Economic Research
Economic ResearchTopic - Community Development
Ninth District Insight Report - Quarter 4, 2012
April 2013 - Ninth District Insight
Childhood poverty rate climbs past 20 percent in the U.S.
January 2013 - Community Dividend
Fiddler appointed to Community Development Advisory Board
January 2013 - Community Dividend
Human service organizations "tread water" in face of funding uncertainty
Unpredictability over public funding levels is hampering many nonprofit organizations' efforts to improve or expand services.
Jacob Wascalus
January 2013 - Community Dividend
New credit union promotes financial access on Pine Ridge reservation
The first-ever federally insured financial institution on the Pine Ridge Indian Reservation in South Dakota is open for business.
Paula Woessner
January 2013 - Community Dividend
Rural CDFIs: Creating connections to marketplaces: A conversation with Mary Mathews of the Entrepreneur Fund
Community Dividend speaks with Mary Mathews, founding president and CEO of the Entrepreneur Fund, to learn about the circumstances and challenges rural community development financial institutions (CD
Michou Kokodoko
January 2013 - Community Dividend
Service providers retool and collaborate to address increase in suburban poverty
Suburban communities in the Minneapolis-St. Paul region now have nearly as many impoverished residents as the central cities, and local assistance organizations are modifying their approaches in respo
Jacob Wascalus
January 2013 - Community Dividend
Three Affiliated Tribes to build oil refinery
January 2013 - Community Dividend
Treasury's CDFI Fund announces nearly $18 million in Bank Enterprise Awards
January 2013 - Community Dividend
Ninth District Insight Report - Quarter 2, 2012
Published by the Community Development Department of the Federal Reserve Bank of Minneapolis
December 2012 - Ninth District Insight
"Agripreneur" program helps rural Latinos become small-scale farmers
An initiative of Minneapolis-based Main Street Project teaches budding farmers, or "agripreneurs," to raise and sell poultry and other agricultural products as part of an emerging local food network.
Jacob Wascalus
October 2012 - Community Dividend
Business Correspondent model boosts financial inclusion in India
An innovative, technology-based banking model is giving people in remote areas of India access to formal financial institutions.
Anupam Kishore
October 2012 - Community Dividend
CDFI News
October 2012 - Community Dividend
Data analysis shows extent of underwater mortgage problem in the Twin Cities
A new indicator-based analysis reveals that the greater Minneapolis-St. Paul area has the highest rates of negative equity in the Ninth Federal Reserve District.
Michael Williams
October 2012 - Community Dividend
Free tax preparers reach out to EITC claimants
Organizations that provide free tax preparation assistance to low-income people are working to attract more eligible filers to their offices.
Jacob Wascalus
October 2012 - Community Dividend
Goldman Sachs awards $4.4 million to Montana CDC
October 2012 - Community Dividend
North Dakota oil boom squeezes seniors who rent
The surging energy industry in the Bakken oil patch may be making life harder for some area residents, particularly the elderly.
Jacob Wascalus
October 2012 - Community Dividend
Regulators extend independent foreclosure review deadline to December 31, 2012
October 2012 - Community Dividend
Report examines realities of payday loans
October 2012 - Community Dividend
Call for papers: The eighth biennial Federal Reserve community development research conference
July 2012 - Community Dividend
Citi Foundation awards entrepreneurship grant to SDIBA
July 2012 - Community Dividend
Fed releases report on economic development in Indian Country
July 2012 - Community Dividend
Less affluent students face mounting college debt challenges
Recent reports confirm that students from low- to moderate-income families graduate with greater student debt burdens than their more affluent peers.
Michael Grover
July 2012 - Community Dividend
Ninth District community conditions are mixed, Minneapolis Fed report finds
July 2012 - Community Dividend
Spanning the spectrum of Native workforce development
Initiatives under way in the Ninth District demonstrate that Native-focused organizations are working to increase work preparedness, education levels, and employment rates in the communities they serv
Jacob Wascalus
July 2012 - Community Dividend
United Way's ROI project measures job training outcomes
A Return on Investment evaluation initiative is yielding impressive and meaningful results.
Sarah Radosevich
July 2012 - Community Dividend
What ails the housing market? Part 1: A brief exploration of key factors inhibiting home buying
Despite low prices and interest rates, the housing market remains sluggish. Why?
