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Press Releases

5th District Footprint September 2017

Sept. 12, 2017

5th District Footprint Examines How the Community Reinvestment Act Can Help Medically Underserved Areas

The latest 5th District Footprint examines areas within the Fifth District that are eligible for Community Reinvestment Act investment and designated as Medically Underserved Areas/Populations (MUA/Ps) by the Health Resources and Services Administration.

The analysis found that at the county level 78.3 percent of Fifth District counties (281 counties) contain at least one census tract that is CRA-eligible and MUA/P-designated. This is important since banks can fulfill their CRA obligation by investing in facilities that promote community development, including health care facilities.

Virginia contains the largest number of counties with at least one CRA-eligible and MUA/P-designated census tract at 95 counties (71.4 percent). South Carolina has the highest share of counties with at least one CRA-eligible and MUA/P-designated census tract at 91.3 percent (42 counties).

Published four times a year, the 5th District Footprint provides a spatial analysis of data relevant to community development professionals in Maryland, North Carolina, South Carolina, Virginia, West Virginia and the District of Columbia.

As part of our nation’s central bank, the Richmond Fed is one of 12 regional Reserve Banks working together with the Board of Governors to support a healthy economy and deliver on our mission to foster economic stability and strength. We connect with community and business leaders across the Fifth Federal Reserve District—including the Carolinas, District of Columbia, Maryland, Virginia, and most of West Virginia—to monitor economic conditions, address issues facing our communities, and share this information with monetary and financial policymakers. We also work with banks to ensure they are operating safely and soundly, supply financial institutions with currency that’s fit for distribution, and provide a safe and efficient way to transfer funds through our nation’s payments system.


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Jim Strader
(804) 697-8956
(804) 332-0207 (mobile)

Laura Fortunato
(804) 697-8196
(804) 698-0927 (mobile)