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Bank:Federal Reserve Bank of Atlanta  Series:FRB Atlanta Community and Economic Development Discussion Paper 

Discussion Paper
Fragmentation in workforce development and efforts to coordinate regional workforce development systems

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 2015-2

Discussion Paper
Intrametropolitan patterns of foreclosed homes: ZIP-code-level distributions of real-estate-owned (REO) properties during the U.S. mortgage crisis

During the mortgage crisis, community developers, policymakers, and others have become increasingly concerned about the extent to which lender-owned homes, often called real-estate-owned or ?REO? properties, have accumulated in their neighborhoods and communities. REO properties are usually vacant and, especially when geographically concentrated, can have destabilizing impacts on neighborhoods and communities. However, due to data challenges, little systematic research has been done on the intrametropolitan distributions of such properties, especially across different metropolitan regions. ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2009-01

Discussion Paper
Leading, lagging, and left behind: identifying metropolitan leaders and labor market outcomes

From 1990 to 2010, the United States underwent significant changes in the makeup of the population and its educational attainment. During the period, bachelor's degree or higher attainment proportions rose significantly?7.9 percentage points?from 20.3 percent in 1990 to 28.2 percent in 2010. This growth happened unevenly, though. Of 283 metropolitan areas, only 78 were above the 7.9 percentage point increase, suggesting much more concentrated growth than would be expected if growth were experienced evenly. This paper documents the concentration of growth and examines four labor market ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2015-4

Discussion Paper
Can Community Development Improve Health? Emerging Opportunities for Collaboration between the Health and Community Development Sectors

The two sectors of community development and health have long worked in the same neighborhoods, but they have not always worked together. This is starting to change, due in part to a growing recognition among health experts of the social, economic, and environmental factors that drive health outcomes. These social determinants of health have become the basis for new collaborations between community development and health professionals. This paper introduces professionals in both sectors to this emerging area of practice through a series of case studies of innovators in the southeastern United ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2017-3

Discussion Paper
Locally owned: Do local business ownership and size matter for local economic well-being?

The concept of ?economic gardening??supporting locally owned businesses over nonlocally owned businesses and small businesses over large ones?has gained traction as a means of economic development since the 1980s. However, there is no definitive evidence for or against this pro-local business view. Therefore, I am using a rich U.S. county-level data set to obtain a statistical characterization of the relationship between local-based entrepreneurship and county economic performance for the period 2000?2009. I investigate the importance of the size of locally based businesses relative to all ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2013-01

Discussion Paper
Developing Inclusive Communities: Challenges and Opportunities for Mixed-Income Housing

Over the past decade, housing costs have risen faster than incomes. The need for affordable rental housing has well outpaced the number of available units as well as funding allocations at the federal level. Local regulation and land use policies that increase the cost of subsidized, mixed-income housing construction and preservation have contributed to the affordability problem. {{p}} To meet the affordable housing needs in U.S. communities, innovation, creativity, and "out of the box" thinking may be required, particularly as it relates to reducing the rapidly increasing costs of ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2017-1

Discussion Paper
Blight remediation in the Southeast: local approaches to design and implementation

Blight?or the proliferation of vacant, abandoned, or poorly maintained properties?is a critical community issue in many cities in the Southeast as in other regions of the United States, as economic shifts experienced in the past few decades have changed neighborhoods significantly. Municipalities dealing with this issue recognize what is well documented in the literature?that blight is associated with social, economic, environmental, and public health effects on neighborhoods. The recent recession has led to a surge of abandoned and bank-owned properties, disproportionately located in poor ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2015-5

Discussion Paper
The accumulation of foreclosed properties: trajectories of metropolitan REO inventories during the 2007–2008 mortgage crisis

A key concern among policymakers and community developers during the ongoing mortgage crisis has been the extent to which lender-owned homes, often called real-estate-owned or ?REO? properties, have been accumulating in different local housing markets. This paper describes the accumulation of REO properties in metropolitan areas across the United States from August 2006 to August 2008. I examine the differences in both changes and static levels of REO activity across metro areas and compare changes in REO levels to changes in home values over the same period. Special attention is paid to a ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2008-02

Discussion Paper
Negative equity in the Sixth Federal Reserve District

Using Zillow's zip code level Negative Equity Report for the second quarter of 2014 and 2015, I map, describe, and analyze the characteristics of neighborhoods that have persistent negative equity in the Sixth Federal Reserve District, comprised of Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. Persistent negative equity, when a house is worth less than outstanding mortgage debt, is high in the Sixth District and concentrated in urban areas. In a series of regressions, I evaluate the correlation of income, commute times, unemployment, housing stock quality, ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2016-1

Discussion Paper
Benefits Cliffs and the Financial Incentives for Career Advancement: A Case Study of the Health Care Services Career Pathway

Benefits cliffs, which occur when earnings gains are offset by the loss of public benefits, have long been recognized to create financial disincentives for low-income individuals to earn more income. In this paper, the authors develop a new methodology to study benefits cliffs in the context of career advancement. The authors illustrate the change in net financial resources for an individual pursuing the health care services career pathway from certified nursing assistant (CNA) to licensed practical nurse (LPN) to registered nurse (RN). Accounting for increases in taxes and the loss of public ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2020-1

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