecturer at the University of Cambridge, Fellow at Trinity College CambridgeRobert Valletta, Senior Vice President and Associate Director of Research at the Federal Reserve Bank of San FranciscoMatuschka Lindo Briggs, moderator, Director of Special Projects and Strategic Support, Federal Reserve Bank of St. Louis

Agenda

2:00-2:15 pm ET

Welcome and introductory remarks

Eric Belsky, Federal Reserve Board of GovernorsGovernor Michelle W. Bowman, Federal Reserve Board of Governors pre-recorded

2:15-3:30 pm ET

Panel 1: Labor Force Attachment

Labor markets during the COVID pandemicEliza Forsythe, Assistant Professor at the School of Labor & Employment Relations and Department of Economics, University of Illinois, Urbana-Champaign

Lessons from the UK and GermanyChristopher Rauh, University Lecturer, University of Cambridge; Fellow at Trinity College Cambridge

Unemployment insurance policiesRobert Valletta, Senior Vice President and Associate Director of Research, Federal Reserve Bank of San Francisco

Reflect on commentsTodd Greene, Institute Fellow, Urban Institute; Executive Director, WorkRise

30-minute moderated Q&A

3:30-3:40 pm ET

Break

3:40-4:55 pm ET

Panel 2: Financial Security

Challenges from income volatility among low-wage workersJonathan Morduch, Professor of Public Policy and Economics, Wagner Graduate School of Public Service, New York University; Executive Director, Financial Access Initiative

Proposals for direct income supportsMarianne Bitler, Professor of Economics, University of California, Davis

Minimum wage policiesClaire Montialoux, Assistant Professor, Goldman School of Public Policy, University of California, Berkeley

Reflect on commentsAngela Rachidi, Senior Fellow and Rowe Scholar, American Enterprise Institute

30-minute moderated Q&A

4:55-5:00 pm ET

Closing

Matuschka Lindo Briggs, Federal Reserve Bank of St. Louis

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Toward an Inclusive Recovery

More events from the 2021 Federal Reserve Community Development Seminar Series.

Understanding and Empowering Women’s Economic Participation

October 21, 202111:00 am – 1:30 pm ET

This seminar will explore issues related to women’s economic declines during the pandemic and the ability of women to participate equally in existing markets, post-recession.

Increasing Housing Security of Vulnerable Renters through Rental Assistance

Date & time to be announced

This seminar will present research examining the effectiveness of rental assistance programs in reducing housing insecurity among renters during the COVID-19 pandemic.

Leveraging Workers' Skills for an Inclusive Economy: Tools, Resources, and Evidence
2021-07-22 12:00 - 13:30 (America/New_York) | NY
Join WorkRise and the Federal Reserve Bank of Philadelphia to explore evidence-based tools and resources designed to create pathways for economic mobility and opportunity for workers historically excluded from good jobs.

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Event details

As the U.S. economy reopens, many Americans are reassessing their priorities and relationship to work. Workers are realizing their potential and seeking better wages and opportunities, particularly those who held low-wage jobs before the pandemic. Many workers, however, may not have the resources to pursue additional education and training on their own. At the same time, some employers are shifting to inclusive hiring practices that focus on job seekers’ skills and competencies rather than degrees and credentials, which can screen out qualified candidates.

Researchers and practitioners from WorkRise’s partner institutions will consider how these tools and resources support workers’ efforts to leverage their existing skills and past work experience to signal their value in the labor market and employers’ growing interest in skills-based hiring. We will highlight insights that enable workforce intermediaries and decision makers to facilitate occupational transitions and stronger matches between local talent and demand. We will also identify gaps in knowledge about effective interventions for promoting mobility in the labor market.

Visit speaker and program details.

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Rural Policy Summit: A Profile of Rural Pennsylvania
2021-07-22 09:00 - 10:00 (America/New_York) | NY
The July 22 session will kick off the 2021 Rural Policy Summit series by providing a broad demographic overview of rural Pennsylvania, which will help set the stage for the monthly sessions that will begin in September and wrap up in January 2022. Registration for the July 22 kickoff event is now open.

