Affordable housing - Tools
Bank’s Community Reinvestment Act (CRA) Opportunities for Promoting Job Creation, Workforce Development, and Place-Based Investment
This report summarizes innovative activities from banks’ Community Reinvestment Act (CRA) performance evaluations in the areas of job creation, education and workforce development, and transportation and affordable housing. By providing real-world examples of situations in which banks received CRA credit in these areas, we hope other banks will consider pursuing similar opportunities in the areas they serve for which they can receive CRA consideration, thus promoting economic growth and prosperity in these communities.
The Home Mortgage Explorer is a tool that draws from publicly available Home Mortgage Disclosure Act (HMDA) data and enables users to explore trends in mortgage lending between 2010 and 2015 for the U.S. as a whole, states, and metropolitan and nonmetropolitan areas. Trends can be examined by loan purpose (e.g., home purchase vs. refinance) and loan type (e.g., conventional vs. Federal Housing Administration), and all measures are provided by applicant and neighborhood income.
A website that accompanies the Dallas Fed study, "Las Colonias in the 21st Century: Progress Along the Texas-Mexico Border," which examines successes and challenges in infrastructure, housing, economic opportunity, education and health in Texas colonias. The site features a report, video, photos, success stories, data, legislation information and related resources.
The 12th District County Profiles, published by the San Francisco Fed, provide valuable information on the various labor-market, housing, and economic development issues impacting communities throughout the nine western states. More counties will be added in future rounds of profiles, so check back often to see if your community is featured!
This report from the Boton Fed describes credit conditions in Massachusetts in low- and moderate-income and middle- and high-income census tracts using a unique and nationally representative database of all individuals who have a credit history. The analysis highlights the differences in the percentage of individuals with credit accounts, median balances, monthly payments, delinquency rates, and credit scores in 2006 and 2012.
In disadvantaged neighborhoods, the condition of the housing stock can vary from block to block. On one block, homes appear well kept and in good condition, while on another, many homes show signs of physical distress. Since the blocks within the same neighborhood are often similar in terms of home values, what accounts for this pattern? And is there any contagion effect of home maintenance? Researchers at the Boston Fed examine this issue in several Boston neighborhoods in this report.
Visualize key economic and demographic data with the Kansas City Fed's new interactive web-based mapping tool. Overlay 31 different data indicators onto maps of your community. Users can also watch a video tutorial to learn how to identify geographies, select points, create a map and share a map.
How did the Neighborhood Stabilization Program play out in Boston? A research team at the Federal Reserve Bank of Boston conducted a multi-method study of the impact of the Boston Neighborhood Stabilization Program effort. We found that the program properties were slower to be rehabilitated than a comparison group of non-program properties and that the program had very little impact on the physical or social conditions of the block. We conclude by offering some policy implications
Together with Living Cities, the Boston Fed launched a unique challenge to smaller industrial cities in the Northeast: Expand collaborative leadership that leads to a comprehensive city vision and cross-sectoral partnerships. Cities competed for grant monies to fund their ideas. Learn more about the Working Cities Challenge -- which cities' bold platforms are being funded, and how might their futures, and those of their residents, be improved.