Media Advisory

New York Fed to Host Virtual Forum on COVID-19’s Impact on Low-Income Communities and Building Economic Resiliency

April 20, 2020

NEW YORK – On Thursday, April 23, the Federal Reserve Bank of New York will host a virtual forum on the effects of the COVID-19 pandemic on low- and moderate- income (LMI) communities and how nonprofits, community stakeholders and capital providers can support the recovery.

The event, titled “The Fed and Main Street during the Coronavirus Pandemic,” will convene a range of influential voices to discuss the disparate impact of the current health crisis along socio-economic and racial lines, as well the imminent needs faced by underserved communities. Additionally, it will discuss how the Federal Reserve has responded to the crisis thus far, and explore the role that community development financial institutions (CDFIs) and other capital providers can play in fostering economic resiliency.

New York Fed President John Williams will offer brief opening remarks, followed by a series of panel discussions with leaders from across the nonprofit, philanthropy, community development, policymaking, and financial sectors. These include:

  • Denise Scott, EVP, LISC and Chair, Board of Directors, Federal Reserve Bank of New York
  • Anna Fink, Executive Director, Amalgamated Foundation
  • Lisa Mensah, President and CEO, Opportunity Finance Network
  • Jonathan Mintz, President and CEO, Cities for Financial Empowerment Fund
  • Sheena Wright, President and CEO, United Way of New York City

The event is open to the public and the press, though space is limited. Members of the press who wish to attend should contact Desmond Lee at desmond.lee@ny.frb.org to RSVP. Members of the public can register here.

For more information on the forum, including an agenda and list of speakers, see here.

Contact
Desmond Lee
(212) 720-2416
desmond.lee@ny.frb.org

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