Losing public assistance benefits when their income goes up incentivizes some workers to stay in low-paying jobs. It discourages others who are willing to work from joining the workforce. Explore the issue and what's being done.
“Native Community Development Financial Institutions (CDFIs) know the needs of the communities they serve. Placing the funds in the hands of those CDFIs produces better results,” says Pete Upton, Executive Director for the Native360 Loan Fund and interim CEO for the Native CDFI Network (NCN).
Experience Investment Connection—from pitch to impact—with small business owners, community organizers, and bankers, and the Federal Reserve community development experts bringing them together.
“Banks and nonprofits need mutually beneficial relationships,” says Paul Woodruff. Investment Connection encourages organizations to highlight what both the nonprofits and the banks have to gain.
In 2011, Ariel Cisneros from the Kansas City Fed invited Rob Smith to pitch at Investment Connection. In the three years following the event, Smith raised about $300,000. The funding came at a pivotal moment.
The American Voices Project began as a way to study US poverty. It has grown into a trove of personal narrative and oral history of how people across the US experienced the COVID-19 pandemic.