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By Emily Engel, Jason Keller       June 11, 2013

A large body of research and evidence demonstrates inextricable linkages between economic success and physical and mental wellbeing in communities. People who live in economically challenged areas endure more stress and demonstrate higher levels of mental illness, are more prone to serious and earlier onset of disease, and live shorter lives, irrespective of genetic predispositions. ... Read More

By Emily Engel, Daniel DiFranco       April 19, 2013

Recently, the news media have been discussing an uptick in the housing market. We document some of the positive effects we have seen in the Seventh District in a series of Foreclosure Graphs, shown here and available on our Foreclosure Resource Center website. Start rates, which measure the pace at which homes enter foreclosure, have come down significantly. This is a... Read More

By Emily Engel       March 14, 2013

This blog is a summary of Community Development and Policy Studies topics in the Seventh District from the latest CDPS Survey. According to the latest CDPS survey: The biggest issue impacting the health of housing markets in the Seventh District, especially in low- and moderate-income communities (LMI) is the oversupply of vacant homes. Additionally, conta... Read More

By Emily Engel       March 1, 2013

On January 30, 2013, the Chicago Fed hosted a conference organized by the Woodstock Institute and other partners in the Regional Home Ownership Preservation Initiative (RHOPI) entitled, “Single-Family Rental Housing: Managing the Next Step of the Foreclosure Crisis”, which focused on Chicago's affordable rental housing market (single-family to 50-unit buildings). RHOPI, a multi-year prog... Read More

By Emily Engel       January 18, 2013

Brief History on Green Bay Green Bay is the oldest settlement in Wisconsin.1 Settled by the French in the 17th century due to its strategic location at the junction of the Fox and Wisconsin Rivers. Green Bay is also a Lake Michigan port and connects, via the Fox and Wisconsin Rivers to the Mississippi River, and, ultimately the Gulf of Mexico. Established as a trading post for f... Read More

By William Testa       January 15, 2013

Followers of the Community Development and Policy Studies blog will be interested to learn that the Detroit Branch of the Chicago Fed has launched a blog that focuses on the Michigan Economy. This blog will serve as a portal for our numerous activities concerning Michigan, ranging from economic analysis to community development and economic education. Moreover, the Michigan Economy blog w... Read More

By Robin Newberger, Maude Toussaint-Comeau       December 26, 2012

During the past year, the Federal Reserve Bank of Chicago's Community Development and Policy Studies division has been studying the changing financial landscape of Detroit and its implications for access to financial services and lending to small businesses in the city's low- and moderate-income neighborhoods. As documented in the study, in the city of Detroit, the number of banks, both l... Read More

By Susan Longworth       December 20, 2012

In March of this year, the Organization for Economic Co-operation and Development (OECD) released its Territorial Review of the Chicago Tri-State Metro Region.1 The first time a U.S. region has been reviewed by the OECD, the findings gave perspective to challenges familiar to the region's leaders and residents. The Review area includes 21 counties stretching from Wisconsin into Indiana (M... Read More

December 12, 2012

Chicago Fed President Charles Evans recently delivered the keynote address at the Lakeshore Chamber of Commerce 8th Annual Business Expo and Luncheon in Hammond, Indiana. The audience included more than 300 local chamber members, mayors of several Northwest Indiana cities, businessmen, academics and local residents. President Evans and several of the Fed's senior staff also toured projec... Read More

By Susan Longworth       August 21, 2012

The Community Development Financial Institutions (CDFI) Fund of the U.S. Department of the Treasury recently announced the largest set of awards in total to CDFIs in its history—over $185 million to 210 organizations in more than 40 states and the District of Columbia. Through the CDFI Program's Financial Assistance, Technical Assistance, and Native American CDFI Assistance (NAC... Read More

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