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.
Since the passage of the Gramm Leach Bliley Financial Modernization Act of 1999 (GLBA), insurance companies, banks, mortgage companies, and securities firms have been allowed to merge with and acquire one another for the first time since the Great Depression. This Alert discusses the community development implications of these changes. It also gives an overview of how insurance companies that have opened bank charters are performing in relation to the Community Reinvestment Act (CRA) and fair lending.
Dan Immergluck, Grand Valley State University
Geoff Smith, Woodstock Institute
Examines the impact of foreclosures of single-family mortgages – both conventional and government guaranteed – on levels of violent and property crime at the neighborhood level.
This report examines the extent to which neighborhoods within the Chicago area have obtained significant levels of income and racial diversity in home buying and maintained such diversity over the 1990s. To do so, we compared compositions of buyers in neighborhoods across the metro area in 1993 and 1994 (combined) to those in 1999 and 2000 (combined).
The focus of this report is an analysis of changes in home buying in the Chicago area among different income groups. We compared buyers in 1993 and 1994 (combined) to those in 1999 and 2000 (combined).
Evaluates a variety of strategies for tackling the shortage of affordable rental housing, particularly as these strategies would impact small "mom and pop" owners of rental housing. Looks at an "average" cash flow statement of a Chicago owner with a 24 unit building to illustrate the impacts.
