Spotlight is launching a new partnership with Fed Communities, a first stop for research, insights, data, and events for community development professionals from the United States central bank, including all 12 Federal Reserve Banks and the Federal Reserve Board of Governors. We will be regularly posting stories from the Fed Communities team and kicked off the initiative with a conversation with Gabriella Chiarenza, a senior writer/communications advisor for Fed Communities who has written a series of stories this year on housing issues and potential solutions.
The Last Bank Branch Standing
Fed Communities highlights the growing challenge of declining physical bank branches across the U.S., with 3,629 banking deserts as of mid-2024, impacting millions of Americans and prompting community development financial institutions (CDFIs) to help fill the gap.
Read MoreCommunity Perspectives and Conditions from the Fed’s Beige Book, January 2025
Fed Communities highlights how Federal Reserve Banks have expanded their Beige Book reports since 2022 to include “Community Conditions” and “Community Perspectives” sections, incorporating insights from nonprofit and community leaders on local economic changes.
Read MoreThe Quarterly Catch-up, Q4 2024
Fed Communities captures select new content published by the Federal Reserve between October 1 and December 31, 2024, on the topics of housing, child care, economic development, small business, employment, weather resiliency, and Native communities.
Read MoreHeirs’ Property Disputes Can Rob Families of Financial Security
Kicking off Spotlight’s new partnership with Fed Communities, we spoke with Gabriella Chiarenza, senior writer and communications advisor, about her recent article on the issue of heirs’ property.
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