Indepth analysis of persistant problems in the field of community development. Woodstock's research reports contribute to the body of knowledge used by policymakers and community development practitioners.
Profiles model small business lending programs around the country that
target modest-income communities. Examples include bank-community
partnerships, specialized bank units, multibank efforts,
government-administered programs, and CDFIs. The report also offers
lessons for effectively reaching underserved markets.
Explains the importance of small business development to modest-income
urban neighborhoods, including discussions of access-to-credit problems
and the role of CRA and economic development finance in these markets.
Provides a framework for developing strategies for addressing small
business financing needs in targeted markets.
Illustrates the quantitative relationship between the level of subprime lending in a neighborhood and foreclosure levels in a subsequent period, while controlling for changes in economic and demographic characteristics that might also effect foreclosure rates.
This report examines the reality of credit unions' claim that they honor the mission stated in the Federal Credit Union Act to meet the savings and credit needs of "persons of modest means." The report also discusses why it is so important that credit unions fulfill this statutory responsibility and how they might do so more effectively in the future.
