Community Development & District Engagement
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Three Takeaways from “Addressing Climate Risk through Equitable Community Development” Webinar
Climate change is creating risks for the economy, financial system, and our communities. Our recent webinar examined the risks climate change poses to the economy and financial system and the implications of these risks for low-income communities and communities of color. Here are key takeaways from the discussion.
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Community Development Corporations: Preserving Cultural and Economic Space through COVID-19
Community Development Corporations (CDCs) are cultural and economic anchors in their communities. Naomi Cytron spoke with four San Francisco Bay Area CDCs about the unique challenges they face in the COVID-19 recovery as well as the supports they need to continue to serve communities.
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Survey: Understanding Climate-Related Risks Faced by Low- and Moderate-Income Communities and Communities of Color
Climate shocks and stresses create and exacerbate personal and financial risks for marginalized communities. We’re surveying community development practitioners in the Twelfth Federal Reserve District to understand how climate-related risks affect communities and what they need to remain economically stable and thrive in the face of climate-related events.
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Moving the Needle on Board Diversity
Senior VP of Public Engagement Robin Rockwood explores the importance of diversity and sets a new goal for representation in the board room. She also details how the Bank’s dedication to inclusion and equity in the community improves the quality of deliberation and decision-making.
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Introducing the Investing in the Future of Child Care Steering Committee
Last year, we launched Investing in the Future of Child Care (IFCC) to take a deep dive into the challenges facing the child care market as well as the investments and partnerships needed to support child care providers. As part of our commitment to listen and learn from the communities we serve, we’re excited to introduce the IFCC Steering Committee.
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What We Learned about Residential Instability in the Bay Area
Using data on mobility from the Federal Reserve Bank of New York’s Consumer Credit Panel/Equifax Data, we examined the moves of individuals in the San Francisco Bay Area from 2002–2018 to better understand moving patterns by socioeconomic status. Here’s what we found.
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A Thriving Labor Force Starts At Birth: The Role of Community Development in Reducing Racial Health Inequities at Birth
Birth outcomes are a reflection of how well we are doing as a country. And unfortunately, we are doing poorly relative to comparable countries, even prior to the current crisis related to COVID-19. Broadening the framework of how we think about health and developing approaches to interrupt cycles of intergenerational inequities is essential to our future labor force and to our economy on the whole.
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A Closer Look at Modernizing the Community Reinvestment Act
SF Fed bank examiners took an in-depth look at the Advance Notice of Proposed Rulemaking for the Community Reinvestment Act. From their webinar, we learn about the ANPR process and ways to modernize the CRA.
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Strategies for Equitable Climate Finance
The impacts of climate change on the economy present urgent challenges, particularly for disadvantaged communities. In this post, Ian Galloway and Elizabeth Mattiuzzi share learnings on equitable climate finance from the 2020 Financial Innovations Roundtable.
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Why We Should All Care About the Fate of Child Care
Before the COVID-19 pandemic, the child care industry was undervalued. Now, child care centers are in danger of being closed for good. What can we do to support the child care market, which is essential for parents to participate in the workforce?