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Neighborhood revitalization and stabilization - Data/Research


Rust and Renewal: The Industrial Heartland from 1969 to the Present

Cleveland, Cincinnati, and Pittsburgh—once major centers of manufacturing. See how these metropolitan areas have fared during roughly the last half-century as manufacturing and other key sectors of their economies have evolved.

Home Lending in Fayette County Neighborhoods

The fourth in a series of reports that analyze Home Mortgage Disclosure Act data, Cleveland Fed researchers look at pre- and post-Great Recession mortgage lending in the county that is home to Lexington, Kentucky. Read their findings.

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.

Informal Homeownership Issues: Tracking Contract for Deed Sales in the Southeast

Since the Great Recession, homeownership rates have dropped and the wealth divide has widened for low-income and racial and ethnic minority households. Homeownership is a significant contributor to household balance sheets and generator of household wealth, particularly for these populations. A contract for deed is a seller-financed real estate contract consisting of installment payments. For households that desire the financial and physical security of owning a home, contracts for deed may provide an inexpensive option. However, risks may exist. This discussion paper explores informal homeownership issues by tracking contract for deed sales in the Southeast. 

Home Lending Reports Reveal that Home Loan Outcomes Vary by Race, Income, and County

This article from the Cleveland Fed examines trends in Cuyahoga and Allegheny counties and reveals differences for not only the counties, but also for borrowers of different races and incomes.

Home Lending in Allegheny County Neighborhoods

An analysis of Home Mortgage Disclosure Act (HMDA) data by two Cleveland Fed researchers finds differences in mortgage lending outcomes by race and income in Allegheny County (home of Pittsbugh, PA).

Home Lending in Cuyahoga County Neighborhoods

Two Cleveland Fed researchers use Home Mortgage Disclosure Act (HMDA) data to examine trends in mortgage lending and find differing outcomes by race and income in Cuyahoga County (home of Cleveland, OH).

Looking for Progress in America's Smaller Legacy Cities: A Report for Place-Based Funders

Place-based funders can play an important role for connecting economic growth to economic opportunity. Looking for Progress in America's Smaller Legacy Cities: A Report for Place-Based Funders describes a study tour undertaken by representatives from four Federal Reserve Banks and more than two dozen place-based funders, under the auspices of the Funders' Network-Federal Reserve Philanthropy Initiative.

Neighborhood Change in the Fourth Federal Reserve District: A Multivariate Approach

How often does the character of a neighborhood change, and what are the most common types of neighborhood change? A Cleveland Fed researcher has attempted to shed light on those two questions by looking at four cities (Cincinnati, Cleveland, Columbus, and Pittsburgh) over a 40-year period (1970-2010).

How Low Can Employment Growth Go without Boosting the Unemployment Rate in Fourth District States?

The nation continues to add jobs as the economic recovery continues, but employment growth is slowing, and even reversing, in some states, including those in the Fourth Federal Reserve District. How will this impact the District’s unemployment rate? In this January 2017 feature, a Cleveland Fed researcher examines five employment growth scenarios to find out.

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