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Series:FRB Atlanta Community and Economic Development Discussion Paper 

Discussion Paper
Resilience in planning: a review of comprehensive plans in Mississippi after Hurricane Katrina

This paper analyzes and compares the decisions communities made in rebuilding after Hurricane Katrina in 2005 to determine to what extent post-Katrina comprehensive plans promote resilience based on built environment factors that have been shown to improve social networking, physical safety, and community building. Levels of recovery are also examined, measured by the current numbers of occupied housing units in each community compared with pre-Katrina numbers. After Katrina, multiple planning documents were produced by a variety of organizations. Mississippi state statute requires each ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2015-1

Discussion Paper
Declines in Low-Cost Rented Housing Units in Eight Large Southeastern Cities

From the last quarter of 2012 to the last quarter of 2015, median rents rose 23.4 percent in the South, according to the Census Bureau. Accordingly, an increasing number of households in the South are cost-burdened, which is defined as a household spending more than 30 percent of its income on housing. A growing number of households spend over 50 percent of their income on rent, making them severely cost-burdened. The percentage of such severely cost-burdened households with incomes below $35,000 reached 80 percent in 2014 in eight central cities in the Southeast (Atlanta, Birmingham, ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2016-03

Discussion Paper
Anchor Institution Strategies in the Southeast: Working with Hospitals and Universities to Support Inclusive Growth

Engaging universities and hospitals to address economic disparities—often referred to as anchor institution strategies—has been understudied in the Southeast. The author examines efforts to launch anchor institution strategies in the Southeast. First, the author reviews the anchor institution concept in economic development, noting how the strategy has evolved from single institutions focusing on a set of neighborhoods to expanding to multi-institution collaboratives that attempt to tackle economic inequalities at a city or regional level. Second, the author offers case studies of New ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2019-02

Discussion Paper
Fragmentation in Workforce Development and Efforts to Coordinate Regional Workforce Development Systems: A Case Study of Challenges in Atlanta and Models for Regional Cooperation from across the Country

The importance of human capital in regional economic competitiveness is increasingly apparent. However, structural changes, fragmentation, the instability of funding, and other factors have led to challenges for workforce development providers as well as workforce development systems. This fragmentation has created a less coherent and coordinated workforce development system. Often, metropolitan areas have many programs and policies in place to train workers for jobs that require sub baccalaureate credentials or skills. The lack of coordination in local training systems may limit the ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2015-02

Discussion Paper
Mind the Gap: How Do Credit Market Experiences and Borrowing Patterns Differ for Minority-Owned Firms?

Given the relationship between a small business’s access to financing and its outcomes, and given the growing share of minorities in the U.S. population, it is important that creditworthy firms and entrepreneurs, irrespective of race or ethnicity, are able to secure adequate financial resources to achieve growth and success. This paper employs data from the Federal Reserve System’s 2016 Small Business Credit Survey to explore under what conditions credit market experiences differ for various racial and ethnic ownership groups of small employer firms.The authors find evidence for ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2018-03

Discussion Paper
Community response to the foreclosure crisis: thoughts on local interventions

In the wake of the ongoing national mortgage crisis, preventing or mitigating foreclosures and facilitating recovery from the damage they cause have become tremendous challenges for community developers, policymakers, and a wide variety of other actors in cities and metropolitan areas. ; The purpose of this paper is to lay out the range of responses to the foreclosure crisis in which local organizations have been engaged in recent years. It is not intended to be a catalogue of best practices. Rather, it uses examples of strategies and programs only for illustrative, explanatory purposes. ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2008-01

Discussion Paper
The Financing Experiences of Nonemployer Firms: Evidence from the 2014 Joint Small Business Credit Survey

Businesses without employees—or nonemployer firms—make up the majority of small businesses in the United States, but little is known about their financial lives, including their business financing needs and experiences. In this paper, we discuss findings from data on non-employer firms in the 2014 Joint Small Business Credit Survey, a new annual survey by the Federal Reserve Banks of Atlanta, Cleveland, New York, and Philadelphia. Our results indicate that non-employers use financing less than employers do. They hold less debt and apply for financing at lower rates, even when controlling ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2015-03

Discussion Paper
Risk and Resilience: How Weather-Related Disasters Impact Economically Marginalized Communities

Weather-related disaster risks have adverse economic impacts for workers, households, and communities across the country. Low-income communities and communities of color tend to be at disproportionate risk to economic disruptions from weather-related disasters. Our team surveyed and interviewed professionals in the Southeast that work with or whose work impacts these marginalized communities across core issue areas relevant to community development, resilience, and disaster risk management in the nonprofit, public, and private sectors. Respondents and interviewees shared their perceptions of ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2024-02

Discussion Paper
What Works at Scale? A Framework to Scale Up Workforce Development Programs

Workforce development policymakers have access to a growing catalog of training programs evaluated with rigorous randomized controlled trials. This evidence base identifies programs that work in specific geographic and temporal contexts but may not necessarily work in other contexts or at a scale sufficient to meet regional workforce needs. The author examines a sample of recent randomized controlled trials of workforce development programs and reports to what extent this body of evidence informs policymakers about what works at scale. The author finds that most programs are implemented at a ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2019-01

Discussion Paper
How Do Firms Respond to Hiring Difficulties? Evidence from the Federal Reserve Banks' Small Business Credit Survey

Using data from the Federal Reserve Banks' 2017 Small Business Credit Survey (SBCS), this paper investigates the various ways in which different types of firms with less than 500 employees experience and address hiring difficulties, including when they decide to increase compensation. {{p}} The authors find significant variation in hiring difficulties by type of firm, and a firm's response appears to depend on the nature of the problem. The most common response is to increase compensation, with firms that experience competition from other employers being the most likely to do so. Other common ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2018-1

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