Category Archives: Detroit

Revisiting the Promise and Problems of Inner City Economic Development: The Role of Industry Clusters

(To view full article with figures, click here) by Robin Newberger and Maude Toussaint-Comeau Last fall, Detroit provided an illustrative backdrop for a summit on economic advancement in distressed communities, sponsored by the Initiative for a Competitive Inner City, the … Continue reading

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An Innovative Mortgage Product for Detroit Homebuyers Enters the Market

By Emily Engel and Taz George In a recent article, Community Development and Policy Studies (CDPS) highlighted mortgage innovations serving low- and moderate-income (LMI) potential homebuyers. While Detroit has shown promising signs of an economic comeback, its housing market continues … Continue reading

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Designing Entrepreneurial Solutions to Address Urban/Inner City Problems

By Robin Newberger, David Tarver, and Maude Toussaint-Comeau Encouraging business formation, increasing employment, and improving quality of life in inner cities are a few of the most important but most challenging goals for both policymakers and community development professionals serving … Continue reading

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Preview of the upcoming Summit on Inner City Economic Development in Detroit

By Martin Lavelle In a recent blog, I shared my observations about Pittsburgh’s efforts to revitalize its urban core. Then, I analyzed the extent to which Pittsburgh’s turnaround can serve as a model for Detroit as its city leaders and … Continue reading

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Redefining Rustbelt: Making Broadband Available to Residents and Small Businesses in Detroit, Charlotte, Cleveland, and Philadelphia

By Robin Newberger and Maude Toussaint-Comeau In the digital era, broadband is essential for running a business, finding a job, and getting and receiving most types of mainstream data and information.  Yet disparity in broadband use remains a concern across … Continue reading

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What’s Missing? How Bankers and Community Development Finance Practitioners Can Reach Diverse Business Owners and Neighborhoods in Detroit

By Robin Newberger and Maude Toussaint-Comeau The Minority Capital Access forum in October 2014, hosted by the Community Development and Policy Studies Department, brought together panels of experts to reflect on recent efforts in Detroit to support small business owners, … Continue reading

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Redefining Rustbelt: Opportunities for city revitalization and educational reform

By Robin Newberger and Maude Toussaint-Comeau The fourth and final meeting in the Redefining Rust Belt series among the Federal Reserve Banks of Chicago (Detroit branch), Richmond (Baltimore branch), Philadelphia and Cleveland brought together public school superintendents to discuss the … Continue reading

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Redefining Rustbelt: Mitigating Blight and Managing Vacancies in Detroit, Baltimore, Cleveland, and Philadelphia

By Robin Newberger and Maude Toussaint-Comeau The Federal Reserve Banks of Richmond, Cleveland, Philadelphia, and Chicago-Detroit Branch recently held a videoconference on “Land Use Planning: Aligning Investment with Vision” to share strategies related to blight mitigation, the management of vacant … Continue reading

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Redefining Rust Belt: The Local Impact of Anchor Institutions in Detroit, Baltimore, Cleveland and Philadelphia

By Robin Newberger and Maude Toussaint-Comeau The Federal Reserve Banks of Richmond, Cleveland, Philadelphia, and Chicago-Detroit Branch recently held a discussion on the roles of anchor institutions and cultural and art organizations in the revitalization of urban neighborhoods, the second … Continue reading

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Introducing the Michigan Economy

Written by William Testa Followers of the Community Development and Policy Studies blog will be interested to learn that the Detroit Branch of the Chicago Fed have launched a blog that focuses on the Michigan Economy. This blog will serve … Continue reading

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