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CEDRIC's mission is to foster research related to community and economic development issues.

Community and Economic Development Research Information Center (CEDRIC)

CEDRIC's principal mission is to foster and document research related to community and economic development issues such as small business financial behavior, access to credit, affordable housing, and community development and reinvestment.

Upcoming Events

2015 Federal Reserve System Community Development Research Conference

The Community Affairs Officers of the Federal Reserve System invite you to attend "Mobility: Research & Ideas on Strengthening Families, Communities & the Economy," the ninth biennial Federal Reserve System Community Development Research Conference. Read More...

News

The Federal Reserve Introduces FedCommunities.org

This new portal provides single-point-of-entry access to hundreds of community development resources from across the System. Learn more about workforce development efforts, data on foreclosure mitigation across regions, and maps for use in stabilization efforts by visiting all thirteen external Federal Reserve sites. Read more...

Resources for Businesses and Growth in Detroit

The Community Development and Policy Studies (CDPS) Division works on a variety of projects to leverage resources for businesses in the Detroit region and support strategies to attract investment to the city. Read more...

A Look at Upstate New York's Subprime Mortgages in Foreclosure

Subprime mortgage conditions remain a concern upstate. Analyzing a subset of these loans, this report finds that six counties with large urban centers account for about half of the securitized, subprime residential first lien loans in foreclosure. Read More... 

Understanding the Securitization of Subprime Mortgage Credit

This paper provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Read More...