Federal Reserve Bank of San Francisco

Community Development in Practice

April 20, 2011

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.

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.