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Event details

The 2021 Rural Policy Summit is a virtual series that will bring together a wide range of stakeholders, including policymakers, nonprofit leaders, academic researchers, industry professionals, and others interested in rural policy, to learn about and discuss major policy issues that will affect rural Pennsylvania over the next five to 10 years. The five topic areas for the series are:

EducationHealth careLocal servicesEconomic developmentAgriculture

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Addressing Climate Risk through Equitable Community Development
2021-07-21 12:00 - 13:30 (America/Los_Angeles) | NY
Climate change poses substantial risks to our economy, our financial system, and our communities. Low- and moderate-income (LMI) communities and communities of color are disproportionately vulnerable to more frequent and severe climate shocks and stresses such as fires, floods, droughts, and extreme heat. Join the San Francisco Fed on July 21 for a virtual event on climate risk in the western United States. Participants will learn about the broad financial and economic impacts of climate change and explore how the community development field can take action to advance equitable climate adaptation and resilience. Our program is designed to educate and inspire nonprofits, community groups, banks, CDFIs, foundations, state and local government, and business leaders.

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Speakers

Laura ChoiCommunity Affairs Officer and Vice President, Community DevelopmentFederal Reserve Bank of San Francisco

Fernanda NechioVice President of Sustainable Growth, Economic ResearchFederal Reserve Bank of San Francisco

Tom CunninghamVice President, Supervision + CreditFederal Reserve Bank of San Francisco

Elizabeth Mattiuzzi, Ph.DSenior Researcher, Community DevelopmentFederal Reserve Bank of San Francisco

Carol GorePresident and CEOCook Inlet Housing Authority

Ladd Keith, Ph.D.Assistant Professor, Planning & Chair, Sustainable Built EnvironmentsSchool of Landscape Architecture and Planning, The University of Arizona

Alvaro S. SanchezVice President of PolicyThe Greenlining Institute

Wilma J. Wooten, M.D., M.P.H.Public Health Officer and Director of Public Health ServicesCounty of San Diego Health and Human Services Agency

Visit the event registration page for speaker profiles.

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Ask the Fed: Current Expected Credit Losses (CECL)- Scaled CECL Allowance for Losses Estimator (SCALE) Method
2021-07-15 14:00 - 15:00 (America/New_York) | NY
The Federal Reserve is releasing a new tool to help community banks implement the Current Expected Credit Losses (CECL) accounting standard. Known as the Scaled CECL Allowance for Losses Estimator, or “SCALE,” the spreadsheet-based tool draws on publicly available regulatory and industry data to aid community banks with assets of less than $1 billion in calculating their CECL allowances. Join Federal Reserve staff for an Ask the Fed webinar on the SCALE method for determining expected credit losses under CECL. The Financial Accounting Standards Board (FASB) and the Conference of State Bank Supervisors (CSBS) will also participate in the webinar.

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Following this event, the SCALE spreadsheet-based tool will be available at the CECL Resource Center. For more details about the tool, read the press release from the Board of Governors of the Federal Reserve System.

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Ask the Fed® is a program of the Federal Reserve Bank of St. Louis.

Inclusive and Resilient Recovery: Career Pathways to Household Financial Well-Being
2021-07-15 11:00 - 12:30 (America/New_York) | NY
How does career advancement contribute to household financial well-being? Structural barriers create obstacles to career advancement for many individuals. Aligned efforts of employers, community nonprofits, and government safety net programs can help to create short-term financial resilience and longer-term economic mobility for workers in the Southeast. Join the Atlanta Fed to learn how career advancement is tied to household financial well-being and economic mobility on Thursday, July 15, from 11 am to 12:30 pm ET.