Jacob Wascalus
July 2012 - Community Dividend
What ails the housing market? Part 2: Perspectives from industry professionals
Individuals from the real estate, community development, banking, and government sectors share their views.
Jacob Wascalus
July 2012 - Community Dividend
Ninth District Insight Report - Quarter 4, 2011
Published by the Community Development Department of the Federal Reserve Bank of Minneapolis
June 2012 - Ninth District Insight
Exploring Innovations essay contest winner: Restructuring the New Markets Tax Credit Program: Three proposed changes for increasing efficiency
A Ninth District student's winning entry in the 2011 Exploring Innovations conference essay contest, which asked, "Is the New Markets Tax Credit Program the most effective way to subsidize the creatio
Guncha Jumakuliyeva
April 2012 - Community Dividend
Create Jobs for USA Fund awards grant to Montana CDC
April 2012 - Community Dividend
Mini-banks provide hands-on education in personal finance
School-based, student-oriented banking operations teach kids the fundamentals of saving.
Jacob Wascalus
April 2012 - Community Dividend
More U.S. households face severe housing cost burdens, study finds
April 2012 - Community Dividend
Protecting Tenants at Foreclosure Act guarantees renters a baseline of legal rights
A recently enacted federal law sets a minimum amount of time for renters to continue residing in foreclosed homes.
Jacob Wascalus
April 2012 - Community Dividend
Tribal college receives $18.9 million for career training initiative
April 2012 - Community Dividend
Twin Cities organization expands role of land banks
Through its acquisition, community lending, and land-banking programs, Twin Cities Community Land Bank is contributing to the Minneapolis-St. Paul area's foreclosure recovery efforts.
Jacob Wascalus
April 2012 - Community Dividend
U.S. Treasury awards $185 million in New Markets Tax Credits to four Ninth District organizations
April 2012 - Community Dividend
Creating better choices for the underbanked: A conversation with Jennifer Tescher of the Center for Financial Services Innovation
Community Dividend speaks with Jennifer Tescher, a nationally known expert on financial access and asset building, to learn about strategies and products for helping underbanked consumers prosper.
Michael Grover
January 2012 - Community Dividend
Energizing Native economies: Tribes build corporate governance to spur investment and development
Some American Indian tribes are overhauling their corporate governance structures in order to facilitate energy projects and other economic development on tribal lands.
Paula Woessner
January 2012 - Community Dividend
Fed Community Development offices launch community survey initiatives
A new Reserve Bank-led initiative is designed to gather front-line information on economic conditions in low- to moderate-income communities.
Ela Rausch
January 2012 - Community Dividend
Leech Lake Band and State of Minnesota sign lien-filing agreement
January 2012 - Community Dividend
Minneapolis Fed launches Ninth District Community Insight report series
January 2012 - Community Dividend
Montana CDC project receives top honor
January 2012 - Community Dividend
MyMoneyCheckUp offers free, personalized assessments of consumers' finances
January 2012 - Community Dividend
Native CDFI News
January 2012 - Community Dividend
Research review: Child development findings support and inform personal financial education from an early age
A recently released literature review suggests personal financial education belongs in elementary and middle schools, not just high schools.
Richard M. Todd
January 2012 - Community Dividend
Bank On gets its game on
Bank On, a customizable program for helping unbanked individuals join the financial mainstream, is catching on in communities across the country.
May Xiong
October 2011 - Community Dividend
Bridges joins the Minneapolis Fed
October 2011 - Community Dividend
Harvest Initiative and Hunkpati Investments: Stirring up economic development on the Crow Creek reservation
The story of how residents of the Crow Creek Indian reservation, a prominent businessman, a church congregation, and two young attorneys came to be deeply involved in improving the reservation's econo
Sandy Gerber
October 2011 - Community Dividend
Little Mogadishu in the All-America City? Somali entrepreneurship in Willmar, Minnesota
Somali immigrants encounter acceptance and some challenges as they establish businesses in a small city in central Minnesota.
Nima Hassan
October 2011 - Community Dividend
Making the New Markets Tax Credit work in Native communities
Some Native communities have had success in attracting New Markets Tax Credit investments, despite unique challenges involved in implementing the program in Indian Country.
Michou Kokodoko
October 2011 - Community Dividend
Native American Credit Counseling initiative aims to bridge the credit gap in Indian Country
A certification program created by Rural Dynamics/Consumer Credit Counseling Service of Montana is designed to build credit counseling education and services in Native communities.
