Press Releases

Community Development

 
Date Title Category
December 1, 2011 Federal Reserve Holds Conference on Strategic Investment in Distressed Communities

The Richmond Fed is sponsoring a conference with the Federal Reserve Board of Governors focusing on identifying innovative ways to use data to spur more strategic investment in older communities.

Community Development
June 16, 2011 Richmond Fed Holding Community Development Week Events in Baltimore

The Federal Reserve Bank of Richmond, in collaboration with national, regional, and local partners, is holding several events from June 20-25. The events focus on housing and community financing and are being held at the Bank's Baltimore Branch, located at 502 S. Sharp St.

Community Development
June 13, 2011 Richmond Fed Holding Workshop on Nonprofit Leadership

The Federal Reserve Bank of Richmond will hold a workshop for nonprofit organizations seeking to recruit business and financial professionals to their boards.

Community Development
May 31, 2011 Broadband Access Focus of New 5th District Footprint

The Federal Reserve Bank of Richmond has published its latest 5th District Footprint, which maps the presence of broadband infrastructure across the Fifth District.

Community Development
May 27, 2011 Richmond Fed Sponsors Small Business Workshop in Fayetteville, N.C.

The Federal Reserve Bank of Richmond, in partnership with the North Carolina Institute of Minority Economic Development and Fayetteville State University's Small Business Technology Development Center, is holding a forum for small business owners at Fayetteville State University on June 7.

Community Development
April 7, 2011 Richmond Fed Introduces New Online Map Publication

The Federal Reserve Bank of Richmond's latest online publication, "5th District Footprint," provides a spatial analysis of various types of issues affecting communities in the region. The publication will be available online six times a year.

Community Development
March 8, 2011 Richmond Fed Holding Neighborhood Stabilization Event in Winston-Salem

The Federal Reserve Bank of Richmond is holding a forum on community land trusts on March 17, 2011, in Winston-Salem, N.C. Community Land Trusts: A Model for Neighborhood Stabilization and Revitalization will feature consultants from Burlington Associates, a leading provider of technical assistance to community land trusts in the United States, discussing how to effectively use land trusts to support neighborhood stabilization efforts and preserve long-term affordable housing.

Community Development
January 11, 2011 UPDATE - Richmond Fed Holding Forum for Minority- and Women-Owned Small Businesses

The Federal Reserve Bank of Richmond is holding a forum to help provide knowledge and resources for minority and women small business owners.

Community Development
Date Title Category
December 10, 2010 Richmond Fed Holds Awards Event For Student Video Contest

The Federal Reserve Bank of Richmond is hosting a movie premiere for its Share the Wealth: A Financial Literacy Video contest to present awards to the winning financial education videos.

Community Development
November 9, 2010 Richmond Fed Sponsors South Carolina Forum on Small Business Finances

The Federal Reserve Bank of Richmond, along with several South Carolina partners, is holding a forum on small business credit issues on Nov. 16, 2010, at Midlands Technical College's Northeast Campus at the Center of Excellence for Technology in Columbia, S.C.

Community Development
October 26, 2010 Forum Focuses on Economic Benefits of Car Ownership

The Federal Reserve Bank of Richmond and the National Consumer Law Center, with the support of the Annie E. Casey Foundation, are hosting a national forum on cars and working families on October 29, 2010, at the Federal Reserve Board of Governors in Washington, D.C.

Community Development
October 25, 2010 Richmond Fed Holds Forum on Community Land Trusts

The Federal Reserve Bank of Richmond's Community Affairs department is holding a forum on community land trusts on October 26, 2010. Community Land Trust: A Shared Equity Model will feature consultants from Burlington Associates, discussing how to effectively use the land trusts to preserve long-term affordable homeownership and stabilize neighborhoods impacted by foreclosure.

Community Development
October 8, 2010 Richmond Fed Puts Map Resources Online

The Federal Reserve Bank of Richmond's Community Affairs Department has released an online compilation of maps using public data compiled for the Fifth Federal Reserve District – Virginia, Maryland, North Carolina, South Carolina, the District of Columbia and most of West Virginia.

Community Development
July 15, 2010 Richmond Fed and Opportunity Finance Network Hold CDFI Meeting

The Federal Reserve Bank of Richmond and the Opportunity Finance Network will host the 2010 Opportunity Finance Network Southeast Regional Meeting on July 19 and 20 in Richmond.

Community Development
July 13, 2010 Richmond Fed Launches Online Community Data Repository

The Community Affairs Department of the Richmond Fed is launching an online data repository designed to streamline local community development data from the U.S. Census Bureau's American Community Survey.

Community Development
June 11, 2010 Richmond Fed Small Business Roundtable Set in Baltimore

As part of the Federal Reserve System’s ongoing series Addressing the Financing Needs of Small Business, the Federal Reserve Bank of Richmond is hosting a small business roundtable on June 14, 2010, from 8:30 a.m. to 10:30 a.m. at its Baltimore branch. This roundtable is one in a series of forums on small business access to credit and support services being held across the country.

Community Development
May 3, 2010 Richmond Fed, Fannie Mae, Capital Area Foreclosure Network Hold Training

The Federal Reserve Bank of Richmond, the Capital Area Foreclosure Network and Fannie Mae are hosting the Washington Metro Area Tenants Conference to help educate mortgage servicers, realtors, local government representatives, housing counselors and attorneys on new federal and state laws for tenants facing foreclosure.

Community Development
April 15, 2010 Federal Reserve Presenting Small Businesses Credit Forum in Chapel Hill

The Federal Reserve Bank of Richmond is holding a forum on small business credit issues on April 20 from 8:30 a.m. until 1 p.m. in the William and Ida Friday Center for Continuing Education at the University of North Carolina in Chapel Hill, N.C.