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Event details

National and southeastern experts will add their voices to this discussion. Attendees will leave this webinar with:

An introduction to the Atlanta Fed’s Advancing Careers work with a focus on the connection between career pathways and household financial well-beingA deeper understanding of the lived reality of structural barriers to economic self sufficiencyInsights into how employers, government, and nonprofits can work in alignment to make sure jobs promote economic mobility

Household financial well-being offers a foundational lens for understanding the day-to-day impacts of the racial wealth gap, occupational segregation, and credit and housing markets that leave many families behind. It helps us imagine and activate workable, inclusive solutions for improved economic mobility and resilience.

Speakers

Dave Altig, Executive Vice President and Director of Research, Federal Reserve Bank of AtlantaBrittany Birken, Community and Economic Development principal adviser, Federal Reserve Bank of Atlanta moderatorMonesia Brown, Director of Public Affairs and Government Relations, WalmartAlex Camardelle, Director of Workforce Policy, Joint Center for Political and Economic StudiesTalethia Edwards, Grassroots Organizer and Executive Director of the Hand Up ProjectAlicia Johnson, Executive Director, Step Up Savannah Inc.

Presented by

This event is part of the Atlanta Fed’s Inclusive & Resilient Recovery series.

Rural Community Action Assembly: Equitable Entrepreneurial Ecosystems, Tourism, and Seasonality
2021-07-15 10:00 - 12:30 (America/New_York) | NY
This assembly will be an examination of the role that equity plays in sustaining entrepreneurial ecosystems, tourism, and revitalization. Speakers will present on economic development and small business models from outside the commonwealth, giving attendees the opportunity to consider the implementation of these models in Pennsylvania. Leaders and staff from foundations, community development financial institutions (CDFIs), local and regional governments, economic development entities, and anchor institutions are encouraged to register and participate in this learning and networking opportunity.

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Ask Us Anything: The Cost of Inequality in the Labor Market
2021-07-14 13:30 - 14:30 (America/New_York) | NY
Join the Atlanta Fed for a conversation on how making economic systems more equitable encourages growth in state and national gross domestic product. Our guest speakers include Kathyrn Edwards, economist for the RAND Corporation; Clair Minson, founder and principal consultant at Sandra Grace LLC, and Atlanta Fed visiting scholar; and William Rodgers, incoming vice president and director of the Federal Reserve Bank of St. Louis’s Institute for Economic Equity. The panel will discuss the benefits that closing the racial wage gap would have on economic growth for a community and the mobility for workers of color.

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Successful Strategies in Tribal Enterprise Diversification
2021-07-14 13:00 - 14:00 (America/North_Dakota/Center) | NY
This Center for Indian Country Development Policy (CICD) webinar will explore how diversification is a critical strategy for tribal economic resilience and stability. It is the second session in a series focused on understanding and addressing the strategic business decisions, challenges, and opportunities tribal enterprises face in today’s economic landscape.

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Event details

Since time immemorial, tribal nations have innovated ways to provide for their communities’ well-being and prosperity. By necessity and through the exercise of self-determination, tribes have successfully created revenue-generating tribal enterprises and corporations. These tribal business entities not only fund the provision of public goods and services but also increase the capacity of tribes to expand and stabilize their economies and communities. As tribal business enterprises grow in capacity, size, and diversity, so does their role as important drivers of economic activity in Indian Country and beyond.

Join us to hear from tribal enterprise leaders who will discuss their experiences with diversification as a strategy for achieving long-term stability and economic resilience. Get a glimpse of economic-activity data across Indian Country and recent Federal Reserve Bank of Minneapolis-CICD research on tribal-business formation. Speakers will:

Provide a high-level overview of the scope of tribal enterprise activities across Indian Country.

Share the unique role tribal enterprises play in employment and revenue production for tribal communities and governments.

Provide examples of tribal enterprise diversification challenges and successes.

Demonstrate ways tribal businesses are an economic multiplier in both tribal and regional economies.

Speakers

Matthew Gregg, Senior Economist, CICD

Annette Hamilton, Chief Operating Officer, Ho-Chunk Inc.

