New podcast episode from the Federal Reserve highlights connection between health and economic opportunity

Did you know that each of the 12 regional Federal Reserve Banks has a community development function? The Community Development departments of the Federal Reserve System conduct outreach and research on issues facing low- and moderate-income households. Like many organizations across the country over the last few years, they understand the importance of looking at community and economic development through a health lens.

“Health is a bigger concept than medical care,” according to David Erickson, community development officer at the Federal Reserve Bank of San Francisco. “It’s the sum record of your challenges and your opportunities. And so, if you’re in the opportunity business, you’re also in the health business.” Erickson discussed this topic in the most recent episode of the Fed’s community development podcast, Access.