Community Development
April 30, 2010 Richmond Fed Sponsors Legal Training on Mortgage Issues

The Federal Reserve Bank of Richmond is teaming with Civil Justice Inc., a Maryland nonprofit public interest law firm, to host the second free basic training for attorneys on how to review home purchase contracts and mortgage loan documents.

Community Development
April 21, 2010 Federal Reserve Bank of Richmond co-sponsors foreclosure prevention event

The Federal Reserve Bank of Richmond joins Housing Opportunities Made Equal and the city of Richmond to help co-sponsor a home preservation clinic to help Virginia homeowners who may be at risk of foreclosure. Free foreclosure counseling sessions and fraud prevention counseling will be offered on April 24 from 9 a.m. to 4 p.m. at the Blackwell Community Center at 300 E. 15th Street in Richmond.

Community Development
March 23, 2010 Pro Bono Attorney Training Assists Maryland Homeowners Avoid Mortgage Scams

The Federal Reserve Bank of Richmond and Civil Justice Inc., a Maryland nonprofit public interest law firm, will sponsor pro bono attorney training as part of the Maryland Mortgage Fraud Prevention Project.

Community Development
Date Title Category
December 15, 2009 Maryland Renters and Foreclosure Conference Press Release

The Federal Reserve Bank of Richmond will host the Maryland Renters and Foreclosure Conference on Thurs., Dec. 17, which will explore the impact on state renters of the new federal Protecting Tenants at Foreclosure Act (PTFA).

Community Development
November 10, 2009 Fed Employee Honored for Contributions in Baltimore

Ellen Janes, regional manager for community development in Baltimore for the Federal Reserve Bank of Richmond, has been named the winner of the 2009 Frances Morton Froelicher Civic Statesman Award, given by the Citizens Planning and Housing Association.

Community Development
October 19, 2009 Richmond Fed Presenting Research on Possible Community Development Financing Gaps

The Federal Reserve Bank of Richmond will present research that identifies and analyzes possible gaps in service areas for community development financial institutions in the Southeast at a conference Oct. 27.

Community Development
September 4, 2009 The Richmond Fed and UNC Charlotte present "Moving Forward in the New Economy"

The Federal Reserve Bank of Richmond and The Belk College of Business at UNC Charlotte will host a panel discussion, "Moving Forward in the New Economy." The program will take place Tuesday, Sept. 22 from 5:00 to 8:00 p.m. at UNC Charlotte's Harris Alumni Center.

Community Development
August 24, 2009 Richmond Fed Working with HOPE NOW, NeighborWorks America to Help Homeowners

As more homeowners find themselves at risk of foreclosure, knowing where to turn for guidance becomes increasingly important. The Federal Reserve Bank of Richmond is joining HOPE NOW, Making Home Affordable, the Maryland Department of Housing and Community Development and NeighborWorks America to sponsor two free, public events for borrowers in greater Washington, D.C., who are facing foreclosure.

Community Development
April 2, 2009 Richmond Fed Partners with HOPE NOW and NeighborWorks America to Help Homeowners

Growing numbers of homeowners in the region are at risk of foreclosure and may be unsure of where to turn for guidance.

Community Development
March 16, 2009 Mortgage Foreclosure Forum Features Richmond Fed Panelists

"The Widespread Impacts of Mortgage Foreclosures: From Credit Markets to Local Communities," is a forum sponsored by the Federal Reserve Bank of Richmond and Loyola College in Maryland to foster a greater understanding of the foreclosure impact on neighborhoods and communities.

Community Development
Date Title Category
November 12, 2008 Richmond Fed and Hampton University Host Foreclosure Conference

The mortgage foreclosure picture in Virginia is a mixed bag. Overall, the Commonwealth fairs better than most states in its mortgage delinquency and foreclosure rates. Still, there are some problem areas. As the uncertainty of the nation’s financial system persist, leaders are challenged to develop strategies that minimize the impact on their communities.

Community Development
November 4, 2008 Richmond Fed and George Mason University Host Foreclosure Conference

The Federal Reserve Bank of Richmond and George Mason University will present “Widespread Impacts of Mortgage Foreclosures: From Credit Markets to Local Communities.”

Community Development
October 24, 2008 Fed's Concentrated Poverty Report Includes Fifth District Communities

Two communities, one in North Carolina and one in West Virginia, were among those studied for the Federal Reserve's report on concentrated poverty. Recently released, The Enduring Challenge of Concentrated Poverty: Case Studies from Communities Across the U.S., looks at the factors that give rise to high-poverty neighborhoods and the challenges they face. The report was the result of a joint project between the Community Affairs functions of the Federal Reserve System and the Brookings Metropolitan Policy program.

Community Development
October 21, 2008 East Carolina University Foreclosure Forum Features Richmond Fed Panelists

Richmond Fed officials discuss the credit market and the impact of mortgage foreclosures.

Community Development
September 30, 2008 Richmond Fed Announces Online Foreclosure Resource Center

The Federal Reserve Bank of Richmond has launched an online Foreclosure Resource Center providing information for homeowners, community groups and local governments to help prevent foreclosures and lessen their negative influence on neighborhoods.

Community Development
September 12, 2008 Longwood University Mortgage Foreclosure Forum Features Richmond Fed

The meltdown of the subprime mortgage industry and the subsequent credit crunch has dominated news about the health of the nation’s financial system, with reports routinely centered on market activities. But what about the homeowners, neighborhoods and communities where mortgage foreclosures are dramatically changing lives and landscapes?

Community Development