Chris James, President and Chief Executive Officer, National Center for American Indian Enterprise Development (Moderator)

Chad Klinck, Chief Financial Officer, Creek Indian Enterprise Development Authority

Joe Nayquonabe, Chief Executive Officer, Mille Lacs Corporate Ventures

Presented by

Racism and the Economy: Focus on Criminal Justice
2021-07-13 12:00 - 15:00 (America/New_York) | NY
The seventh installment of the Racism and the Economy event series focuses on how racism in the criminal justice system impacts the economy. The criminal justice system has frequently failed to live up to its name, with damaging social and economic consequences. Keynote speakers will examine the origins and contemporary context of the U.S. criminal legal system, followed by thought leaders and practitioners who will discuss strategies to address the system’s disparate impacts on the economic security of Indigenous people and communities of color. The session explores how overrepresentation of people of color and Indigenous people in the criminal legal system compromises the performance of the overall economy.

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Speakers

Chanda Smith Baker, Chief Impact Officer and Senior Vice President, Minneapolis Foundation (moderator)Raphael Bostic, President, Federal Reserve Bank of AtlantaJennifer Doleac, Associate Professor of Economics, Texas A&M UniversityKeith Ellison, Minnesota Attorney GeneralYvette Gentry, Director of Justice and Opportunity, Metro United WayPhillip Atiba Goff, Carl I. Hovland Professor of African American Studies and Professor of Psychology, Yale University, and Co-Founder & CEO, Center for Policing EquityKelly Lytle Hernandez, Professor and Thomas E. Lifka Chair of History, University of California, Los Angeles, and Faculty Director of Million Dollar HoodsNeel Kashkari, President, Federal Reserve Bank of MinneapolisWalter Katz, Vice President of Criminal Justice, Arnold VenturesDavid Muhammad, Executive Director, National Institute for Criminal Justice Reform (moderator)Clark Neily, Senior Vice President for Legal Studies, Cato InstituteVictor Rios, Professor and Associate Dean of Social Sciences, University of California, Santa BarbaraRachael Rollins, Suffolk County District AttorneyEric Rosengren, President, Federal Reserve Bank of BostonNicholas Turner, President, Vera Institute of JusticeKevin Washburn, Dean, University of Iowa College of LawAndrea Young, Executive Director, ACLU of Georgia

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Investment Connection Application Training & Information Session
2021-07-08 10:00 - 11:00 (America/New_York) | NY
This session for community-based organizations and nonprofit organizations will provide an overview of CRA-defined community development activities. Plus, learn how to submit an Investment Connection application, the do’s and don’ts of drafting your proposal, and about financial documentation required to submit a proposal.

From July 5-30, the Richmond Fed’s Investment Connection application portal will be open to community-based and nonprofit organizations serving rural communities in regions served by the Federal Reserve Bank of Richmond. Potential applicants are strongly encouraged to attend this live Application Training & Information Session via Zoom on July 8 or to view applicant training videos prior to applying.

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About Investment Connection

Through Investment Connection, organizations may submit community and economic development projects through an online Request for Proposal application process. These projects are housed in an online database that is accessible to bankers, CDFIs, foundations and other funding entities seeking to invest in their region.

The Federal Reserve Bank of Richmond is not a grantmaking organization. The purpose of Investment Connection is to facilitate education, information sharing and potential opportunities related to the CRA. The Richmond Fed does not endorse or make any representations as to the propriety or suitability of the participating organizations investments or programs. Organizations should perform their own due diligence before engaging in any transactions with these entities to ensure that any such transactions meet the organization’s objectives.

Discussing Race and Inequality in the Classroom: COVID's Impact on Economic Well-being
2021-06-30 12:00 - 13:30 (America/New_York) | NY
How does racial inequality impact economic mobility and opportunity and the economy as a whole? Industry experts and well-known researchers and economists will share their views on COVID-19’s impact on economic well-being, with a special emphasis on how the pandemic has affected minority communities. There is no cost to attend, but please register no later than 9 a.m. the day of the event, June 30.

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Event details

The keynote presentation will be followed by a panel discussion on the factors driving wealth disparities among different racial groups, and possible solutions. Teachers, students and professors are welcome to attend as we address income disparity, financial service inequity, generational wealth gaps, and more.

