In coordination with Community Development offices across the Federal Reserve System, our Bank’s Community Development office has helped launch FedCommunities.org. The new site serves as a web portal that’s designed to improve the awareness of — and access to — community development resources around the System by providing users with a single, central entry point. Users will no longer have to visit each Bank’s website separately to find resources on a community development topic such as building small business capacity or neighborhood stabilization and revitalization strategies.
“FedCommunities.org will be an easy-to-use resource for anyone who wants to learn more about the research we do in Community Development and the programs we have. I’m excited that we’re improving access and allowing potential users to save time by providing a one-stop portal,” said Shannon McKay, senior research analyst in Community Development, who took the lead on the launch for our Bank.
Resources are organized into four topic areas: people, place, small business and policy and practice. These strategic focus areas align with Community Development’s mission of resolving credit and development issues in low- and moderate-income communities in the Fifth District.
“This will be a great tool for community development practitioners around the country to have access to the valuable resources, programs and expertise that the Federal Reserve System provides,” said Sandy Tormoen, assistant vice president and our Bank’s community affairs officer. “By providing greater access, we’re strengthening the understanding of the role the Community Development function plays in supporting our Bank’s broader mission.”
Several Richmond Fed links have already been posted to the portal, including the latest Community Pulse, Small Business Resources and our Foreclosure Resource Center. For more information, visit FedCommunities.org.