Supporting the Recovery of Small Businesses of Color
12/18/2020 - Small businesses of color are important contributors to the national economy. The Atlanta and Kansas City Feds recently published the Small Businesses of Color Recovery Guide to help support these firms' economic recovery. This article provides an overview of this comprehensive guide.
Expansion of New Law in Southeast May Stave Off Black Land Loss
10/07/2020 - Heirs' property can result when a property owner dies without a legally recognized estate plan in place. This form of ownership disproportionately affects lower-wealth African Americans. This article examines some recent legislation on heirs' property in the Southeast.
Small Business Owners: Make Your Voices Heard
10/01/2020 - Take the Federal Reserve Banks' annual Small Business Credit Survey to provide timely insights on small business conditions to policymakers, service providers, and lenders. Highlight your experience with COVID-19 and take the survey today! Link to the survey in this article.
Webinar Will Examine Current Labor Force Challenges
09/18/2020 - San Francisco Fed president Mary Daly will discuss the labor force implications of COVID-19 and highlight findings from an August 2020 nationwide survey. Register for the September 23 webinar in this article.
Service Providers to Low-Income Communities Face Challenges of Their Own
08/24/2020 - Low-income individuals and communities are feeling the brunt of job losses due to the pandemic. At the same time, organizations providing support services to that population are facing their own challenges. This article explores southeastern organizations’ sentiments from a national survey.
Webinar Focuses on Rising Food Insecurity in America
08/19/2020 - Register in this article for the August 20 webinar. Guest speakers will discuss food insecurity and the U.S. Census Bureau’s weekly Household Pulse Survey, which gauges how people's lives have been affected by COVID-19.
Webinar Will Explore the Impact of COVID-19 on the Childcare Market
08/03/2020 - Learn how public policymakers and nongovernmental organizations can address childcare challenges that existed before the pandemic and have become magnified during it. Register for the August 6 webinar in this article.
Perspectives from Main Street on COVID-19
07/13/2020 - A new Federal Reserve System report spotlights the impact of COVID-19 on low- to moderate-income communities. This report examines the findings of a nationwide survey of over 1,800 respondents representing nonprofits, financial institutions, government agencies, and community organizations. Read this article to learn more.
Research for Equity in Recovery
06/29/2020 - The Research for Equity in Recovery webinar series—cohosted by the Philadelphia Fed, the Upjohn Institute, and the Penn Institute for Urban Research—will explore the most up-to-date research and best practices to promote a strong and equitable recovery from the COVID-19 pandemic.
The Board Expands Its Main Street Lending Program
06/19/2020 - The Board expanded its Main Street Lending Program to allow more medium-sized and small businesses that were financially sound before the pandemic to receive support. Read about the changes in this article.
Housing Policy Impact: Federal Eviction Protection Coverage and the Need for Better Data
06/16/2020 - COVID-19 exacerbates an existing affordable housing shortage in the Southeast, which lacked over a million affordable rental units before the virus outbreak began. This article explores efforts to enact eviction moratoriums under the CARES Act.
Southeastern Small Businesses in the Face of COVID-19
06/10/2020 - Social distancing policies, mandatory business shutdowns, and shelter-in-place orders due to COVID-19 have left many small business owners vulnerable to permanent closure. This article gives an overview of the state of southeastern small businesses before and during the COVID-19 pandemic.
Dollars and Sense: Affordability of Childcare
06/04/2020 - For many working families with young children, childcare is essential to maintain employment. Childcare prepares children for kindergarten and future learning and success. This article examines childcare during the economic downturn, including its costs.
Guidance on Community Reinvestment Act (CRA) and COVID-19
06/03/2020 - The banking agencies have released frequently asked questions related to the Community Reinvestment Act and coronavirus. Learn about this expanded guidance in this article.
Household Economic Outlook before and after COVID-19
05/19/2020 - The Board has released its annual report on household economic well-being. In April 2020, the Board conducted a supplemental survey of over 1,000 adults to gauge households' overall financial circumstances during COVID-19. Read a summary of the report in this article.
Amid the COVID-19 Crisis, a Tale of Two Southeastern Cities
05/13/2020 - Congress passed the CARES Act and other legislation to help workers who have lost their jobs during the pandemic. This article considers a case study of a hypothetical laid-off restaurant worker in Birmingham and Miami and the potential financial assistance he’d receive in each city.
Webinar to Explore Findings from the SHED Report
05/12/2020 - Register in this article for a May 14 webinar on key findings from the annual Survey of Household Economics and Decisionmaking. The survey includes results from a supplemental survey on financial well-being during the COVID-19 pandemic.
Protecting Vulnerable Populations from COVID-19
05/05/2020 - COVID-19 is having disproportionate health and economic impacts on racial and ethnic minority, low-income, low-wealth, and rural residents. This article examines research on tracking the spread of the virus to protect vulnerable citizens.
Tackling the Unknown Together: Community Responses to the COVID-19 Pandemic
04/14/2020 - Our community and economic development team conducted a virtual listening tour to collect real-time economic and social impacts of the COVID-19 public health crisis in low- and moderate-income communities and the organizations that serve them. Read this article for a discussion of the findings.
School's Out: Childcare Needs among Essential Health Care Workers and First Responders
04/08/2020 - Nurses, doctors, and emergency responders are essential workers on the front lines of the COVID-19 crisis. Many are juggling childcare while schools are closed. This article explores the childcare needs of public health workers during the pandemic.
Small Business Credit Survey
04/07/2020 - The Federal Reserve Banks have released the 2020 report on small business financial and credit experiences. A supplemental brief explores small firm resilience in light of the effects of COVID-19. Read this article for a summary.