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The Federal Reserve System and Community Development: The Why, The How, and The What 2017 Policy Summit on Housing, Human Capital, and Inequality, Cleveland, OH

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  • Loretta J. Mester

Abstract

Over the past 14 years, the Policy Summit has brought together community development practitioners, researchers, funders, policymakers, and others interested in strengthening our communities so that all people have the opportunity to productively engage in our economy and to share in its benefits. As is clear from the many conversations we?ve had over the past two days ? and over the past 14 years of this summit ? there are no easy answers. But there are some answers. I will touch on ?the why, the how, and the what? of this work: why we at the Fed see our community development efforts as important to our mission of fostering a healthy economy, how we go about doing this work, and some of what we are focusing on.

Suggested Citation

  • Loretta J. Mester, 2017. "The Federal Reserve System and Community Development: The Why, The How, and The What 2017 Policy Summit on Housing, Human Capital, and Inequality, Cleveland, OH," Speech 84, Federal Reserve Bank of Cleveland.
  • Handle: RePEc:fip:fedcsp:84
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    File URL: https://www.clevelandfed.org/en/newsroom-and-events/speeches/sp-20170623-frs-and-community-development.aspx
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    Keywords

    Community Reinvestment Act; access to funding; tools; data;

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