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Based on “Rural America”.

Pandemic brings on possibility of utilities crisis in America

Amidst the pandemic, millions of Americans’ utilities are at risk. While many are already struggling financially under the strain caused by the global health crisis, the need to cover the rising cost of utilities has only grown more challenging.

Rural population stays mostly flat during past decade

While most rural counties lost population during the past decade, the remaining counties’ population growth meant there was less than 1 percent overall rural population loss, according to a recent Daily Yonder review of early 2020 Census numbers.

New community investments spur growth in CDFIs

A new report from the Federal Reserve Bank of New York highlights several major private sector investments to financial intermediaries, such as CDFIs, that drove large amounts of capital to underserved communities during the global pandemic and beyond.