A video recording of the event will be available afterward.

Speakers

Jeff LarrimoreKeynoteChiefConsumer and Community Development ResearchFederal Reserve Board of Governors

Juliana Menasce HorowitzPanelistAssociate director of researchPew Research Center

Indivar Dutta-GuptaPanelistCo-executive directorGeorgetown Center on Poverty and InequalityGeorgetown Law

Mary SuiterModeratorAssistant vice president and Economic Education officerSt. Louis Fed

Presented by

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Rural Community Action Assembly: Community Foundations, CDFIs, and Regional Revitalization
2021-06-30 10:00 - 12:30 (America/New_York) | NY
This assembly will be an examination of community capital ecosystems for regional revitalization, with an emphasis on the impact of partnerships between philanthropy, mission-based lenders, and local leaders on quality of life, job and population growth, and attracting external capital to a region. Speakers will present on revitalization models implemented in Kansas, Michigan, and other regions, giving attendees the opportunity to consider the implementation of these models in Pennsylvania. Leaders and staff from foundations, community development financial institutions (CDFIs), local and regional governments, economic development entities, and anchor institutions are encouraged to register and participate in this learning and networking opportunity.

Register

Presented by

Harnessing the American Rescue Plan Act to Support Innovation in Child Care
2021-06-24 12:00 - 13:00 (America/Los_Angeles) | NY
Join the San Francisco Fed and Low Income Investment Fund on June 24 to learn how states can use American Rescue Plan Act (ARPA) funds to provide relief and advance systemic change in the child care field. ARPA will bring an unprecedented amount of funding to this critical sector of our economy, but these funds are not ongoing. Come learn how to use ARPA funds to change the long-term sustainability and scalability of child care while centering the needs of providers and working families. This event is part of the Investing in the Future of Child Care initiative.

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Speakers

Humberto EstratalánDirector of PolicyUNITE-LA

Shelly MasurState Director, CaliforniaCouncil for a Strong America

Denise TanataNevada Early Childhood Comprehensive Systems DirectorThe Children’s Cabinet

Visit the event registration page for speaker profiles.

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Policy Summit 2021: Pathways to Economic Resilience in Our Communities
2021-06-23 09:00 - 2021-06-25 13:00 (America/New_York) | NY
Policy Summit is a regional conference that explores solutions at the practitioner and policy levels to challenges that low- and moderate-income communities face. The biennial multi-day event offers its audience of researchers, academics, practitioners, and policymakers the latest research and best practices through presentations and real-world conversations.

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Racial Equity Strategies: How Financial Institutions Can Effectively Support Minority-Owned Small Businesses
2021-06-09 13:00 - 14:30 (America/Los_Angeles) | NY
Join us June 9th to discuss how the banking sector can develop strategies that serve entrepreneurs of color and bolster local economies. Small businesses are crucial to the nation’s economy and are important sources of employment and wealth building, particularly for minority communities. The number of minority-owned businesses has grown rapidly in recent years, and their success and ability to access funding is important to promoting economic opportunity and growth.

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Event details

Come learn about the state of minority-owned businesses, insights on their performance, access to financing, and experiences in the credit market. Presenters will share findings from the Federal Reserve Small Business Credit Survey and spotlight products and partnerships that expand access to diverse types of capital and deepen the impact of technical assistance and resources. Banks, MDI’s, CDFIs and other small business intermediaries will share their approaches that seek to improve the success of minority-owned small businesses, including strategies that address gaps in capital availability and reduce the business ownership gap for entrepreneurs of color.

Register today to learn about disparities minority-owned small businesses face and how capital providers can better incorporate a racial equity lens to enhance lending.

Who should attend?

The program is designed for attendees from banks, CDFIs, credit unions, community based organizations and technical assistance providers.

Speakers

Wil HobbsSVP/Community Impact DirectorCommunity Bank of the Bay

Joyce KleinDirector, Business Ownership InitiativeThe Aspen Institute

Titi IkhileDirector of Lending & ConsultingWorking Solutions

Lucas MiseraPolicy Analyst, Community DevelopmentCleveland Fed

Julius RobinsonManaging Director, Corporate Social ResponsibilityMUFG Union Bank, N.A.

