Nishesh Chalise works to bridge the gap between data and real-world application, providing a path forward for economists, community leaders, and researchers. The post Nishesh Chalise connects research and community perspectives through equity work appeared first on Fed Communities ..read more

CDFIs shared innovative practices for consumer and small business finance business lines in their responses to the Federal Reserve’s 2023 CDFI Survey. The post CDFI innovations in consumer and small business finance appeared first on Fed Communities ..read more

Utilizing qualitative data from various sources helps paint a comprehensive picture of economic well-being and guides policy discussions at the Federal Reserve. Amidst uncertainties, staying connected to the pulse of real-world experiences remains key. The post How the Fed goes beyond the data to try to make the economy work for everyone  appeared first on Fed Communities ..read more

While the impacts of wildfire smoke are widespread, not all communities share in them equally. This post explores the hidden economic impacts of wildfire smoke, with new data on how it hits low-income communities hardest. The post Unveiling the effects of wildfire smoke on vulnerable communities appeared first on Fed Communities ..read more

Heirs’ property situations can strain family relationships and put billions of dollars of wealth at stake. Read one woman’s story and learn how she’s now working to help others preserve their family ties, homes, and financial stability. The post Losing the family home, with ripples down the bloodline  appeared first on Fed Communities ..read more

Two unlikely partners—the New York Fed and SAMHSA—are teaming up in Puerto Rico to highlight and address the connection between mental health, addiction issues, and economic outcomes. The post A key but underrecognized economic driver: Behavioral health appeared first on Fed Communities ..read more

Worker Voices participants described weighing the tradeoffs of self-employment from the independence it gave to its income generation potential. This research found that participants were pushed or pulled into self-employment for a variety of factors and their experiences did not align with their expectations of this work. The post Worker Voices Special Brief: Self-Employment, Dreams Versus Reality appeared first on Fed Communities ..read more

The 2023 CDFI Survey offers insights on impact measurement and management for community development financial institutions (CDFIs). Learn about output and outcome metrics, challenges, and implications for capacity building among CDFIs. The post CDFI Survey findings on output and outcome tracking appeared first on Fed Communities ..read more

Atlanta Fed bank examiner Jessica LeVeen Farr has a background in bank financing and community development. The dual experiences have proved invaluable in her current role supporting banks’ complying with the Community Reinvestment Act by investing in the communities they serve. The post Bank examiner Jessica LeVeen Farr bridges community development and regulatory worlds appeared first on Fed Communities ..read more

Jane Santa Cruz shares how collaboration and partnerships help communities grow and achieve their goals. The post Collaboration and service motivate Jane Santa Cruz’s community development work appeared first on Fed Communities ..read more