Search Results
COVID-19 and CRA: Fed Issues Guidance on Helping Communities Through the Crisis
To help support economic resiliency, we are providing Community Reinvestment Act (CRA) consideration for banking and lending activities in response to COVID-19.
Opportunity Zones: How Will We Know if Communities Reap the Benefits?
Much has happened since the Dallas Fed released its first article on Opportunity Zones (OZs). While we know a lot more than we did, some aspects of OZs remain unclear.
Working Paper
Effects of the Community Reinvestment Act (CRA) on Small Business Lending
This study provides new evidence on the effectiveness of the Community Reinvestment Act (CRA) on small business lending by focusing on a sample of neighborhoods with changed CRA eligibility status across the country because of an exogenous policy shock in 2013. The results of difference-in-differences analysis provide consistent evidence that the CRA promotes small business lending, especially in terms of number of loan originations, in lower-income neighborhoods. The generally positive effects of the CRA are sensitive to the types of CRA treatment. Losing CRA eligibility status has a ...
Discussion Paper
Effects of the Community Reinvestment Act (CRA) on Small Business Lending
This study provides new evidence on the effectiveness of the Community Reinvestment Act (CRA) on small business lending by focusing on a sample of neighborhoods with changed CRA eligibility status across the country because of an exogenous policy shock in 2013. The results of difference-in-differences analysis provide consistent evidence that the CRA promotes small business lending, especially in terms of number of loan originations, in lower-income neighborhoods. The generally positive effects of the CRA are sensitive to the types of CRA treatment. Losing CRA eligibility status has a ...
Who Benefited from the Paycheck Protection Program? Our Texas Analysis Offers an Early Look
Though many hail the Paycheck Protection Program as a historic lifeline for the economy, others have raised concerns that the program reinforces inequities and has led to loan approvals not in alignment with its mission.
Women Veteran Business Owners: We Want to Hear From You
Women veteran-owned small businesses are an important part of our regional economy, but little is known about their needs and challenges.
Communities Step Up to Address Economic Impact of COVID-19
At local and national levels, nonprofits, government agencies, funders and financial institutions are all working to mitigate this economic shock for households and businesses.
Federal and Local Resources Help Small Businesses Strive for New Normal
In May, we released an in-depth look at the experiences of small business owners across Texas in the first month of the crisis. In the subsequent months, there have been updates to existing resources, and more initiatives have launched to support small firms across the country and state.
Shock, Grief and Opportunity: The Emotional Roller Coaster of COVID-19 in the Small Business Community
Given that small businesses employ nearly half of all private sector workers, their struggles directly impact both the well-being of workers and the broader economy.
Dallas Faces a Gaping Digital Divide When It Comes to Economic Inclusion
In the city of Dallas, about 42 percent of households lack a fixed connection to the internet. What does this mean for our neighbors’ economic future? How can we close the digital divide?