ANHD 2016 Building the Community Development Movement
This week, The Federal Reserve Board announced that Benjamin Dulchin, ANHD’s Executive Director, is among the 15 appointees to its newly created Community Advisory Council (CAC) of the Federal Reserve Board. ANHD applauds the Federal Reserve Bank for creating this initiative to draw input from community leaders “with consumer- and community-development-related expertise who will provide information, advice, and recommendations to the Board on a wide range of policy matters and emerging issues of interest.”
ANHD recently released a series of white papers expanding our analysis of key aspects of bank reinvestment and community development, including equitable economic development as a key reinvestment goal. ANHD also releases an annual report on The State of Bank Reinvestment in New York City, authored by ANHD’s Senior Campaign Analyst Jaime Weisberg.
Since the economic crisis, public awareness of the key role that bank regulation policy plays in shaping the economic environment that our at-risk neighborhoods experience has increased. ANHD hopes to bring our community-centered perspective to the dialogue. The CAC will meet in Washington, DC with key Federal Reserve Bank leadership. Details and additional Advisory Committee members can be found on the Federal Reserve’s website. LINKS for more details:
- Federal Reserve announcement
- ANHD 2014 white paper on equitable economic development for CRA
- ANHD 2015 white paper on equitable economic development for CRA
- State of Bank Reinvestment in New York City – 2014
- State of Bank Reinvestment – comparison data chart
- State of Bank Reinvestment – comparison reinvestment indexes – pie chart
Blog team: Benjamin Dulchin, Lena Afridi, Jonathan Furlong, Moses Gates, Emily Goldstein, Ericka Stallings, Jaime Weisberg, Barika X. Williams. Editor, Anne Troy