Cleveland Fed Connects the Dots Between Redlining and the CRA in the Community

This FedTalk event will focus on Community Reinvestment Act ties to redlining, the impact in the community, and how people can address redlining and its consequences today.

Who:
Panelists

• Dr. Ronnie A. Dunn – Interim Chief Diversity Officer, Cleveland State University
• Braden Crooks – Cofounder and Partner, Designing the We
• Jeniece Jones – Executive Director, Housing Opportunities Made Equal (HOME)
• Stacey Skarlinsky – Examiner Senior, Federal Reserve Bank of Cleveland

Moderator

• Bonnie Blankenship - Regional Outreach Manager, Federal Reserve Bank of Cleveland

What: Our December FedTalk discussed ways the Community Reinvestment Act (CRA) can be leveraged for greater impact. The law was established more than 40 years ago to prevent redlining, the discriminatory practice of denying people access to credit based on race. Now, the Fed is seeking to modernize the rules it uses to implement CRA, and we are continuing the conversation about this landmark legislation.

When: Wednesday, February 17, 12:00 pm to 1:30 pm ET

Watch: The online webinar is available beginning at noon ET. The program is free and open to the public, but advance registration is required. Audience Q&A will follow the presentation.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.455.4479