Michael Eggleston is a senior community development specialist with the Federal Reserve Bank of St. Louis.
Smaller companies need capital to survive and thrive. Here’s how a $1.5 billion program bolstered lending in the Midwest and beyond.
The St. Louis Fed’s Mike Eggleston discusses the Community Investment Explorer (CIE), which aggregates over 500,000 transactions from three programs that drive investment into underserved communities—LIHTC, CDFI and NMTC. This new tool shows geographic comparisons and trends over time in a way that is easily customizable.
This federal program aided the redevelopment of commercial real estate, operating businesses and more after the hurricane.
Read about the implications of disparities in consumer credit in LMI neighborhoods across metropolitan areas for both residents and regulated financial institutions that serve these markets.
Sun Ministries in North St. Louis is providing opportunities to hard-to-employ residents through enterprises including a woodshop, cafe, maintenance business and more—all with no public funding.
The St. Louis Fed’s Mike Eggleston discusses how CDFI certification for credit unions impacted Ferguson, Mo., and how it can greatly benefit low- and moderate-income members.
St. Louis Fed Community Development Specialist Mike Eggleston explains an initiative designed to prepare youth to thrive in the labor market.