Community Development at the Federal Reserve
The Federal Reserve’s Community Development function was established in 1981 to assist financial institutions meet their obligations under the Community Reinvestment Act (CRA). The System’s Community Development offices across the country — composed of more than 120 employees — perform many functions, including:
- helping banks identify regional credit needs and lending opportunities in low- and moderate-income (LMI) communities;
- forging partnerships and sharing information to promote sustainable community development;
- producing research and data analysis to help close gaps in information needed to improve the economic strength of LMI communities; and
- providing information and promoting awareness of investment opportunities for financial institutions, government agencies, and organizations that serve these communities.
By furnishing valuable information on the dynamics of LMI communities, Community Development complements the Federal Reserve System’s work as a research institution.
For questions about the Federal Reserve's Community Development programs, please contact us at email@example.com.
District Community Development Contacts
To view contact information, click on any district. (View Text Version)