This webinar is an opportunity for potential lenders in the Main Street Lending Program to learn more details about the infrastructure and operations of the Main Street Lending Program. The program is designed to support small and medium-sized U.S. businesses during this period of financial strain by giving these businesses access to additional credit. The program is intended to help companies that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations and payroll until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are encouraged to review the program term sheets, frequently asked questions, and listen to the recording of the Ask the Fed session on May 5 that provided an overview of the Main Street Lending Program.

To allow as many financial institutions to participate as...

This drop-in session is an opportunity for potential borrowers in the Main Street Lending Program to ask questions about the program to senior officials from the Federal Reserve. The Main Street Lending Program supports small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help companies that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations and payroll until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

To allow as many potential borrowers to participate as possible, we ask each business to register no more than two representatives for the live session. A recording of the session will be available shortly after the call. We strongly encourage participants to use the webinar...

This webinar is an opportunity for potential lenders in the Main Street Lending Program to learn more details about the infrastructure and operations of the Main Street Lending Program. The program is designed to support small and medium-sized U.S. businesses during this period of financial strain by giving these businesses access to additional credit. The program is intended to help companies that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations and payroll until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are encouraged to review the program term sheets, frequently asked questions, and listen to the recording of the Ask the Fed session on May 5 that provided an overview of the Main Street Lending Program.

To allow as many financial institutions to participate as...

This drop-in session is an opportunity for potential borrowers in the Main Street Lending Program to ask questions about the program to senior officials from the Federal Reserve. The Main Street Lending Program supports small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help companies that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations and payroll until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

To allow as many potential borrowers to participate as possible, we ask each business to register no more than two representatives for the live session. A recording of the session will be available shortly after the call. We strongly encourage participants to use the webinar...

The Connecting Communities® webinar series is a Federal Reserve System initiative intended to provide a national audience with timely insights and information on emerging and important community and economic development topics. The webinar series complements existing Federal Reserve Community Development outreach initiatives that are conducted through the 12 Reserve Bank regional offices and at the Federal Reserve Board of Governors in Washington, D.C.

Why is the Fed engaged in community development? The Fed understands that stable communities promote stable regions and, thus, a more robust economy overall. Through applied research, public programs, outreach and technical assistance, the Fed's community development departments help promote economic growth and financial stability in communities across the country, especially those in low- and moderate-income areas. Regional Reserve Banks, while connected in this shared mission, are uniquely poised to develop programs that...

The Connecting Communities® webinar series is a Federal Reserve System initiative intended to provide a national audience with timely insights and information on emerging and important community and economic development topics. The webinar series complements existing Federal Reserve Community Development outreach initiatives that are conducted through the 12 Reserve Bank regional offices and at the Federal Reserve Board of Governors in Washington, D.C.

Why is the Fed engaged in community development? The Fed understands that stable communities promote stable regions and, thus, a more robust economy overall. Through applied research, public programs, outreach and technical assistance, the Fed's community development departments help promote economic growth and financial stability in communities across the country, especially those in low- and moderate-income areas. Regional Reserve Banks, while connected in this shared mission, are uniquely poised to develop programs that...

This webinar is an opportunity for potential borrowers in the Main Street Lending Program to learn more about the program and ask questions to senior officials from the Federal Reserve. The Main Street Lending Program supports small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help companies that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations and payroll until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

To allow as many potential borrowers to participate as possible, we ask each business to register no more than two representatives for the live session. A recording of the session will be available shortly after the call. We strongly encourage participants to use the...

This webinar will elevate necessary policies and practices to mitigate the negative impacts of COVID-19 on low- and moderate-income (LMI) communities. Leading experts will explore the importance of community agency to rebuilding economies and creating an infrastructure for growth based on local assets, education, and skills. They will also address challenges to this process, which include confronting systemic and structural barriers that have created disparities, especially for LMI populations and communities of color. By leading with equity in three pillars of our economy – housing, jobs, and wealth – we can transform policies and practices that are essential to creating stronger households and communities.

