Community Development & District Engagement
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Summer Climate Risk in Los Angeles: Wildfire Smoke’s Disparate Community Impact
At the SF Fed, we’re conducting research to quantify the economic impact of wildfire smoke across the region because climate risk affects our core responsibilities of conducting monetary policy, regulating and supervising the bank system, and ensuring a safe and sound payment system. Our Community Development team looked at wildfire smoke in the LA region over time and its potential effects on the economy and disadvantaged populations. Here’s what we learned.
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Promoting Economic Participation through Regional Equity
What is regional equity? How does it impact the economy? What are indicators of regional equity, and what are the considerations for policymakers? Senior Researcher Elizabeth Mattiuzzi examines these questions and how regional equity relates to the SF Fed’s work.
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What We Learned from CDFIs about Climate Resilience
The SF Fed’s Community Development team recently held a roundtable focused on understanding the impact of climate risk on Community Development Financial Institutions (CDFIs) and the important work they do in LMI communities. Here’s what we heard.
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Reimagining Financial Systems to Create Thriving Economies
The SF Fed’s Community Development team offers lessons learned from the 2022 National Interagency Community Reinvestment Conference (NICRC), which sought to spark ideas, conversations, and actions to reimagine the community development field.
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Perspectives from Alaska
Meeting with business and community leaders throughout our District is a key component of the Fed’s work. Recently, SF Fed Regional Executive Darlene Wilczynski visited Alaska, where she learned about the state’s unique economic challenges and opportunities.
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Housing and Access to Credit Are Two Sides of the Financial Inclusion Coin
While insufficient access to financial systems is understood as a problem for people with low incomes, SF Fed senior researcher in Community Development, Rocio Sanchez-Moyano, looks at how people of color and immigrant communities struggle for financial equity, independent of income levels.
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How Do Homeowner Experiences Vary by Race and Ethnicity? Neighborhood Differences between Hispanic and White Homebuyers
Rocio Sanchez-Moyano, senior researcher in Community Development, shares findings of significant differences between Hispanic and White homebuyers—even when they had similar financial and demographic profiles and were buying homes of the same value within the same metros.
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Introducing a Federal Reserve Series on Early Care and Education: Cost, Affordability, and Racial Equity
The pandemic highlighted the important role early care and education (ECE) plays in the economy. To dig deeper into some of the key issues in this sector, the Federal Reserve is releasing a series of articles that discuss the cost, affordability, and racial equity issues related to high-quality ECE.
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What We Learned from Community Development Professionals about Climate Resilience
In the first post of our Understanding Climate Risk series, our Community Development team highlights five takeaways from their recent climate risk survey of community development practitioners.
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What We’ve Learned about Fintech, Racial Equity, and Financial Inclusion
For the launch of latest issue of Community Development Innovation Review, the SF Fed and Aspen Institute Financial Security Program partnered to host a discussion on the opportunities technology can create to support economic inclusion and address racial inequities through decreased costs, mobile access, and redefining consumer risk. Get key takeaways from the event.