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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

Revisiting the Promise and Problems of Inner City Economic Development

The W. E. Upjohn Institute for Employment Research, Economic Development Quarterly and Sage, the Federal Reserve Bank of Chicago and the Initiative for a Competitive Inner City (ICIC) invite you to attend the inner city Economic Summit in Detroit, Michigan. Read more...

Save the Date: 2016 National Interagency Community Reinvestment Conference

This premier training and networking event for community development professionals, including CRA officers and staff from CDFIs, nonprofits and government agencies is sponsored by the Federal Deposit Insurance Corporation, the Federal Reserve Bank of San Francisco, the Office of the Comptroller of the Currency and the U.S. Department of the Treasury’s CDFI Fund. Read more...

News

ProfitWise News and Views Issue Two

This second edition of ProfitWise News and Views for 2015 provides a summary of findings of a groundbreaking survey project exploring indicators of small business financial health and documented Seventh district worker training programs aimed at some of the most difficult to employ populations, including formerly incarcerated individuals. Read more...

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...