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.
Describes the reporting and disclosure requirements for non-profit
organizations entering into CRA agreements with financial institutions
as part of a series of CRA reforms passed as part of the
Gramm-Leach-Bliley Act.
This alert describes how the Financial Services Task Force of the
Chicago CRA Coalition, in partnership with Chicago area banks, is
expanding opportunities for lower-income consumers to establish deposit
accounts, improve their financial literacy, and develop assets.
This report provides a new analysis of the payday
lending industry and its customers. Using data obtained from the
Illinois Department of Financial Institutions (DFI) and various other
sources, it finds major faults in the key defenses that the industry
has used against stronger consumer regulation.
Between 1990 and 1996 there was a large increase
in the number of lower-income home buyers in the Chicago region. This
good news is tempered by the facts of where these households were able
to purchase homes. Most of them bought in Chicago and suburban Cook
County. Unless lower-income buyers have a choice of homes throughout
the six-county region, they will not gain the full benefits of
homeownership.