Keynote Opening Remarks:

This webinar will elevate necessary policies and practices to mitigate the negative impacts of COVID-19 on low- and moderate-income (LMI) communities. Leading experts will explore the importance of community agency to rebuilding economies and creating an infrastructure for growth based on local assets, education, and skills. They will also address challenges to this process, which include confronting systemic and structural barriers that have created disparities, especially for LMI populations and communities of color. By leading with equity in three pillars of our economy – housing, jobs, and wealth – we can transform policies and practices that are essential to creating stronger households and communities.

Keynote Opening Remarks:

The Consumer Credit Explorer utilizes data from the Federal Reserve Bank of New York/Equifax Consumer Credit Panel. When using estimates or figures from this tool, we request that you include the following citation:

Federal Reserve Bank of New York/Equifax Consumer Credit Panel, tabulated by the Federal Reserve Banks of Philadelphia and Minneapolis and accessed via the Consumer Credit Explorer (date accessed: )

Note: Some area/target population combinations may not display because the sample size is too small. For areas with small target populations, large, single-quarter fluctuations may reflect periodic issues with the reporting of data by lenders. Users should interpret with caution.

This webinar will elevate necessary policies and practices to mitigate the negative impacts of COVID-19 on low- and moderate-income (LMI) communities. Leading experts will explore the importance of community agency to rebuilding economies and creating an infrastructure for growth based on local assets, education, and skills. They will also address challenges to this process, which include confronting systemic and structural barriers that have created disparities, especially for LMI populations and communities of color. By leading with equity in three pillars of our economy – housing, jobs, and wealth – we can transform policies and practices that are essential to creating stronger households and communities.

Keynote Opening Remarks:

Student Loan Debt in Philadelphia

This report provides an in-depth analysis of the geographic distribution of student loan debt — and distress — in Philadelphia. It reveals that borrowers living in different zip codes have drastically different experiences with respect to how much they owe, the degree to which they struggle with repayment, and the extent to which they become delinquent. This report also discusses the implications of student loan debt for individual borrowers and the economy as a whole.

How Are Cities Leveraging Opportunity Zones for Community Development? — Philadelphia as a Case Study

Enacted as part of the Tax Cuts and Jobs Act of 2017, Opportunity Zones are designed to spur economic development and job creation in economically distressed communities by providing tax benefits to investors who make eligible investments into these areas. Using Philadelphia as a case study, our research finds that gentrifying areas were much more...

This webinar will elevate necessary policies and practices to mitigate the negative impacts of COVID-19 on low- and moderate-income (LMI) communities. Leading experts will explore the importance of community agency to rebuilding economies and creating an infrastructure for growth based on local assets, education, and skills. They will also address challenges to this process, which include confronting systemic and structural barriers that have created disparities, especially for LMI populations and communities of color. By leading with equity in three pillars of our economy – housing, jobs, and wealth – we can transform policies and practices that are essential to creating stronger households and communities.

Keynote Opening Remarks:

Student Loan Debt in Philadelphia

This report provides an in-depth analysis of the geographic distribution of student loan debt — and distress — in Philadelphia. It reveals that borrowers living in different zip codes have drastically different experiences with respect to how much they owe, the degree to which they struggle with repayment, and the extent to which they become delinquent. This report also discusses the implications of student loan debt for individual borrowers and the economy as a whole.

How Are Cities Leveraging Opportunity Zones for Community Development? — Philadelphia as a Case Study

Enacted as part of the Tax Cuts and Jobs Act of 2017, Opportunity Zones are designed to spur economic development and job creation in economically distressed communities by providing tax benefits to investors who make eligible investments into these areas. Using Philadelphia as a case study, our research finds that gentrifying areas were much more...

This webinar will elevate necessary policies and practices to mitigate the negative impacts of COVID-19 on low- and moderate-income (LMI) communities. Leading experts will explore the importance of community agency to rebuilding economies and creating an infrastructure for growth based on local assets, education, and skills. They will also address challenges to this process, which include confronting systemic and structural barriers that have created disparities, especially for LMI populations and communities of color. By leading with equity in three pillars of our economy – housing, jobs, and wealth – we can transform policies and practices that are essential to creating stronger households and communities.

Keynote Opening Remarks: