At the Richmond Fed: Collaborating to Improve Rural Access to Capital

Charles Gerena

Econ Focus, 2024, vol. 24, issue 1Q/2Q, 4

Abstract: Small towns and rural communities play a key role in the Fifth District's economy. Not only do they make up nearly one-quarter of the region, they also have important economic ties to neighboring cities and counties. That's why the Richmond Fed is addressing the economic health of rural areas as part of its broader mission of strengthening the economy. Working with partners on the local, regional, and national levels, the Bank's Community Development team recently launched the Rural Investment Collaborative to increase economic investment in small towns and rural communities throughout the Fifth District.

Keywords: Small Town and Rural Communities; Community Development Finance; 5th district (search for similar items in EconPapers)
Date: 2024
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