Federal Reserve Bank of San Francisco

Community Development

Faith-Based Organizations - Volume 13, Issue 3

Community Investments

The CRA encourages financial institutions to use intermediaries to expand their capacity for delivering community development services; and faith-based organizations have long been recognized as one of the most prominent and successful examples of intermediaries. And, while faith-based community development organizations represent only a subset of all community-based organizations, their presence may actually be more far reaching than secular providers. Because even in communities without a community development corporation, there is a faith organization.

The views expressed are not necessarily those of the Federal Reserve Bank of San Francisco or of the Federal Reserve System. Material herein may be reprinted or abstracted provided Community Investments is credited. Please provide our Community Development Department with a copy of any publication in which material is reprinted.

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Table of Contents

Editor’s Notebook
Lena Robinson

Small Congregations and Asset-Based Community Development
Eliza M. Carney

Faith-Based Initiative Overview
Fred Mendez

Fishing by Faith
Reverend Mark Whitlock

District Update

Islamic Finance and the U.S. Banking System
Margaret Tyndall

Jewish Community Federation
Jeff Goldman

Catholic Community Development
Amy Widestrom

Blessed Housing
Russell Beck