Sue Woodrow, Jolene Bach
October 2011 - Community Dividend
U.S. Treasury announces 2011 CDFI awards
October 2011 - Community Dividend
Workforce 2020: Uniting business and education in Rochester, Minnesota
A unique initiative led by a broad-based group of community leaders is working to address workforce development issues in Rochester, Minn.
Wudase Tefera
October 2011 - Community Dividend
Early, Broadly, and Through Young Adulthood: A Child Development Perspective on Youth Personal Financial Education
Research suggests that educators should use findings in psychology and behavioral economics to enhance youth personal financial instruction.
Richard M. Todd
September 2011 - Community Development Papers
Commerce, USDA release online mapping tools
July 2011 - Community Dividend
Delinquencies and foreclosures in rural areas: A snapshot of the recent performance of mortgages in Michigan's Upper Peninsula
An analysis of newly acquired mortgage data reveals that the Upper Peninsula fared better than other parts of Michigan during the recent foreclosure crisis.
Michael Grover
July 2011 - Community Dividend
Measuring the impact of community development: A conversation with Paul Mattessich of Wilder Research
Community Dividend speaks with Paul Mattessich, executive director of Wilder Research, about how to effectively and affordably measure the impact of community development work.
Ela Rausch
July 2011 - Community Dividend
Minneapolis Fed launches Indian Country Currents site
July 2011 - Community Dividend
Recent demographic data reveal effects of economic slowdown in Indian Country
New data from the U.S. Census Bureau confirm that economic trends on American Indian reservations in the Ninth District worsened or stagnated during the recent recession.
Michael Grover
July 2011 - Community Dividend
Recent rule changes expand definition of community development under the CRA
New modifications to the CRA rules are designed to encourage financial institutions to help stabilize foreclosure-ravaged communities.
Paula Woessner
July 2011 - Community Dividend
Standing receives Minority Small Business Champion Award
July 2011 - Community Dividend
homeWORD receives 2011 Innovation Award
July 2011 - Community Dividend
Census Bureau revamps American FactFinder
April 2011 - Community Dividend
FLEC releases national financial literacy strategy
April 2011 - Community Dividend
Fed releases two new consumer credit guides
April 2011 - Community Dividend
Fuhrman joins Consumer Advisory Council
April 2011 - Community Dividend
HUD awards $73 million to housing counseling organizations
April 2011 - Community Dividend
Hispanic entrepreneurship grows, but barriers persist
Despite recent progress, Hispanic-owned firms lag behind in some respects. Fortunately, federal and nonprofit agencies offer programs designed to help close the gap.
Michou Kokodoko
April 2011 - Community Dividend
Making financial education work in the workplace: The Citigroup experience
When financial services giant Citigroup implemented workplace-based financial education workshops, it learned lessons that may help other employers deliver effective financial education programs of th
Dara Duguay, William J. Arnone
April 2011 - Community Dividend
On the front lines of the housing crisis: A conversation with Julie Gugin of the Minnesota Home Ownership Center
Community Dividend speaks with Julie Gugin, executive director of the Minnesota Home Ownership Center, to learn how foreclosure counselors are responding to unprecedented challenges in the housing mar
Michael Grover
April 2011 - Community Dividend
Site provides state-by-state assessments of financial capability
April 2011 - Community Dividend
CDFI News
January 2011 - Community Dividend
CFSI releases guide to prepaid cards
January 2011 - Community Dividend
Envisioning a different type of suburb
An interview with University of Minnesota geographer Brenda Kayzar
Phil Davies
January 2011 - fedgazette
Fannie Mae launches site for struggling homeowners
January 2011 - Community Dividend
How good is the Good Faith Estimate?
An analysis of new research suggests that, contrary to the views of some observers, the Good Faith Estimate disclosure has been an accurate predictor of actual mortgage closing costs.
J. Michael Collins
January 2011 - Community Dividend
New publication describes Fed foreclosure initiatives
January 2011 - Community Dividend
Nonprofit credit counselors provide one-on-one help for consumers in crisis
In the aftermath of the recent economic meltdown, nonprofit consumer credit counseling agencies have seen unprecedented demand for their services.
