Community Development
To support the growth of an inclusive economy, we work with low- and moderate-income communities to increase access to credit, quality jobs, education, and housing. We also help financial institutions understand their responsibilities under the Community Reinvestment Act.
Worker Voices Special Brief: Self-Employment, Dreams Versus Reality
This report delves into a theme that surfaced during a series of focus groups with U.S. workers and job seekers without a four-year degree: Many people want to work for themselves.
Report
Consumer Credit Score Dynamics During the COVID-19 Pandemic and the Great Recession
This report examines the rise in U.S. consumer credit scores during the COVID-19 pandemic and compares this trend with what happened during the Great Recession.
Community Profiles
18 Jul ’23
The Community Development and Regional Outreach Department has compiled information on each region within the Third Federal Reserve District and has developed a suite of materials that the department calls community profiles.
Article
Housing, Jobs, Credit Access, and the Power of Communities Coming Together
Since 2020, more than 350 cross-sector community partners in 38 communities across 20 states have joined the Philadelphia Fed's Reinventing Our Communities (ROC) Cohort Program to work together on expanding opportunity and strengthening their local economies. In this article, we highlight the impact several cohorts have made.
Event
Oct
18
2023
People, Possibilities, Practice: Designing a Better Future for Workers
3:00 p.m.–5:00 p.m. ET
Federal Reserve Bank of Philadelphia
About
Community Development and Regional Outreach Visiting Scholars
Updated: February 2024
Academics, experts, and thinkers with focus areas aligned with the Community Development and Regional Outreach department are key collaborators as participants in the Visiting Scholars Program.
Report
U.S. Bank Branch Closures and Banking Deserts
This report examines banking deserts — neighborhoods with no bank branches nearby — and potential banking deserts across the United States since the onset of the COVID-19 pandemic.