Neighborhood revitalization and stabilization - Featured
The Federal Reserve Bank of Chicago and the American Bankers Association will host Tools toward Market Restoration: Where Growth and Opportunity Converge on May 1-2, 2018, in Detroit. The two-day conference will delve into how policies and practices impact place-based inequality. Policy experts and leading practitioners will share knowledge derived from current research, innovative programs, and interventions.
Nearly 10 years have passed since Hurricane Ike hit Galveston, Texas, yet many low- and moderate-income neighborhoods and affordable homes have not been rebuilt or replaced. The result is a community that is less economically diverse and more likely to face serious workforce challenges in the coming years. This new Dallas Fed report explores the impact of redevelopment efforts and gentrification on Galveston specifically, but the lessons learned can inform individuals and communities recovering from recent natural disasters across the U.S.
Bridges is a quarterly review of regional community and economic development issues, projects, and regulatory changes for practitioners from community-based organizations, as well as for CRA officers, academics, and government officials that work in the Eighth Federal Reserve District. Feature articles in the Winter 2017-2018 issue include: New St. Louis Fed Tool Dives Deep into Community Investment; Cash on Hand Is Critical for Avoiding Hardship; Connecting a Memphis Community to the Built Environment through Equity; Investment Connection: The St. Louis Fed’s New Approach to CRA; CRA: An Examiner’s Perspective – Questions to Ask Workforce Development Partners; and more.
This article from the Chicago Fed's ProfitWise News and Views, Issue 4, 2017, explores employment change in ethnic minority neighborhoods in the Seventh District in comparison to job growth within their regions before and after the Great Recession.
Ever wonder about the Federal Reserve’s involvement in the field of community development? Wonder no more. Released in June 2014, Federal Reserve Community Development Perspectives: A summary of activities, insights, and future opportunities answers the "what," "why" and "how" of the Fed's role in community development. The report highlights the Fed’s recent efforts to address barriers to economic growth, and promote fair and informed access to financial markets. Featuring brief summaries of its community development work organized into four focus areas--people, place, the policy and practice of community development, and small business--the report includes background information that helps to provide context for this work, a sampling of key research, outreach programs and other initiatives, as well as some ideas on future challenges, needs and opportunities.