Paula Woessner
January 2011 - Community Dividend
Transportation partnership offers economic hope in north central Montana
For many residents of Montana's Hi-Line region, an innovative transit partnership provides the means to pursue an education, commute to work, or access important services.
Sue Woodrow, Day Soriano
January 2011 - Community Dividend
Wandering in the desert
New research maps “food deserts” in the district, but it’s unclear what they measure, and how they address obesity
Joe Mahon
November 2010 - fedgazette
Adopting a place-conscious approach to community development: A conversation with Margery Austin Turner of the Urban Institute
Community Dividend speaks with Margery Austin Turner, Vice President for Research at the Urban Institute's Metropolitan Housing and Communities Policy Center, to learn about her comprehensive, thought
Sandy Gerber
October 2010 - Community Dividend
Beware of some payday loan alternatives, report says
October 2010 - Community Dividend
Brookings launches two interactive data tools
October 2010 - Community Dividend
Fed creates online database of credit card agreements
October 2010 - Community Dividend
Federal government releases plan to end homelessness
October 2010 - Community Dividend
NeighborWorks Montana receives Top Producer award
October 2010 - Community Dividend
Ninth District community developers use green innovations to help make housing affordable
For affordable housing developers, the goal of "going green" is not only to provide permanent shelter and community stabilization at a lower cost, but to provide low-income families with long-term red
Deborah Booth Summers
October 2010 - Community Dividend
Small talk: An interview with three small-town advocates
Challenges and opportunities abound in rural communities
Ronald A. Wirtz
October 2010 - fedgazette
Survey takes stock of state financial education requirements
A recent National Council on Economic Education survey reveals that more states are adding personal finance and economics to their required K-12 curricula.
Michael Grover
October 2010 - Community Dividend
Board releases two new consumer education resources
July 2010 - Community Dividend
Community Affairs publications update
July 2010 - Community Dividend
Ethics as a building block of economic growth: Global insights and Indian Country models
An effective institutional framework to encourage and manage ethical behavior is a crucial aspect of good governance.
Sue Woodrow
July 2010 - Community Dividend
Fed Governor Duke tours Minneapolis marketplaces
On a recent visit, Federal Reserve Governor Elizabeth Duke toured two culturally diverse marketplaces that have helped revitalize their surrounding neighborhoods.
July 2010 - Community Dividend
Research examines the receipt of earned income tax credits among welfare recipients
According to the research on earned income tax credits, welfare recipients who work are less likely to receive the credits than eligible individuals who are not on welfare.
Donald P. Hirasuna
July 2010 - Community Dividend
Starting up when the economy's down: A snapshot of Minnesota's new entrepreneurs
During the recent recession, when most people tightened their belts and took fewer financial risks, thousands of entrepreneurs mustered their courage and decided to try business ownership.
Michou Kokodoko
July 2010 - Community Dividend
Union Atlantic
Book review
Ryan Williams
June 2010 - The Region
Institutions or Individuals?
Different views on financial collapse
June 2010 - The Region
Family Housing Fund launches Twin Cities Community Land Bank
April 2010 - Community Dividend
Horizons program mobilizes communities to address rural poverty
A leadership-development program designed for small, rural towns demonstrates how communities that become aware, engaged, and energized about poverty issues can make change happen.
Joyce Hoelting
April 2010 - Community Dividend
Minneapolis Fed releases two new Community Affairs reports
April 2010 - Community Dividend
Minnesota Home Ownership Center case study illuminates costs of foreclosure counseling
Using a cost analysis, the authors identify how one Minnesota nonprofit can achieve further efficiencies in the design and delivery of its homeownership services.
Richard M. Todd, Leo T. Gabriel
April 2010 - Community Dividend
No shortage of credit here
Municipal bond market active, with help from Uncle Sam
Ronald A. Wirtz
April 2010 - fedgazette
Gaining a Better Understanding of the Costs of Homeownership Programs: A Case Study and Recommendations for Minnesota's Home Ownership Center
An analysis of program costs for the Minnesota Home Ownership Center's three primary services: homeownership classes, pre-purchase home buyer counseling, and foreclosure counseling.
Richard M. Todd, Leo T. Gabriel
March 2010 - Community Development Papers
CRE: The cracked glass slipper?
