Maria Carmelita Recto and Edison Reyes, Communications and Outreach

In the United States, buying and owning a home is seen as a critical wealth-building tool, particularly for lower-income households and people of color.

Tony Davis, Dominic Ramos-Ruiz, and Javier Silva, Communications and Outreach

More than 38 million people in the U.S. were considered food insecure in 2020, relying on food pantries and community-based programs to stave off hunger. Hunger and food insecurity have dire economic consequences. For instance, young children who experience food insecurity tend to be less prepared for school, with lifelong impacts on earnings and health.

Belicia Rodriguez and Edison Reyes, Communications and Outreach

The New York Fed gathered experts for two recent roundtable discussions to learn about the impact of extreme heat and poor air quality on low- and moderate-income communities and communities of color. Here are five takeaways from the discussions:

Claire Kramer Mills and Edison Reyes, Communications and Outreach

Solar power installations in residential homes have long been a luxury good, with high upfront costs creating an insurmountable hurdle for low-income homeowners, and incentives that leave out renters.

Belicia Rodriguez and Javier Silva, Communications and Outreach

Less than a year after they purchased their first home, Daphany Rose Sanchez and her family were on the roof, surrounded by water, waiting to be rescued.