The Community Affairs department of the Federal Reserve Bank of Kansas City supports the Federal Reserve System's economic growth objectives by promoting community development and fair and impartial access to credit. The department focuses research on challenging issues affecting economic prospects in low- and moderate- income communities and brings together community stakeholders to explore prospective solutions.
The financial condition of low- and moderate-income (LMI) populations in the Tenth District continued to worsen in the third quarter, resulting in increased demands for services by the LMI community, according to a new Community Affairs survey. (November 6, 2009)
Article explores how Community Affairs Departments integrate research, relationship building and resources to help communities address the needs of underserved populations. Includes links to research, activities and community partnerships throughout the Tenth District. (November 4, 2009)
A new Community Affairs study suggests that both employers and workers benefit from financial education programs in the workplace. Workers make better personal financial decisions and employers find themselves with less-stressed workers.
This Economic Review article by Kelly D. Edmiston confirms that foreclosure rates have been high in low-income neighborhoods but also finds that the foreclosure crisis is seeping into higher-income neighborhoods--due primarily to unfavorable conditions in local economies and residential real estate markets.
The Federal Reserve Bank of Kansas City has collected a number of resources on foreclosures. These resources include research on regional trends, information on local foreclosure rates and links to consumer and community organizations involved in mitigation efforts.
Learn more about outreach and educational activities of the Community Affairs program throughout the Federal Reserve System, with links to upcoming events and community development resources.
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