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Community Development news and resources.

Community & Economic Development

Upcoming Events

Developing a 21st Century Response to Compete in Today’s Global Marketplace

Save the Date!

Join us in Wausau, WI, on October 26-27, 2011. The Federal Reserve Bank of Chicago, CAP Services, Inc., Community Bankers of Wisconsin, U.S. Department of Agriculture Rural Development, U.S. Small Business Administration and the Wisconsin Housing and Economic Development Authority will co-sponsor a conference to explore and discuss policies that speed, strengthen and enhance economic development in Wisconsin's rural areas.

Call for Papers: Small Business and Entrepreneurship during an Economic Recovery

The Board of Governors of the Federal Reserve System, the Federal Reserve Bank of Atlanta, and the Ewing Marion Kauffman Foundation invite the submission of papers for Small Business & Entrepreneurship during an Economic Recovery, a conference that will take place November 9–10, 2011, in Washington, DC, at the Board of Governors of the Federal Reserve System.

News
Video Now Available: Neighborhoods and Labor Markets

On June 16, 2011, the Chicago Fed held a conference on Neighorboods and Labor Markets: Comprehensive Community Development in the Metropolitan Context. The panelists at the conference discussed the disappearance of work for lower-income and predominantly minority neighborhoods in America's cities. Videos for the entire event are now available on the conference site.

Resources for Stabilizing Communities

 

Transcript

In Detroit, decades of population loss coupled with the foreclosure crisis has created a pivotal moment in which the city must reinvent itself. The city is partnering with community leaders to bring together thousands of residents to help make the tough choices that will shape Detroit's future. Take a look at some of the projects taking place that are part of this process.

Profitwise News and View July Edition

In this edition of Profitwise News and Views, we provide overviews of two conferences that addressed ways the industry is changing, organizing, and increasing its impact.

Chicago Fed Income Based Economic Index (IBEX)

This new index provides monthly inflation (IBEX - CPI) data for over 30 socioeconomic and demographic groups, including the elderly, the working poor and groups defined by educational attainment and income. The data cover the period 1983–2007 and will be updated annually.

The CRA and Subprime Lending: Discerning the Difference Banking and Community Perspectives

The Community Reinvestment Act (CRA) has been under much scrutiny amid the subprime lending bust. Critics of the CRA contend that the law pushed banking institutions to undertake high-risk mortgage lending.This issue examines the CRA and its role in the mortgage market and distinguish it from causes of the subprime failure.

Related Research by Economists at the Federal Reserve Bank of Chicago

These are links to recent working papers and other research by Federal Reserve Bank of Chicago economists on topics related to community development, financial access, consumer and regulatory issues.

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  • Access to Credit: A Guide for Bankers and Women Owners of Small Businesses
  • Banker's Guide to Risk-Based Fair Lending Examinations
  • Sprawl, Race, and Concentrated Poverty in Southeast Wisconsin
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