Federal Reserve Bank of San Francisco

Community Development Finance

December 12, 2009

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.

The views expressed are not necessarily those of the Federal Reserve Bank of San Francisco or the Federal Reserve System. Material herein may be reprinted or abstracted provided Community Investments is credited. Please provide our Community Development Department with a copy of any publication in which material is reprinted.