The Federal Reserve Bank of New York, together with Local Initiatives Support Corporation, will host a Community Development Finance (CoDeFi) workshop on Sept. 12 in San Juan. The event comes as part of the New York Fed’s CoDeFi Progression Model, a framework designed to support and enhance the community development finance ecosystem in the Bank’s […]
The Federal Reserve Bank of New York, in alliance with the Puerto Rico Community Foundation and Inclusiv, have joined to launch Investment Connection program, which seeks to connect local and U.S. mainland banks with community development projects on the island. The Investment Connection Program provides community organizations with a model that boosts an investment, donation […]
New York Fed President John Williams urged Puerto Rico to leverage its natural, cultural and human resources to create a sustainable, strong, vibrant and prosperous economy for future generations. During his two-day visit to Puerto Rico and the U.S. Virgin Islands — which fall under his agency’s jurisdiction — Williams participated in a conversation with […]