Investing in our communities: \\"new markets\\" programs offer financial incentives to encourage investment
Late last year Congress produced two pieces of legislation focusing on economic development in low-income communities. Both aim to encourage investment in America's economically distressed communities.
Strategies for banking the unbanked: are they working?
Banks are looking at new approaches to serving the unbanked, but many barriers exist. KeyBank is a pioneer in offering banking services to the unbanked.
Who has the authority to regulate predatory lending?
An investigation of who has the authority to address predatory lending in the Fourth Federal Reserve District. Regulatory agencies, including the Federal Reserve, are concerned about abusive lending practices that may be corroding some of the positive impacts of CRA-related lending in low- and moderate-income neighborhoods over the last decade.
Containing a firestorm: adaptive policies needed to address changing foreclosure landscape
Like a wildfire leaving devastation in its path, the foreclosure crisis continues to wreak havoc on many families and communities throughout the Fourth District, especially in the largest urban areas. Only a year ago the primary reason for foreclosures centered on subprime mortgages. Today, the primary driver is unemployment, further widening the consumption arc of this blaze.
Individual Development Accounts: an endangered wealth-creation strategy?
The introduction of the Individual Development Account in 1996 opened the door to a new school of thought on ending the cycle of poverty.
Leadership: the unifying force behind community development
Leadership is one of the most widely covered topics of our day. This is especially true in the world of community development, where our leaders successfully pull resources and people together to help shape the future for underserved neighborhoods.
Bridging the economic divide: Cincinnati's crisis presents new opportunities
This issue of CR Forum is a special edition highlighting one Fourth District city: Cincinnati, Ohio, and the civil unrest experienced there this year.
Fourth District community affairs outlook: regional legacy paves the way for new initiatives
The Fourth District faced a number of economic challenges in 2001, including a national economic recession, a downturn in manufacturing, and the aftershocks of September 11. Today, many of our local economies are under pressure to transform their older industrial and agricultural roots with new economic engines.
Exploring Appalachia: burgeoning region uses eco-heritage tourism as a tool for economic development
Although the onset of the economic slowdown sparked a slight decline in tourism in Ohio during 1999-2000, the industry's growth potential in the state and nationwide remains substantial.
Financial education: is it making a difference?
Few would argue that the time is ripe for financial education in America as financial products and services are growing in diversity and complexity.