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.
Analyzes impacts of CDFIs in Illinois using FY 2001 data. Shows impactsof CDFIs on affordable housing, community facilities, individual development account programs, technical assistance, and other benefits. Makes a case for funding for the newly created Illinois Fund for Investment and Development (IFID), a CDFI authority for the state of Illinois.
Demonstrates the importance of bank investments in community development financial institutions (CDFIs) that are crucial actors in low-income community development. Utilizing a new data source covering 379 CDFIs across the country, finds that bank investments are crucial to CDFIs. Provides evidence of the importance of the investment test portion of CRA exams and calls for an increase in the appropriation of the federal CDFI Fund.
Shows that community development (CD) banks far outperform regular
banks in serving low-income and minority communities. Includes
extensive data analysis which describes the performance of banks in
Chicago. Demonstrates that a considerably higher percent of CD banks'
home loans go to lower-income neighborhoods and borrowers than is true
for all other lenders. The same pattern is repeated for loans to
minority neighborhoods and borrowers.
Utilizing extensive data analysis, this alert shows how community
development banks have grown in size and financial strength while at
the same time serving their community development mission.
