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Federal Reserve Bank of Minneapolis

 

Organization Info
Impacts/Projects/Collaborators 
Beam Assessment

Organization Information


Organization: Federal Reserve Bank of Minneapolis

Sector: Government Agency

Organization Mission: With headquarters in Minneapolis and a Branch in Helena, Mont., we examine banks to make them safe and sound. We conduct world-class research to inform policymakers. Our 1,000 employees in Minneapolis and 60 in Helena monitor the regional economy to help determine the nation’s monetary policy. We strive to promote economic well-being. And much more. We serve the public by pursuing a growing economy and stable financial system that work for all of us. Established in 1914, we’re one of 12 Federal Reserve Banks. Our Helena Branch joined us in 1921.

Website

 

 

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Diversity and Inclusion, Economic Development, Governance/Public Policy, Housing

Key reports on: Federal Reserve Bank of Minneapolis


Racism and the Economy -- Federal Reserve Series (September 09, 2021)

Understanding the implications of structural racism in America's economy. 

Read more ...


Federal Reserve Bank of Minneapolis: Page Amendment (March 11, 2020)

Message from Neal Kashkari: support for Page constitutional amendment is gaining momentum to support a quality education for all. 

Read more ...


December 14, 2024: City Housing Support

Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 PB Reporting regarding TIF $14M Requests (Sherman and Prairie Ridge) 2024-12-14 

Read more ...
December 11, 2024: Rochester-Olmsted County 4(d) Affordable Housing Incentive Program
The current Rochester-Olmsted County 4(d) Affordable Housing Incentive Program application is for the Tax Assessment Year 2025 - Tax Payable Year 2026, the tax savings for this application will not be realized until the Tax Payable Year 2026.

 

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December 07, 2024: "Link BRT a milestone project for Rochester

City of Rochester Receives $84.92 Million Federal Grant for Transformative Link Bus Rapid Transit Project

LINK Progress Report to City Council 

Rochester eyes TIF to support Transit Village, Public Parking

Read more ...
November 19, 2024: Workforce Development, Inc. presents The Downtown Business Pitch Day 2024
John Marshall High School eleventh grade Economics students will take center stage at the Chateau Theatre for the Downtown Business Pitch Day! 

Read more ...
November 14, 2024: Restorative Practices Advisory Committee

Press Release: Olmsted County residents encouraged to apply for Restorative Practices Advisory Committee (RPAC)

This new RPAC will bring together residents, justice system representatives, and community organizations to promote and sustain restorative practices throughout Olmsted County. 

Read more ...
November 11, 2024: Rochester Public Schools Referendum Nov 2024
RPS Superintendent Video and Presentation Slides

Referendum to support: Strong Communities; Strong Schools; Strong Young People

PB Reporting on Referendum Efforts and Results

Read more ...
October 24, 2024: Rochester NAACP And Mayo Clinic AD MERG

Love Wins: Community Empowerment Initiative

Free Workshop and Community Townhalls Press Release

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October 17, 2024: Olmsted County shares update on opioid settlement fund use

Support for: Drug and Alcohol Response Team (DART), CredibleMind, "Be in the Know Olmsted" Campaign

 

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October 16, 2024: DMC 2025 Budgets
2025 Budget and Workplan September DMCC Board Meeting

City Council Oct 2024 on DMC 2025 Budget

 

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October 16, 2024: 2024 Destination Medical Center Reports
Proceedings

September 2024 DMCC Board Meeting with 2025 Workplan Breakout

May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting

Feb 2024 DMCC Board Meeting

Read more ...
October 11, 2024: Juneteenth Activities

November 2024 Selma Film and Discussions

2024 Recognition: $1K Scholarship: 2024 Rochester H.S. Graduate: Application and Nomination, Sponsorship and Donation support, Facebook photos of 2024 Mr. and Miss Juneteenth

Read more ...
October 09, 2024: Rochester Community Initiative (RCI)
Students Decoded: The Mental Health Database

C2C October 9, 2024 Summit

Presentation Slides  

 

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October 02, 2024: Rochester Vision 2050
Call for inputs: Mayor Norton YouTube Messages

Vision 2050 AI-Powered Interactive Survey LINK

Mayor Norton Memo to the Public

 

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October 01, 2024: Early Childhood Resource Hub Launch

The Early Childhood Resource Hub, a collaboration between C2C and IMAA, aims to connect Olmsted County families with young children to various resources and services.

 

Read more ...

Community Anchor Participation:

 

 

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Impacts

The work of this organization may have impacts on the following areas:

PlanScape

Lvl 1: Diversity and Inclusion ; Economic Development ; Governance/Public Policy ; Housing

Lvl 2:

DMC Impact:

Community Health Impact area:

 



 

Potential Collaborators

Potential Collaborators:

Organization Life Cycle Assessment (Pause, Startup, Steady, Isolated Impact, Collective Impact  Unknown)

Collective Impact

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
About Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Links to Beam sub-sites 
Sample of Beam sub-sites: