In a recent article, Community Development and Policy Studies (CDPS) highlighted mortgage innovations serving low- and moderate-income (LMI) potential homebuyers. While Detroit has shown promising signs of an economic comeback, its housing market continues to struggle with a high number of blighted and vacant properties, and very limited mortgage lending activity. This blog summarizes a recently ... Read More
Every year, Community Development and Policy Studies (CDPS) researches issues that affect low- and moderate-income (LMI) communities in the Seventh District that relate to, among other topics, economic/worker mobility; access to competitively priced credit and financial services; small business development; health disparities by socioeconomic cohort; bank closure/consolidation; and affor... Read More
In honor of Earth Day last week, and in light of the emphasis that CDPS places on workforce development, this blog will profile two programs helping the formerly incarcerated enter or re-enter the workforce while making Chicago “greener.” According to various reports, the United States has the world's highest incarceration rate. None of the world's other 33 (as characterized by UN... Read More
On a recent tour of Spotted Cow Acres, LLC., located in Owen, Wisconsin, Jared and Justin Eloranta, brothers who own the farm, spent the morning demonstrating their new high-tech barn and robotic milking machines. With huge ceiling fans whirling over hundreds of cows, humans seemed totally out of place. A decades-long trend is that jobs in manufacturing and other industries have been repl... Read More
Every year, Community Development and Policy Studies (CDPS) researches issues that affect low- and moderate-income (LMI) communities in the Seventh District that relate to, among other topics, economic/worker mobility; access to competitively priced credit and financial services; small business development; health disparities by socio-economic cohort; bank closure/consolidation; and affor... Read More
On March 16, the Robert Wood Johnson Foundation released its 2016 County Health Rankings1 showing a worsening of conditions in some “rustbelt” counties like Wayne County (Detroit), and Philadelphia County, ranking them lowest in their respective states in terms of the social and economic factors and physical environment that affect health. In order to improve economic and physical health ... Read More
The Federal Reserve Bank of Chicago Community Development and Policy Studies Department participated in administering The Federal Reserve Bank of Kansas City's low- and moderate-income survey to respondents in the Seventh District. The survey is administered online twice a year to measure “economic conditions of low- and moderate-income (LMI) populations and the organizations that serve t... Read More
In the Community Development and Policy Studies (CDPS) Department's field work throughout the Seventh District, CDPS contacts - in varying contexts - have voiced concerns about conditions impacting low- and Encouraging business formation, increasing employment, and improving quality of life in inner cities are a few of the most important but most challenging goals for both policymakers an... Read More
On November 17, 2015, the Federal Reserve Bank of Chicago and the Upjohn Institute will hold a conference to explore labor issues affecting agriculture and the rural Midwest. The conference will be preceded on November 16, 2015, by the performance of a play that deals with immigrant experiences in agriculture, followed by a policy discussion. Visit the conference website for more details and to r... Read More
Continuing efforts to facilitate opportunities for the community development and public health sectors to collaborate in order to maximize resources and impact, the Community Development and Policy Studies Division at the Federal Reserve Bank of Chicago introduces MeasureUp, an online application recently released by the Build Healthy Places Network that will help to communicate data acr... Read More
