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.

Community Development News

Low- and Moderate-Income Survey

Unemployment, lower income, lack of insurance and poor housing choices are cited in the latest survey as factors imparing financial recovery among low- and moderate-income (LMI) populations in the Tenth District. (January 28, 2010)

Economic Review: Attracting the Power Cohort to the Tenth District

This fourth quarter Economic Review article by Kelly Edmiston argues that the relative performance of migration across Tenth District cities is largely a function of two sets of factors. The district does well based on unemployment, wages, and taxes. But it is relatively weak in cultural and recreational amenities, intellectual capital, topography, and crime. (January 14, 2010)

New Credit Card Rules

The Federal Reserve Board has announced final credit card rules. It also published information on what the new rules mean for consumers. (January 11, 2010)

Weighing the Effects of Financial Education in the Workplace

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.

Resources

The Community Affairs Function at the Federal Reserve

Speech cites achievements and valuable role for Community Affairs in addressing the pressing needs of low- and moderate income communities.

Foreclosure Resource Center
	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.

Community Affairs in the Federal Reserve System
	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.