Visit the event registration page for speaker profiles.

Presented by

Capital Quest: Connecting Capital to Communities
2021-06-03 13:00 - 14:30 (America/New_York) | NY
The Federal Reserve Bank of New York’s Community Development team, in partnership with the U.S. Impact Investing Alliance, is hosting a virtual event on June 3, 2021 focused on the expanding pool of impact investing funders, how new sources of investment can strengthen the low- and moderate-income communities hardest hit by the pandemic, and the New York Fed’s plans to connect communities with funds.

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Event details

The event will open with remarks by David Erickson, head of Outreach and Education at the New York Fed, who will detail his team’s new strategic approach to bridging communities and capital. He will also discuss the team’s new focus areas within the diverse world of community development.

In addition, the event will include a discussion between Fran Seegull, president of the U.S. Impact Investing Alliance, and Otho Kerr, the New York Fed’s director of strategic partnerships and community impact investing, a newly created role unique within the Federal Reserve system.

Finally, the event will feature a panel of impact investors discussing the future of the field and some of the early successes they’ve seen.

In conjunction with the event, the New York Fed and the U.S. Impact Investing Alliance will release a new report written by the Alliance, Impact in Place: Emerging Sources of Community Investment Capital and Strategies to Direct it at Scale.

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Launch Event - Workforce Realigned: How New Partnerships Are Advancing Economic Mobility
2021-06-03 12:30 - 14:00 (America/New_York) | NY
The national launch of Workforce Realigned: How New Partnerships Are Advancing Economic Mobility, a book from the Federal Reserve Banks of Atlanta and Philadelphia and Social Finance, will be a 90-minute virtual program. The event will explore the emergence of a new generation of cross-sectoral partnerships focused on better outcomes for workers. It will draw on examples from the recently released book (and beyond) and highlight efforts to build a better workforce system through shared accountability, aligned incentives, and a more careful and thoughtful allocation of financial risks across workers, employers, and governments. View the full agenda.

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Speakers

Raphael Bostic, President and Chief Executive Officer, Federal Reserve Bank of AtlantaPatrick Harker, President and Chief Executive Officer, Federal Reserve Bank of PhiladelphiaNicholas Kristof, Columnist, New York TimesBrian Moynihan, Chairman and Chief Executive Officer, Bank of AmericaTracy Palandjian, Chief Executive Officer and Cofounder, Social FinanceGina M. Raimondo, Secretary of Commerce, U.S. Department of CommerceDarren Walker, President, Ford Foundation

Visit the Atlanta Fed’s event page for speaker bios.

Presented by

Opportunity Occupations: Pathways to Success
2021-06-02 15:30 - 16:30 (America/Chicago) | NY
Which jobs pay above the national median wage but don’t require a bachelor’s degree? Where can these jobs be found and how can students prepare for them? Learn more about opportunity occupations, workforce development, and lessons and personal finance resources to support middle and high school students in this ECONnections webinar. Those who attend will receive a certificate of participation. This webinar is free but registration is required by Monday, May 31.

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Presented by

Racism and the Economy: Focus on Entrepreneurship
2021-06-02 12:00 - 14:30 (America/New_York) | NY
The sixth installment of the Racism and the Economy event series focuses on the impact of racism on entrepreneurs of color. The session will examine solutions that challenge persistent disparities and explore the potential for entrepreneurship to serve as one pathway to transform economic outcomes for communities of color and the broader economy.

