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.
The most recently available home mortgage data for
the Chicago region show that refinancing loans were not uniformly
accessible to all residents. As a result, many borrowers,
particularly African-Americans, have not benefited from the refinancing
boom of the 1990's.
This alert examines two proposed changes to the
regulation of the Community Reinvestment Act: A regulation
calling for the collection and disclosure of small business loan
application and origination data for banks and savings and loans by
census tract. Second, a proposal calling for the use of some objective
measures as key indicators of a bank's responsiveness to credit and
capital needs. Woodstock Institute found that on both these central
changes, the revised proposal is a substantial retreat from earlier
progress.
A guide for congregations interested in understanding their community investment options, with descriptions of financial and management aspects, as well as social benefits, of different investment options. Examples provided.
