This quarterly publication focuses on community development issues and innovative solutions relevant to communities within the Federal Reserve’s 12th District.
This issue of Community Investments asks how different stakeholders within the affordable housing industry are looking ahead and considering adjustments to their practices, in order to continue to provide affordable homes in a challenging fiscal environment. In this issue, we take a look inside affordable housing practitioners’ thought processes around current affordable housing challenges, and look at the beginnings of innovative models for the new housing paradigm. We examine new public-private funding partnership models, and consider innovations underway within existing housing programs that could streamline the development process and encourage more efficient construction of safe and stable affordable homes. We learn about new cross-sector efforts with health care, transportation, and energy efficiency practitioners in which affordable housing serves as a crucial base to support resilient neighborhoods, and discover how service-enriched housing helps the most vulnerable members of our communities to lead fuller lives in a more stable environment.
This special issue of Community Investments highlights excerpts from a new book published by the Federal Reserve Bank of San Francisco and the Low Income Investment Fund titled Investing in What Works for America’s Communities: Essays on People, Place & Purpose, with a particular focus on the topic of “integration,” a prominent theme that emerges from the book. The most promising models of community development going forward all include elements of integration, such as layered financing, joint development, shared accountability, or coordinated services. The authors argue that the dichotomy of “people versus place” and the rigid siloes separating housing, education, health, and other sectors must become a thing of the past in order to effectively address poverty in the future.
This issue of Community Investments focuses on the intersection between education and community development in an attempt to identify shared goals and seed a conversation between the two sectors. The articles in this issue examine broad trends in educational equity and new models for better integrating community development and schools. We address issues such as the importance of setting standards for collective impact and explore how a thriving network of community schools in Multnomah County, Oregon is strategically aligning youth, family, and community services with schools to improve educational outcomes. The issue also examines the widening academic achievement gap between the rich and the poor, which has important implications for inequality in America.
This issue of Community Investments focuses on the topic of data and measurement and its implications for community development. The articles provide an introduction to the basic concepts and challenges related to impact measurement in the field, and also explore more in-depth issues, such as the impact tensions that arise in place-based initiatives and the use of a logic model for CDFIs to conceptualize their impact. We also examine Social Impact Bonds, a new investment vehicle that reflects an important movement in the impact investing sector toward robust measurement of social progress. Our “Eye on Community Development” section features articles on new research findings from the Supplemental Poverty Measure and a new REO EQ2 lending program that meets the needs of nonprofits utilizing NSP funds for local neighborhood stabilization.
This issue of Community Investments explores the issue of income inequality from a community development perspective, examining the broad trends that have contributed to its rise as well as the impact of inequality at the individual and community level. The articles consider different facets of income inequality, such as the geographic segregation of income groups at the neighborhood and regional level, and the increasing polarization of the labor market. A "Community Perspectives" thought piece examines the causes and consequences of the broad changes in income distribution. In addition, we address the impact of poverty stressors on LMI households. Our "Eye on Community Development" section highlights important advancements in the community development field, including the CDFI Bond Program and new approaches to addressing adult literacy. We hope this issue of CI sheds light on the complex topic of income inequality in the United States, and more importantly, on the community development field’s role in addressing it.
This issue of Community Investments focuses on community development practice–what are some emerging ideas for programs and policies that can help lower-income communities rebuild after the recession, and what do we know about their effectiveness? The issue profiles two new efforts to improve consumers’ financial decisions, including a lottery-based savings account for youth and a nonprofit check cashing outlet. It also highlights new research on shared equity homeownership programs, local strategies for responding to investor purchases of distressed properties, and the early implementation of the Neighborhood Stabilization Program.
This issue of Community Investments examines the relationship between health and community development and the rich opportunities for cross sectoral partnerships between the two fields. The articles explore the striking health disparities that exist across populations of different socioeconomic and demographic backgrounds and delve into specific examples of community-based approaches to improving health outcomes.
This issue of Community Investments explores the growing practice of transit-oriented development (TOD) and its implications for community development. The articles provide an introduction to basic TOD concepts and also explore issues such as how transit affects economic opportunities for LMI workers and the interrelationship between transit and schools. We also examine equity issues in TOD and transit funding, and highlight models for protecting the interests of LMI communities affected by TOD.
This issue of Community Investments explores key issues in place-based community development. The articles highlight some of the lessons learned over the past two decades of place-based work and introduce new ideas to inform future initiatives, such as using a neighborhood typology to inform investment strategies. We also consider the effect of place on youth and explore the very difficult task of evaluating place-based initiatives.
In this issue of Community Investments, we explore the challenges and opportunities that lie ahead for the field of community development finance. The articles cover a range of issues, including practical strategies for coping with the current economic environment, ideas for strengthening the Low Income Housing Tax Credit, as well as information on the unique financial structure of nonprofits and its implications for nonprofit sustainability. We’ll also look at how small businesses are faring in the difficult economic climate and examine the role of P2P lending in community development finance.
In this issue of Community Investments, we explore how the growing field of financial education can help people maximize their financial well-being. We discuss best practices in financial education, the role of financial institutions in delivering financial education tied to financial products, and how insights from behavioral economics can improve the design of financial education. In addition, we take a closer look at a research study measuring the effectiveness of financial education among soldiers and consider strategies to promote asset building at tax time.
In this issue, we address the challenges that low-income communities face in times of high unemployment and explore a variety of workforce development efforts that can improve prospects for low-wage and low-skilled workers. This issue also includes a new “look” new quarterly features, and timely updates on relevant community development topics, such as the National Community Stabilization Trust and innovations around the Earned Income Tax Credit.
In this issue of Community Investments, we highlight efforts that demonstrate a growing commitment by the community development field to taking environmental concerns into account. The articles in this issue illustrate how developers, investors, and grassroots organizations are finding creative and effective ways to bundle environmentally responsible outcomes with community development ends.
We highlight efforts that demonstrate a growing commitment by the community development field to taking environmental concerns into account.
We highlight the San Francisco Fed’s role in community development efforts taking place in the 12th District.
This issue of Community Investments focuses on youth and education, and considers how the community development field can contribute to improving access to a high quality education for low-income children.
This issue of Community Investments focuses on rural community and economic development issues, highlighting ways that practitioners and policymakers are shifting their efforts toward the development of local assets, such as building leadership and entrepreneurial capacity, and looking for innovative ways to leverage limited resources to build housing, improve infrastructure, and reduce poverty.
This issue of Community Investments is a special issue on homeownership preservation.
The immigration reform debate that has been swirling through Washington’s political corridors is enormously complicated. At issue are concerns over national security and the effects of competition in U.S. labor markets, as well as the costs that immigrants may impose on government budgets.
As we approach community development strategically, it’s important to remember the visible role small businesses play in transforming communities.
In this latest issue of Community Investments, we look at the challenges facing low-income neighborhoods and explore some of the principles underlying successful integrated approaches to community development.
This publication continues the single-topic trend by looking at the issue of affordable housing in high cost areas.
This year, the Community Affairs Offices of the Federal Reserve System have launched an exciting System-wide initiative on asset building, Innovations in Asset Building Policy, Products and Programs.