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Keynote

Robert E. Weems Jr., Willard W. Garvey Distinguished Professor of Business History, Wichita State University

Speakers

Raphael Bostic, President, Federal Reserve Bank of AtlantaKelly Burton, Executive Director, Black Innovation AllianceNicole Childers, Executive Producer, Marketplace Morning Report (moderator)Charles Evans, President, Federal Reserve Bank of ChicagoPatrick Harker, President, Federal Reserve Bank of PhiladelphiaVictor Hwang, Founder and CEO, Right to StartRobert Kaplan, President, Federal Reserve Bank of DallasNeel Kashkari, President, Federal Reserve Bank of MinneapolisMonika Mantilla, President and CEO, Altura Capital

Presented by

Mental Health in Communities of Color: Economic Implications and Policy Solutions
2021-05-26 10:00 - 11:15 (America/New_York) | NY
The Federal Reserve Bank of New York, in partnership with Comunilife, is sponsoring an event on the pandemic’s impact on mental health in communities of color, including the correlation between depression and anxiety and economic factors such as lost income. This event is part of a broader body of work the New York Fed is undertaking on the economic drivers of health and wellbeing. Nearly $1 trillion is spent annually in the U.S. on chronic health conditions that stem from poverty and structural disparities. Preventing these chronic conditions would have broad economic benefits. Full agenda.

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Speakers

Rosa M. Gil, Founder, President & CEO, Comunilife, Inc., and Deputy Chair of the New York Fed Board of Directors moderatorAnn Marie T. Sullivan, M.D., NYS State Commissioner of Mental Health Theresa Torres, Chief Diversity Officer, Federal Reserve Bank of New YorkOlivier Armantier, AVP Research Economist from the Federal ReserveNirmita Panchal, Senior Policy Analyst of the Kaiser Family FoundationSherry Glied, dean of the Wagner Graduate School of Public Service at NYUAdam Brown, associate professor of clinical psychology and vice provost for research, The New School.Dr. Alfiee Breland-Noble, founder of the AAKOMA Project.

Presented by

Health-Care Workforce Pipelines, Apprenticeships, and Community Health Worker Models
2021-05-20 10:00 - 12:30 (America/New_York) | NY
This assembly will be an examination of rural workforce demand and supply, talent recruitment, a medical assistant apprenticeship model in Washington state, and community health worker models. Leaders and staff from health systems, clinics, workforce training and funding programs, and educational institutions are encouraged to register and participate in this learning and networking opportunity.

Register

Speakers

Steven Johnson, President, UPMC SusquehannaAlyssa Burgess, Workforce Development Coordinator, Washington Association for Community Health Lisa Anne Davis, Director, Pennsylvania Office of Rural Health Sarice Greenstein, Assistant Director for Training and Development, Penn Center for Community Health Workers Micah Gursky, Rural Health Clinic Administrator and Director of Business Development & Physician Relations, St. Luke’s Miners Rural Health Clinics

Presented by

Investment Connection LIVE - Maryland & Greater Washington, D.C.
2021-05-20 10:00 - 12:00 (America/New_York) | NY
Register by May 18, 2021

Investment Connection highlights organizations with community and economic development projects that are potentially eligible for funding or financing under the Community Reinvestment Act. These projects aim to support people and businesses in communities with low and moderate incomes or are distressed or underserved. Selected organizations have a unique opportunity to pitch their proposals to bankers, CDFIs, foundations and other funding entities with similar missions. During this live virtual pitch session, organizations will present lending, investment and service opportunities available in Maryland and Greater Washington, D.C. Projects address small business and farm finance, affordable housing and racial equity. Visit the Richmond Fed’s event page for participating organizations.

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Who should attend

Funding entities seeking to provide grant, equity investment, financing, and/or service support to projects deemed potentially eligible for Community Reinvestment Act. These include bankers, foundations, government entities, and non-profit organizations.

Potential funders can register for a free, no-obligation account with username and password to view proposals available for funding by visiting the Investment Connection Funders Portal.

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The Federal Reserve Bank of Richmond is not a grantmaking organization. The purpose of Investment Connection is to facilitate education, information sharing and potential opportunities related to the CRA. The Richmond Fed does not endorse or make any representations as to the propriety or suitability of the participating organizations investments or programs. Organizations should perform their own due diligence before engaging in any transactions with these entities to ensure that any such transactions meet the organization’s objectives.