CRE exposure and delinquencies are on the rise for Ninth District banks, but the full fallout is difficult to gauge
Ronald A. Wirtz
January 2010 - fedgazette
Collateral damage
While real estate still struggles through the housing collapse, commercial mortgages are piling on more pain
Ronald A. Wirtz
January 2010 - fedgazette
Minnesota's Earned Income Credit Program: Utilization by Current and Former Welfare Households and the Impact of Policy Parameters
An analysis of utilization of the State of Minnesota's earned income credit (the Working Family Credit) among current and former welfare recipients.
Donald P. Hirasuna, Thomas F. Stinson
December 2009 - Community Development Papers
2008 was a mixed year for CDCUs, report says
November 2009 - Community Dividend
CRF to launch green loan program for small businesses
November 2009 - Community Dividend
Fed offers tips for HELOC lenders and borrowers
November 2009 - Community Dividend
Gender and financial literacy: A conversation with Annamaria Lusardi of Dartmouth College
Community Dividend speaks with Dr. Annamaria Lusardi of Dartmouth College to learn about the gender gap in financial literacy and discuss how financial educators can reach women more effectiv
Ericca Maas
November 2009 - Community Dividend
New federal law protects tenants of foreclosed properties
November 2009 - Community Dividend
Overcoming start-up barriers: Native-owned food business serves up lessons learned
The founders of Native American Natural Foods demonstrate that the goal of starting up a well-positioned business on an Indian reservation is attainable, provided certain elements are in place.
Sandy Gerber
November 2009 - Community Dividend
Report sums up research on social effects of foreclosures
November 2009 - Community Dividend
The L3C: A new business model for socially responsible investing
The low-profit limited liability company, or L3C, is a newly developed form of business that blends attributes of nonprofit and for-profit organizations in order to promote investment in so
Sue Woodrow, Steve Davis
November 2009 - Community Dividend
OMG! Like, where are all the teen workers?
Teens have been quietly, and increasingly, leaving the labor force
Ronald A. Wirtz
September 2009 - fedgazette
What grows in the Ninth, stays in the Ninth
Community supported agriculture flourishes in the district
Joe Mahon, Kathy Cobb
September 2009 - fedgazette
Census data show homeownership rate has fallen to 2000 levels
July 2009 - Community Dividend
Fed offers credit card payment calculator
July 2009 - Community Dividend
Fed survey shows widespread increases in net worth preceded the current financial crisis
The latest release of the Fed's triennial Survey of Consumer Finances shows significant gains in Americans' net worth before the financial crisis erupted in late 2007.
Richard M. Todd
July 2009 - Community Dividend
Minnesota Home Ownership Center assumes responsibility for EMHI
July 2009 - Community Dividend
New Markets Mortgage program broadens homeownership opportunities in Minnesota
A new profit-based mortgage product offered by the African Development Center in Minneapolis could help make homeownership possible for Muslims and other interest-averse communities.
Paula Woessner
July 2009 - Community Dividend
Revisiting the place-based CDC model: A conversation with Brian Miller of Seward Redesign
Community Dividend speaks with Brian Miller, executive director of Seward Redesign in Minneapolis, to learn how neighborhood-based community development corporations are coping in these uncer
Michou Kokodoko
July 2009 - Community Dividend
Financial literacy especially low among Native youth, survey finds
May 2009 - Community Dividend
Homeownership gaps among Indian reservations prove puzzling
An analysis of some persistent gaps in homeownership rates among American Indian reservations in the Ninth Federal Reserve District.
Richard M. Todd, Federico Burlon
May 2009 - Community Dividend
Land banks as a neighborhood recovery strategy: A conversation with Dan Kildee of Michigan's Genesee County Land Bank
Community Dividend speaks with Dan Kildee, Genesee County treasurer and board chair of the Genesee County Land Bank, to learn more about how land banking is contributing to redevelopment in F
Michael Grover
May 2009 - Community Dividend
Lessons learned from 22 years of debt mediation
The 22-year history of the Minnesota Farmer-Lender Mediation Program offers useful lessons about debt mediation that can be applied to our current foreclosure crisis.
Joyce Hoelting
May 2009 - Community Dividend
Minneapolis Fed offers class supplements for economics educators
May 2009 - Community Dividend
Newly released guides explain the financial crisis
May 2009 - Community Dividend
Partners unveil foreclosure resource site
May 2009 - Community Dividend
Tingerthal joins Consumer Advisory Council
May 2009 - Community Dividend
Did the CRA cause the mortgage market meltdown?
