Community Development
What’s New?
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A New Book Promoting Inclusive Development in Rural America
Rural communities that support inclusive development and tap into the potential of all their residents will have a competitive advantage in the economy of the future. Investing in Rural Prosperity offers ideas for how rural communities can pursue growth that leads to greater economic opportunity for everyone.
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Low- to Moderate-Income Community Development Outlook for Communities of Color in the Eighth District
Our Institute for Economic Equity reviews the economic conditions, including the impact of COVID-19, of LMI individuals and communities of color within our District.
See more articles in the most recent Bridges.
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New Tool Explores Community Investments for Metro and Micro Areas
The St. Louis Fed’s new Community Investment Explorer 2.0 aggregates over 73 million transactions totaling over $3.2 trillion in community and economic development capital from 2012 to 2020 across 10 programs. Explore the interactive maps to learn where capital is going, how equitably is it being distributed, and for what purposes is it serving.
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Main Street Perspectives: How COVID-19 Is Affecting Low- to Moderate-Income Communities
COVID-19 continues to have a profound effect on people nationwide. The Federal Reserve System is identifying specific challenges that low- to moderate-income (LMI) communities are facing. “Perspectives from Main Street: The Impact of COVID-19 on Communities and the Entities Serving Them” summarizes a nationwide survey of nonprofits, financial institutions, government agencies and other organizations serving urban, suburban and rural communities. It will be updated throughout 2020 and is co-authored by the St. Louis Fed.
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The St. Louis Fed’s Institute for Economic Equity: Pursuing an Economy That Works for Everyone
The new institute will examine how marginalized people interact with the economy, and IEE will also advance policy analysis to foster a more equitable economy.
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Bank On National Data Hub
The Bank On movement is designed to improve the financial stability of America’s unbanked and underbanked. The St. Louis Fed and Cities for Financial Empowerment (CFE) Fund established the Bank On National Data Hub to show metrics from financial institutions related to account openings, account usage and consistency, and online access. This national reporting infrastructure represents an important step forward for accessible banking efforts.