Fewer lenders said credit availability shrank for low- and moderate-income families in the second quarter, according to a survey conducted by the Federal Reserve Bank of Philadelphia. However, fewer lenders see a better future financial well-being for these families. In the second quarter, 4% expect well-being to increase, down from 16% in the first quarter. More lenders, 16%, did say affordable housing became available, compared to the 8% in the first quarter. Only 17% saw an increase in the availability of jobs, and 59% expected no change in job growth in the near future. “Survey respondents noted financial factors facing (low- to moderate-income) households declined at a similar rate as in our previous survey,” said research analyst Brian Tyson. “Demand for services increased, while service providers continue to face challenges maintaining their funding and capacity to serve their clients’ needs.” The Philly Fed surveyed 80 financial service providers to lower-income households. Of those who responded, 34% reported credit availability decreased, compared to 59% in the first quarter survey. And 10% of those surveyed expect the access to credit to grow, up from 9% the previous quarter. This is important because demand is growing. In the second quarter, 79% of respondents said the demand for their services increased, up from 76% in the first three months of the year. Write to Jon Prior. Follow him on Twitter @JonAPrior