The Federal Reserve Bank of San Francisco

Highlights Unemployment in Low-Income Communities Community Investments: Volume 21, Issue 1, 2009 In this issue, we address the challenges that low-income communities face in times of high unemployment and explore a variety of workforce development efforts that can improve prospects for low-wage and low-skilled workers. This issue also includes a new “look,” new quarterly features, and timely updates on relevant community development topics, such as the National Community Stabilization Trust and innovations around the Earned Income Tax Credit.     Working Paper Series: May, 2009 The Economic Crisis and Community Development Finance: An Industry Assessment :: Mark Pinsky, Nancy Andrews, Paul Weech, Ellen Seidman, Rick Cohen     The Enduring Challenge of Concentrated Poverty in America: Case Studies from Communities Across the U.S., a joint project of the Federal Reserve System and the Brookings Institution, contributes to our understanding of the dynamics of poor people living in poor communities, and the policies that will be needed to bring both into the economic mainstream. Download Full Report (PDF 6.8MB)  Download Fresno Case Study (PDF 684KB)     Foreclosure Resource Center For the latest information on the Federal Reserve's efforts to mitigate the impact of foreclosures, including local data presentations and research reports, visit our new Foreclosure Resource Center.     Programs and Information Community Reinvestment Act (CRA) Information on the CRA, its implementing regulations, the regulatory agencies, and other resources to assist in complying with and understanding the CRA. Events and Conferences Participate in one of the many events sponsored by the Community Development Department. Community Development Issues From affordable housing to "banking the unbanked," learn more about community development issues and initiatives within the Federal Reserve's 12th District. Publications Access online copies of Community Investments, the Community Development Investment Review, and research papers. Center for Community Development Investments The Center is dedicated to innovations in research and practice that increase the flow of investment capital to low- and moderate-income communities. About Us Learn more about the Community Development Department and its staff.