Here’s what nonprofit and community leaders, and workforce professionals serving lower-income people shared with the Federal Reserve for the January 2025 Beige Book. The post Community perspectives and conditions from the Fed’s Beige Book, January 2025 appeared first on Fed Communities ..read more

As physical bank branches close, some residents and small businesses in resulting banking deserts struggle to access essential financial services. In some communities, CDFIs are stepping in to help fill this gap. The post The last bank branch standing appeared first on Fed Communities ..read more

Check out the latest community development-related research, analyses, and articles from all 12 Federal Reserve Banks and the Board of Governors. This post captures content published between October 1 and December 31, 2024, on topics affecting marginalized communities. The post The Quarterly Catch-up, Q4 2024 appeared first on Fed Communities ..read more

Here’s what nonprofit and community leaders, and workforce professionals serving lower-income people shared with the Federal Reserve for the November 2024 Beige Book. The post Community perspectives and conditions from the Fed’s Beige Book, November 2024 appeared first on Fed Communities ..read more

Dozens of experiments across the country aim to mitigate workers’ benefits cliffs as their incomes rise and assistance lessens. A coalition of 13 of these pilots now plans to share what they have learned and practiced with policymakers, employers, and funders. The post Coalition draws on local benefits cliff lessons to inform national approach  appeared first on Fed Communities ..read more

Increasingly frequent and severe flooding can have devastating impacts on communities. The Federal Reserve Banks of New York, Cleveland, and Philadelphia examine flood risk in their regions and the implications for low-and-moderate income communities. The post Lower-income neighborhoods face greater flood risk, tougher recovery appeared first on Fed Communities ..read more

Sam Porter brings her previous public service work to help the Philadelphia Fed promote economic growth and improve access to opportunity in underserved communities. The post Samantha Porter unites applied research and outreach in her community development work  appeared first on Fed Communities ..read more

During this Connecting Communities webinar, New York Fed Staff and community leaders discussed solutions to address urgent climate and community needs that affect vulnerable and lower-wealth communities of color. Watch or listen on demand. The post [Watch] Exploring Possibilities of Investing Now for Prosperous, Sustainable Neighborhoods appeared first on Fed Communities ..read more

Here’s what nonprofit and community leaders, and workforce professionals serving lower-income people shared with the Federal Reserve for the October 2024 Beige Book. The post Community perspectives and conditions from the Fed’s Beige Book, October 2024 appeared first on Fed Communities ..read more

As mission-driven lenders, community development financial institutions (CDFIs) invest their funds and capacity building in underserved areas. The Opportunity Finance Network (OFN) supports these unique organizations, working with the Fed to understand CDFIs’ impact. The post Opportunity Finance Network: It takes more than money to serve the underserved appeared first on Fed Communities ..read more