"Because good health does not [just] happen in a doctor's office" -Elissa J. Bassler, Chief Executive Officer, Illinois Public Health Institute The Community Development and Policy Studies (CDPS) division of the Federal Reserve Bank of Chicago, in partnership with the Build Healthy Places Network (BHPN), Illinois Public Health Institute (IPHI) and County Health Rankings and Roadmaps, hosted an... Read More
The Federal Reserve Bank of Chicago's Community Development and Policy Studies Division regularly holds economic development forums around the 7th District that provide both a general economic overview and focus on topics of interest to stakeholders. On November 29 at a convening in Madison, WI, the topic was "Updates on the Midwest Economy & Fair Lending in a Social Media Context." ... Read More
Redeveloping communities across the country are facing gentrification and displacement pressures that threaten the well-being of low- and moderate-income residents. The pattern of gentrification and displacement is not always the same. Experts indicate that velocity is a key component. Once it is perceived that and area is an up and coming neighborhood, the velocity can be so rapid that it preclu... Read More
Greater Chatham is a 15-square-mile area in the city of Chicago that includes the neighborhoods of Avalon Park, Auburn Gresham, Greater Grand Crossing and Chatham. For decades, the area has been an African-American middle-class neighborhood known for its attractive and quality homes built between 1920s and 1950s as part of Chicago's “bungalow belt.” However, like many other neighborhood... Read More
There is a role for Community Development Financial Institution (CDFI) presence and activity in smaller markets, where the needs of low- and moderate-income (LMI) communities are often no different than those in larger markets. With a mandate to understand the credit needs of all communities across the Seventh District, the Community Development and Policy Studies division of the Federal Reserve ... Read More
The Federal Reserve Bank of Chicago's Community Development division regularly holds economic development forums around the Seventh District that provide both a general economic overview and focus on topics of interest to stakeholders. On May 23rd, the topic was “Updates on the Midwest Economy & Data Driven Supervision and Fair Lending Risk Management.” Bill Testa, Vice Presid... Read More
Investing in people, places, and communities can produce positive returns and increase access to resources that create economic growth and prosperity. With this set of principles in mind, the Federal Reserve Bank of Chicago is cosponsoring “Reinventing Our Communities - Investing in Opportunity” a 2.5 day conference in Baltimore, Maryland from October 1-3, 2018. Through a combination of plenaries... Read More
For the past four years, the Federal Reserve Bank of Chicago has distributed the Kansas City Federal Reserve's LMI survey to Seventh District constituents engaged in community development. Recipients of the emailed survey are active in the fields of real estate development, finance, financial counseling, economic development, banking, consumer advocacy, small business development, philanthropy, l... Read More
This month we are launching a new e-newsletter to create a comprehensive source for Community Development and Policy Studies news. This monthly email will highlight the latest community development publications (including ProfitWise News and Views), blogs, and upcoming events from the Federal Reserve Bank of Chicago and across the Federal Reserve System. Our intent with this new communications pl... Read More
Thanks to the participation of over a thousand businesses across Illinois, Indiana, Iowa, Michigan and Wisconsin, the latest round of the nationwide SBCS1 provides fresh information about small business economic trends in the area served by the Federal Reserve Seventh District. One of the most notable findings is the predominance of older firms among survey respondents and the small numbe... Read More
