Category Archives: Community Development and Policy Studies

Four Videos Help Explain the Community Reinvestment Act

By Jason Keller A series of four recently released videos commemorate the 40th anniversary of the Community Reinvestment Act (CRA). Passed in 1977, CRA “is intended to encourage depository institutions to help meet the credit needs of the communities in … Continue reading

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Peer City Tool and 500 Cities Data: Mapping Trends and Challenges Among Peer Cities

Originally posted May 16, 2017 on Community Commons by Andria Caruthers The Federal Reserve Bank of Chicago (FRBC) recently introduced the Peer City Identification Tool. The tool identifies peer or “sister” cities that are experiencing similar trends and challenges in … Continue reading

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Investing in America’s Workforce

By Jason Keller Final revisions to the Interagency Questions and Answers (Q and A’s) Regarding Community Reinvestment were recently released[1] by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of … Continue reading

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Focus on Small Business: Small Business Credit Survey Results & Small Business Week

By Emily Engel Community Development and Policy Studies (CDPS) of the Chicago Federal Reserve, along with all the other Federal Reserve Banks in the system, is now participating in the Small Business Credit Survey. “More than half of Americans either … Continue reading

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Understanding the PCIT or What do Wauwatosa and Waltham have in Common?

By Susan Longworth, Taz George, and Mark O’Dell What do Wauwatosa, WI and Waltham, MA have in common? A new online data visualization instrument from the Federal Reserve Bank of Chicago’s Community Development and Policy Studies division sheds light on … Continue reading

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What is Money Smart Week?

By Heather Greenwell, Outreach Program Team Lead, Public Affairs, Federal Reserve Bank of Chicago   In an effort to focus consumer attention on the importance of managing personal finances, the Federal Reserve Bank of Chicago coordinates Money Smart Week (MSW) … Continue reading

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Looking for Progress in America’s Smaller Legacy Cities: A Report for Place-based Funders

By: Alicia Kitsuse, The Funders’ Network & Jeremiah P. Boyle, Federal Reserve Bank of Chicago The Federal Reserve Banks of Atlanta, Boston, Chicago, and New York recently released, in partnership with The Funders’ Network, a whitepaper presenting findings from a … Continue reading

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Community Advisory Council (CAC) Nominations are Now Open

By Jason Keller The Federal Reserve Board of Governors (the Board) announced on April 4, 2017, that it is accepting applications[1] from individuals who wish to be considered for membership on the Community Advisory Council (CAC). Community Development and Policies … Continue reading

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ABLE Accounts: Asset Development Tool for Disabled Individuals

By Marva Williams Community Development and Policy Studies (CDPS) works to improve the socioeconomic prospects of low- and moderate-income (LMI) people by helping to facilitate the flow of credit and financial services to their communities. This is accomplished by monitoring … Continue reading

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Workforce Development for the Next Generation: Early Childhood Education

By Emily Engel Workforce development, long thought to be the purview of community colleges and other vocational programs increasingly extends into early childhood education and elementary school. In fact, many practitioners today believe that workforce development and early childhood education … Continue reading

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