Community Highlights

The Richmond Fed’s Community Investment Council convened to share insights centered around our Bank’s community development goals for our region and to discuss some of the issues that impact the work including the labor market and current economic conditions of households and communities. Leaders representing all states within the Fifth District met at the Richmond location.

The Richmond Fed's Rural Investment Collaborative will train 20 rural leaders how to create successful proposals for community funding.

The Richmond Fed and its Community Investment Council members shared economic insights and opportunities during a recent retreat in South Carolina.

The Federal Reserve Bank of Richmond, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are sponsoring an in-person Community Reinvestment Act (CRA) training in Baltimore, Maryland on June 28, 2023, from 8:30 a.m. – 3 p.m. CRA 101 will cover basics for bankers only. The workshop is designed for new and less experienced CRA bank officers. Registration for the training is available through this link. 

Community Development Financial Institutions (CDFIs) are important to the communities they serve, and the Federal Reserve is conducting a survey to understand their challenges and opportunities. Carrie Cook, the Richmond Fed's Community Affairs officer and vice president of Community Development, shared why this matters in a recent Fed Communities blog post.

Richmond Fed Community Development leader Jason Smith co-chairs a national group of Federal Reserve leaders focused on understanding rural communities.

The Richmond Fed Community Development staff recently hosted a workshop for leaders of Community Development Finance Institutions (CDFIs) and for those eager to learn more about them.

The Federal Reserve Bank of Richmond, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are sponsoring an in-person training event in Charlotte, NC on July 26, 2023 from 9 a.m. – 3 p.m.

Local jurisdictions in the greater Richmond area have collaborated to develop a Market Value Analysis (MVA) of Richmond's housing market.