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Multimedia - Community Development Resources


Opportunity Zones: Understanding the Potential of the New Community Development Tax Incentive

This Connecting Communities® webinar on July 26 highlighted the new Opportunity Zones tax incentive, which aims to drive long-term equity capital to distressed communities by providing tax benefits on investments in Opportunity Funds. Speakers provided details on how the tax incentive is expected to work and highlighted emerging national and local strategies to engage residents around how these funds are deployed in their communities. Presenters included Rachel Reilly, Director, Impact Investing, Enterprise Community Partners; Eric Robertson, President, Communtiy LIFT; and Amanda Roberts, Senior Community Development Analyst, Federal Reserve Board of Governors.

HMDA Data: A New Mortgage Lending Resource for Indian Country

Back in 2017, the Center for Indian Country Development (CICD) at the Federal Reserve Bank of Minneapolis released an online Reservation Profiles tool that provides demographic information about federally recognized American Indian tribes with populations of at least 2,500. In this CICD Blog post, read how the recent addition of Home Mortgage Disclosure Act data to the tool can enhance users' understanding of mortgage lending in Indian Country. 

Unemployment, Vacant Properties, Population Decline: Finding Solutions in Dayton

The Cleveland Fed toured Dayton, Ohio and heard from people who raised shared challenges: employers unable to fill jobs, vacant and abandoned housing, and population loss. What are people attempting to do to turn things around, and what’s working?

Manufactured-Home Lending to American Indians in Indian Country Remains Highly Concentrated

This blog post, published by the Center for Indian Country Development at the Federal Reserve Bank of Minneapolis, discusses two lenders owned by Clayton Homes that finance a high share of manufactured homes bought by American Indians and Alaska Natives on or near American Indian reservations. 

WEBINAR | Connecting Communities: Engaging Banks in Workforce Development, Part 2

This two-part Connecting Communities® webinar series highlights how banks and their partners can play an important role in workforce development and help fulfill bank obligations under the Community Reinvestment Act. Presenters for Part 2 include Priscilla Dinn Alvarez, VIDA (Valley Initiative for Development and Advancement); Barbara Mahnen, Bank of America; Andrea Stiles Pullas, Mi Casa Resource Center; Rubin Ramos, BBVA Compass; and Steven Shepelwich, Federal Reserve Bank of Kansas City.

Connecting Communities Webinar: Broadband Under the Community Reinvestment Act

This Connecting Communities® webinar, featured on January 11, 2018, highlights how financial institutions could receive Community Reinvestment Act consideration for taking advantage of new opportunities to help close the digital divide across communities and improve economic stability. Presenters include Jordana Barton, Federal Reserve Bank of Dallas; Jeanne Bonds, Federal Reserve Bank of Richmond; Chelsea Cruz and Adrian Franco, Federal Reserve Bank of New York; and Yolanda Davila, BBVA Compass.

Ny Fed CRA Portal and Find Your Bank Tool

The NY Fed's Community Reinvestment Act Portal is a one-stop-shop for financial institutions, community organizations, and other stakeholders seeking information and resources related to the CRA. The website also includes the interactive tool “Find Your Bank”. This tool is a sortable table which includes 10 years-worth of information on NY Fed supervised financial institutions and their CRA performance.

 

Connecting Communities Webinar: Mitigating Neighborhood Blight

This Connecting Communities® webinar, produced in November 2017, highlights two innovative programs and a policy strategy that offers working solutions to mitigate the impact of blight, vacancy and abandonment in distressed communities across the country. Presenters include Kim Graziani, Center for Community Progress; Steve Lockwood, Frayser Community Development Corp.; Krysta Pate, Detroit Home Mortgage; and Matt Josephs, LISC.

WEBINAR | Advancing Financial Inclusion: Innovative Financial Products and Services for Low-Income Households

According to the Aspen Institute, more than 50 million Americans live in or near financial crisis, and a growing number lack savings cushions to weather emergencies. Organizations across the country are developing solutions to address volatility and financial inclusion and to support households in managing cash flow and building savings, increasing credit and confidence along the way. Tune in to this free, one-hour Connecting Communities® webinar to hear from leading experts as they engage in dialogue about research, current initiatives and best practices to help address the challenges low-income households face in the financial marketplace. 

Economy Matters Podcast: Heirs' Property

Heirs' properties are parcels of residential, agricultural, commercial, or even vacant land that are inherited by the descendants of a previous owner. Without a properly administered will, property is passed on to the owner's children, and then to their children, and then to other successive generations of children, and this default ownership structure is known as “tenancy in common." It can cause a number of issues for both families and communities, which this Economy Matters podcast explores. 

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