Conduct and share research on barriers to economic opportunity and promising practices.
Community Development & Engagement
We work with community and business leaders to address economic challenges and identify opportunities in low- and moderate-income and underserved communities.
Forge multi-sector partnerships to propel results-based initiatives that solve for economic barriers.
Engage our communities to better understand capital access and absorption opportunities in the District.
Featured
Article
Sept. 30, 2024
Just 75 minutes from Richmond, Farmville and its surrounding counties are an idyllic setting for bargain hunters and outdoor adventurers alike. The area’s economic landscape is notably shaped by its educational institutions and agricultural roots, alongside other attractions. Recently, our Community Conversations Team made a visit to the area to learn more about their economic strengths and opportunities.
News
July 8, 2024
Applications are now being accepted for the 2025 Community Investment Training program, a 16-week opportunity offered through the Federal Reserve Bank of Richmond’s Rural Investment Collaborative.
Webinar
Tue., July 9, 2024
1 p.m. - 2 p.m.
Webinar
Workshop
Wed., Nov. 29, 2023
8:30 a.m. - 3 p.m. ET
Richmond Office
Richmond, VA
Richmond, VA
The Federal Reserve Bank of Richmond, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are sponsoring a training on the Community Reinvestment Act (CRA) 101 for bankers only. The workshop will cover CRA Basics designed for new and less experienced CRA bank officers.
Webinar
Thu., Oct. 26, 2023
1:30 p.m. - 3:30 p.m. ET
Webinar
The Office of the Comptroller of the Currency (OCC), the Federal Reserve Bank of Richmond (FRBR) and the Federal Deposit Insurance Corporation (FDIC) are sponsoring a virtual workshop on the Community Reinvestment Act.
Designed for community-based organizations, this workshop will review the regulation and discuss ways through which community organizations can collaborate more effectively with banks. Topics discussed include an overview of the CRA, understanding the impact of bank performance context, the types of bank activities that qualify for CRA consideration and strategies to develop successful partnerships with banks.
Our survey of community college outcomes better reflects how the institutions are serving their students and communities than current data collection methods.
Reinvestment Act (CRA) was enacted by Congress in 1977 to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low-and moderate-income (LMI) neighborhoods.
Fed Communities serves as an online gateway to information that address barriers to economic growth and promotes fair and informed access to financial markets. The community development materials housed here are provided by all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.