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Volume 10, Issue 2, 2010   Federal Reserve Bank of Dallas

Community Action in Southern New Mexico

The national Community Action program began in the 1960s to serve as a focal point in local communities for the war on poverty. Programs were established in a majority of counties across the U.S., including some in rural areas. Many programs continue to thrive today, and in mostly rural southern New Mexico, a highly productive Community Action Agency is paving the way to financial stability and success for thousands of low-income working families. Read more »

Measuring IDA Program's Impact

Since 2007, the state of New Mexico has invested $2.45 million to support Individual Development Accounts (IDAs) for New Mexico savers. This funding provides a much-needed local match required by federal IDA funding, which was awarded through the Assets for Independence Act. Read more »


News & Events

  • This summer, the Federal Reserve System's Community Affairs offices hosted more than 40 meetings across the U.S. as part of an initiative titled "Addressing the Financing Needs of Small Businesses." The meetings brought together small business groups, owners, financial institutions, community development financial institutions and others to discuss ways to improve credit flow to viable small businesses. A summary of the key issues raised at these meetings, as well as recommendations for next steps, is available on the Federal Reserve Board websiteoff-site.
  • The Federal Reserve Banks of Atlanta and Dallas and the Ewing Marion Kauffman Foundation will host "Small Business, Entrepreneurship and Economic Recovery: A Focus on Job Creation and Economic Stabilization," a conference focused on research and its implications for policy and practice. The conference will be held at the Atlanta Fed on October 26-27, 2010. Details»
  • RAISE Texas, the statewide asset-building coalition, will host its annual Action Summit, "Building Financial Success," at the University of Texas, LBJ School of Public Affairs, in Austin on December 10, 2010. Details»


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