How CDFIs are faring: Insights from the Fed’s 2023 CDFI Survey
Release Date: 09/13/2023
Building Community Capacity to Harness Opportunity Zones 2.0 Investments
Connecting Communities®
Opportunity Zones (OZs) open the door to billions of dollars in potential investment for community‑driven projects — but dollars don’t automatically find their way into neighborhoods. Communities need trusted, well-prepared local partners who can leverage, facilitate, and channel capital into projects that truly benefit existing residents. With Opportunity Zones 2.0 on the horizon, many communities have been asking: What’s new this time? How has the program evolved? What will it take to ensure that the next wave of incentives leads to real, equitable impact on the ground? In this...
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When Every Dollar Counts: Worker Perspectives on the Economy
Connecting Communities®
In this recent Connection Communities webinar, discover how low- to moderate-income workers adapt to rising costs and limited opportunities. Hear firsthand stories, research highlights, and Federal Reserve leaders’ insights on how financial pressures shape choices, resilience, and the future of our economy. Watch or listen on demand. What does it mean to ‘tighten your belt’ when you’ve already run out of notches? Through a compelling combination of on-the-ground research and policy expertise, this session examined how workers who earn low to moderate incomes (LMI) are...
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Place-Based Strategies: Strengthening Local Economies Through Labor Market Policies
Connecting Communities®
Place plays an important role in shaping the economic outcomes of residents. Place-based stratgies have long been used to address employment and mobility barriers in lower-income communities. However, evidence on the effectiveness of such intiatives has been mixed. During this seminar, presented by the Federal Reserve Banks of and on August 12, 2026, researchers examined the impact of workforce development programs, shared ideas to strengthen their effectiveness, and offered insights to help inform future place-based strategies.
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Understanding Benefits Cliffs Evidence Insights
Connecting Communities®
Benefits cliffs are increasingly recognized as a critical barrier to economic mobility in communities across the country. When a raise, promotion, or new job pushes an individual or family above eligibility thresholds for public benefits, the result can be a net financial loss. This creates difficult choices for workers, employers, and policymakers. As awareness of benefits cliffs grows, so does momentum around research, policy innovation, and community-driven solutions. This Connecting Communities webinar brought together researchers and practitioners to explore the latest evidence on how...
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Place-Based Strategies: Strengthening Rural Economies through Investment
Connecting Communities®
Investment is a critical part of any healthy, growing economy, and plays a key role in rural economic development. During this seminar presented by the on June 25, 2026, experts discussed the barriers to community investment in smaller towns and rural communities. The seminar featured insights from the as well as research on factors that support community investment.
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Highlights from the 2025 Survey of Household Economics and Decisionmaking
Connecting Communities®
During this Connecting Communities webinar, researchers from the Federal Reserve Board of Governors shared key findings from the annual , which was fielded in October 2025 and released on May 13, 2026. The survey is a key tool for measuring the economic well-being of U.S. households and identifying potential risks to their finances. In addition to monitoring household financial circumstances, each year the survey explores a range of related topics. In 2025, it introduced new questions about the use of generative Artificial Intelligence at work, alongside expanded modules on family...
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Bank On and Reaching the Unbanked in Our Communities
Connecting Communities®
According to the Federal Deposit Insurance Corporation (FDIC), approximately 5.6 million households are without a checking or savings account – otherwise known as "unbanked." Unbanked households lack a secure and safe place to store their money and can miss out on interest gains and credit-building opportunities. This Connecting Communities webinar featured leaders from organizations focused on advancing banking access for households through safe and affordable accounts via the Bank On program. Panelists also explored findings from the most recent Bank On National Data (BOND) Hub, hosted by...
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Unlocking the Voice of Small Businesses: New Insights from the 2025 Small Business Credit Survey
Connecting Communities®
The (SBCS) has been administered nationally since 2016 by the 12 Federal Reserve Banks in collaboration with a network of hundreds of community and business groups throughout the country. The SBCS gathers information from thousands of small-business owners on business conditions and characteristics, credit experiences, and owner demographics. It continues to be the largest national dataset of its kind, and its reports provide awareness of small business challenges and how owners respond to them. During this webinar, Federal Reserve experts...
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2026 Federal Reserve Community Development Research Seminar Series: Place-Based Strategies: Strengthening Local Economies
Connecting Communities®
Where an individual lives can play a role in shiping their employment opportunities and interactions. While issues related to where a person is located have been overshadowed by issues related to an individual's personal circumstances, this is starting to shift. During this seminar, presented by the Federal Reserve Board of Governors on April 2, 2026, experts from research and policy discussed how location affects job markets and can contribute to income inequality.
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How Fed Data Tools Can Inform Economic Mobility
Connecting Communities®
Occupational and economic mobility are crucial for a healthy economy that supports all. In this Connecting Communities webinar, learn more about the Federal Reserve Banks of Philadelphia and Cleveland’s (OME) and the Federal Reserve Bank of Atlanta’s (CLIFF) tools. The OME sheds light on skills-based career pathways in the US labor market for jobseekers and employers. CLIFF tools help workers understand how career advancement decisions may affect public benefits, taxes, and tax credits. Together, these two tools can help workers and employers identify potential career...
info_outlineCommunity Development Financial Institutions (CDFIs) provide financial products and services to underserved markets where it may be difficult to access what traditional financial institutions offer. Every other year, the Fed conducts a survey of CDFIs to better understand the barriers and opportunities that they face. This year’s survey sought input on various topics ranging from demand for products and product innovation. This year, 453 institutions responded to the Fed’s 2023 CDFI Survey. Speakers from the Federal Reserve Banks of Atlanta, New York, and Richmond hosted a Connecting Communities webinar, sharing key findings from the survey and their thoughts about the road ahead for CDFIs. During this Connecting Communities webinar, speakers discussed the demand for CDFIs’ products and services, challenges to meeting demand—including lending capital—and innovations in products and practices. Learn about CDFIs’ approaches to tracking outcomes—and their limitations. Speakers discussed how the survey results help inform future Fed research initiatives. Speakers shared Fed research on CDFIs’ use of secondary markets and financial leverage.