[1st-mile-nm] Fwd: NDIA blog: New Federal Reserve publication links digital inclusion and CRA

Richard Lowenberg rl at 1st-mile.org
Thu Jul 21 13:03:40 PDT 2016


Forwarded from another list, (for bankers) FYI.


-------- Original Message --------
Subject: [NDIA] NDIA blog: New Federal Reserve publication links digital 
inclusion and CRA
Date: 2016-07-21 13:51
 From: "Bill Callahan" <bill at connectyourcommunity.org>

Just posted:

http://www.digitalinclusionalliance.org/blog/2016/7/21/new-federal-reserve-publication-links-digital-inclusion-and-community-reinvestment-act

The Federal Reserve Bank of Dallas has just published CLOSING THE
DIGITAL DIVIDE 
<http://static1.squarespace.com/static/5526b698e4b08889b23d7388/t/579114e8e6f2e1a10b685381/1469125889385/digitaldivide.pdf> 
,
which the Bank's President calls "_a toolkit for
bankers seeking to bring digital opportunity to underserved, rural and
tribal communities through access to high-speed broadband. Bank
investments as well as partnerships with local governments, nonprofits
and educational groups can help ensure equitable access to the growing
digital economy._"

The new document's primary author is Jordana Barton, senior advisor for
Community Development at the Bank's San Antonio Branch, who previewed
much of its content in a presentation at NDIA's Net Inclusion Summit in
May. Its purpose is to educate commercial bank leaders about importance
of digital inclusion to low and moderate income communities, explain the
basic elements of community digital inclusion strategy, and show how
investments and grant support for such strategies can get banks credit
toward their Community Reinvestment Act [3] obligations.

Bill Callahan, Director
Connect Your Community 2.0
216-870-4736
connectyourcommunity.org [4]



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