August 2012

Community Development and Education - Volume 24, Issue 2

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.

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.

Read the full issue (pdf, 2.06 mb)

Table of Contents

CI Notebook

As summer draws to a close, kids across America are preparing for the inevitable: the start of a new school year. Whether they greet this season with dread or excitement, the fact remains that their educational experience will shape the course of their lives.

Community Development and Education: A Shared Future

An examination of the intersection between education and community development and how cross-sectoral efforts can improve achievement among low-income students.

The New Civic Infrastructure: The “How To” of Collective Impact and Getting a Better Social Return on Investment

Cross-sector strategies require a common framework and set of standards for achieving maximum impact, to avoid a “spray and pray” approach to improving educational outcomes.

Schools Uniting Neighborhoods: Community Schools Anchoring Local Change

Learn how Multnomah County, Oregon is reinventing the school as a place that strengthens the entire community and addresses the full spectrum of family needs.

The Widening Academic Achievement Gap between the Rich and the Poor

As the income gap between high- and low-income families has widened, has the achievement gap between children in high- and low-income families also widened? The answer, in brief, is yes.

Looking Back and Moving Forward: Changes in the Affordable Multifamily Mortgage Industry

A look back at some of the lessons learned from CCRC’s 23 year history and new lessons for the affordable multifamily mortgage industry today.

CDFI Industry Analysis: Summary Report

The Carsey Institute and the CDFI Fund conducted a detailed analysis of a large sample of CDFIs on issues of capitalization, liquidity and portfolio, and risk management by CDFIs from 2005 to 2010.

Doctor CRA

Like many other banks, we have a large inventory of residential other real estate owned (OREO) properties. I’ve heard that rental demand is increasing in my market–vacancies are down and rents keep going up. Could we rent out our OREO properties as part of our disposition strategy, and if so, would we get CRA credit?

Data Snapshot: Education

Intergenerational mobility by college education, dropout rates by income level, and state funding for public education.

Research Briefs: Community Development and Education

Research briefs on public housing transformation and crime, metropolitan fragmentation and health disparities, and a survey that reveals changes in family finances.