A New York Times Report on Federal Reserve Bank of San Francisco
* Home values could fall significantly.
* Banks could stop lending to flood-prone communities.
* Towns could lose the tax money they need to build sea walls and other protections.
* Volatility related to climate change has become “increasingly relevant” as a consideration for the central bank.
The Full Federal Reserve Report
Volume 14 , Issue 1, 2019Community DevelopmentINNOVATION REVIEW