Ask Us Anything: Labor Policy Reform for a Cohesive Workforce Development Sector
2021-05-19 13:30 - 14:30 (America/New_York) | NY
Join the Atlanta Fed for a conversation on the key components of workforce development system reform and how labor policy can be updated to meet the needs of our current economy and develop the workforce of the future. Speakers will discuss how labor policy can be evolved from a scattered set of approaches to a cohesive system that empowers workers and improves economic outcomes. This webinar is the second of five webinars in 2021 discussing recommendations from the Better Employment and Training Strategies (BETS) Taskforce briefs focused on workforce improvements through the Build Back Better plan.

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Speakers

Maria Flynn, president and chief executive officer at Jobs for the Future (JFF)Chike Aguh, chief innovation officer for the U.S. Department of LaborLarry Good, president and CEO of the Corporation for a Skilled WorkforceEarl Buford, incoming president and CEO at the Council for Adult and Experiential Learning

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Scaling Equitable Solar Finance: A Financial Innovations Roundtable Event
2021-05-19 13:00 - 15:00 (America/New_York) | NY
Solar industry stakeholders, project developers, and members of the financial sector will gather in a virtual discussion to identify how community financial institutions, such as credit unions, community banks and Community Development Financial Institutions can finance solar installations in low-income communities and communities of color. Full agenda.

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Event details

The plenary session, a culmination of previous working sessions, will identify capital needs across low-income solar finance; identify policy barriers to scaling low-income solar development across project types and business models; engage a broad group of stakeholders in solar development, community development finance, philanthropy, mainstream finance, and climate and energy policy to attract interest and support for efforts to scale low-income solar finance.

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Connecting Communities: Exploring the Intersection of Health and Economic Equity
2021-05-13 15:00 - 16:00 (America/New_York) | NY
Good health enables individuals and families to engage in their social and economic lives. It allows them to contribute and benefit from the economy; although, the ability to achieve this level of health is not equal for all. Differences in health outcomes exist across many factors, including economic status, education, race and ethnicity, and geography. Working towards health equity means that every person has the opportunity to attain their full health potential, and no one is disadvantaged from achieving this potential because of their position in society or other socially-determined circumstances.

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Event details

As COVID-19 spread throughout the country, its impact rippled through all facets of communities and the economy. As a result, the interdependency between health and the overall economy was made even more evident than it previously was. The pandemic reminds us of the importance of health as we work towards economic equity.

In this session, speakers will focus on the impact of COVID-19, historical and structural barriers to health equity, the relationship between health and economic equity, and practices to encourage equitable health.

Speakers

Bobby Milstein, director of system strategy, ReThink HealthJason Purnell, vice president of community health improvement, BJC HealthcareRuth Thomas-Squance, senior director of field building, Build Healthy Places NetworkNishesh Chalise, director of community-based policy and analysis, Federal Reserve Bank of St. LouisMatuschka Lindo Briggs, director of special projects and strategic support, Federal Reserve Bank of St. Louis (moderator)

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Inclusive and Resilient Recovery: Household Financial Well-Being in the Southeast
2021-05-13 13:00 - 14:00 (America/New_York) | NY
What is household financial well-being? What is the relationship between income, expenses, and wealth-building? How has COVID-19 affected our ability to make ends meet? Join the Atlanta Fed to unpack what we mean by household financial well-being and how it is crucial to an inclusive and resilient recovery. National and southeastern experts will add their voices to this discussion.

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Event details

Household financial well-being is a lens that grounds us in the lived experience of people in our communities. It focuses us on day-to-day impacts of the racial wealth gap, occupational segregation, and credit and housing markets that leave many families behind. With the financial well-being perspective, we can imagine and activate workable, inclusive interventions for economic mobility and resilience.

After the webinar, you’ll have

A definition of household financial well-being and how it relates to economic resilience during shocks like COVID-19A deeper understanding of the cash flow and net worth challenges that households are currently facingLearnings about systems-level strategies to improve household financial well-being across the southeast

The presentation and panelists will discuss financial well-being and its relationship to an inclusive and resilient recovery for the whole economy.

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