At our December summit on community development finance, Transforming Communities: Driving and Assessing Investment, it became clear that organizations financing community development are at a crossroads.
January 16, 2018
January 5, 2018
Monthly Wrap‑Up: December 2017
A recap of insights, analysis and discussions we don’t want you to miss. Each month we compile key highlights from selected publications, events and perspectives to provide you with a deeper look into the work we do at the New York Fed.
December 11, 2017
Transforming Communities: Driving and Assessing Investment
This Tuesday, December 12, the Local Initiatives Support Corporation (LISC) and the New York Fed will convene a summit on community development finance. Transforming Communities: Driving and Assessing Investment will advance critical dialogues around defining how community development finance tools can support under-resourced areas, determining the metrics to assess impact, and identifying opportunities for partnerships. Ahead of the conference, we asked senior leaders Denise Scott from LISC and Eric Belsky from the Federal Reserve Board about their views on these issues — from the perspectives of both the policymaker and the practitioner.
Posted in Community Development | Permalink
December 6, 2017
Monthly Wrap‑Up: November 2017
A recap of insights, analysis and discussions we don’t want you to miss. Each month we compile key highlights from selected publications, events and perspectives to provide you with a deeper look into the work we do at the New York Fed.
November 27, 2017
On the Road Again: Syracuse, Ithaca, and Rochester Aim for a More Inclusive Economy
For our third regional visit of the year, we traveled to Syracuse, Ithaca, and Rochester. The stops on our trip varied widely — from visiting a drone accelerator site, to meeting with members working on an anti-poverty initiative. Throughout, we heard from community leaders about their efforts to address challenges, such as developing a strong workforce and tackling poverty. We also learned about the promising industries in their communities and their hopes for future growth.
Posted in Regional Visits | Permalink
November 20, 2017
CoDeFi: Our Efforts to Transform Communities
Promoting community development is an important function of the Federal Reserve System. Through a variety of programming and analysis, the New York Fed seeks to help advance economic mobility and resiliency of communities across the Second District. As part of that effort, we encourage capital providers to allocate funding to innovative, measurable, and impactful projects. This year, we’ve taken steps to formalize our work and create a new team in the Outreach & Education function focused on this space by launching the Community Development Finance initiative (CoDeFi).
Posted in Community Development | Permalink
November 3, 2017
Monthly Wrap‑Up: October 2017
A recap of insights, analysis and discussions we don’t want you to miss. Each month we compile key highlights from selected publications, events and perspectives to provide you with a deeper look into the work we do at the New York Fed.
October 11, 2017
Credit Access: A Window Into Economic Well‑Being
Last week, we released the City of Rochester Credit Profile, a prototype report for assessing economic well-being at the neighborhood level. It’s based on our Community Credit framework, and to understand what’s new and why this is significant, we’ll take a step back and explain the framework first.
Posted in Community Development | Permalink
October 2, 2017
Monthly Wrap‑Up: September 2017
A recap of insights, analysis and discussions we don’t want you to miss. Each month we compile key highlights from selected publications, events and perspectives to provide you with a deeper look into the work we do at the New York Fed.
September 25, 2017
On the Job to Promote Workforce Development
We’re midway through our third roadshow of the year, which has given us the opportunity to visit local business, education, and community leaders in Syracuse, Ithaca, and Rochester, New York. This morning, President Dudley delivered remarks on workforce development during our first stop at Onondaga Community College.
Posted in Community Development | Permalink