Two Federal Reserve economists examine whether available data support critics' claims that the Community Reinvestment Act spawned the subprime mortgage crisis.
Neil Bhutta, Glenn B. Canner
March 2009 - Community Dividend
Strengthening the Earned Income Tax Credit: Alternatives to refund anticipation loans
A collaborative effort in the Ninth Federal Reserve District has created an alternative to traditional refund anticipation loans that gives workers fast access to tax refunds at little cost.
Sandy Gerber
March 2009 - Community Dividend
Earning income, serving the community: Guidance for building a social enterprise
A description of the important steps nonprofit organizations should follow when creating enterprises to boost their earned income.
Kate Barr
January 2009 - Community Dividend
Fed releases report on concentrated poverty
January 2009 - Community Dividend
NeighborWorks America releases report on foreclosure counseling
January 2009 - Community Dividend
Risks and realities of the contract for deed
While contracts for deed offer some advantages over a traditional mortgage, such as speed and simplicity, they can entail distinct risks for buyers and sellers. This article presents basic facts and
Crystal Myslajek
January 2009 - Community Dividend
Weathering the storm: Community developers in Minnesota face the foreclosure crisis
A close look at foreclosures in Minnesota and the ways communities are addressing the problem, individually and collectively.
Andriana Abariotes, Rose Carr
January 2009 - Community Dividend
Community Affairs releases report on Hmong homeownership rates
November 2008 - Community Dividend
Directo a Mexico helps customers join the financial system
The Directo a Mexico remittance service could have two major benefits: helping financial institutions in the U.S. compete more effectively in the money-transfer market, and increasing the number of Me
Michael Grover, Jimmy Nguyen
November 2008 - Community Dividend
Fed launches online guide to mortgage refinancing
November 2008 - Community Dividend
Fed, NeighborWorks America partner to address foreclosures
November 2008 - Community Dividend
First Homes broadens homeownership opportunities in Rochester
Through its community land trust program and comprehensive plan for downtown revitalization, a local nonprofit organization works to provide affordable homes for low- and moderate-income families in t
Deborah Booth Summers
November 2008 - Community Dividend
Oglala Sioux and State of South Dakota sign historic lien-filing agreement
A newly signed UCC lien-filing agreement between the Oglala Sioux Tribe and the State of South Dakota is designed to facilitate business and consumer lending on the Pine Ridge Indian Reservation.
Sue Woodrow, Dani Daugherty
November 2008 - Community Dividend
U.S. Treasury announces 2008 CDFI awards
November 2008 - Community Dividend
Accounting for Regional Migration Patterns and Homeownership Disparities in the Hmong-American Refugee Community, 1980-2000
An analysis of Hmong homeownership rates in the U.S. over the previous two decades, with a focus on examining gaps in rates among the geographic areas where Hmong refugees are concentrated.
Richard M. Todd, Michael Grover
October 2008 - Community Development Papers
A "Six Forces" view of microenterprise development
What happens when we apply a prominent, private sector, management-analysis framework to the world of microenterprise development organizations?
Michou Kokodoko
September 2008 - Community Dividend
High schoolers' financial literacy remains low, survey finds
September 2008 - Community Dividend
Native CDFIs work toward a new economic reality in South Dakota
Native community development financial institutions (CDFIs) are organizations that provide loans and financial services to underserved Native American communities. The Ninth Federal Reserve District
Sandy Gerber
September 2008 - Community Dividend
OCC releases mortgage metrics report
September 2008 - Community Dividend
Turning equity into opportunity: Montana fund helps Native entrepreneurs enter the financial mainstream
A new small business funding program from the State of Montana is designed to address the severe shortage of equity among entrepreneurs in Indian Country.
Sue Woodrow, Philip Belangie
September 2008 - Community Dividend
Credit scoring and the credit-underserved population
There are new means of credit scoring in development that can help underserved consumers enter the mainstream American credit market.
Ericca Maas
May 2008 - Community Dividend
Crow Nation, State of Montana sign UCC filing compact
May 2008 - Community Dividend
Digital Inclusion Fund awards grants
May 2008 - Community Dividend
Mad About Money schools kids on personal finance
A traveling theatrical show for children makes the concepts of saving and spending educational and entertaining.
Emily Sachs
May 2008 - Community Dividend
New data analysis helps identify future foreclosure trouble spots
An analysis conducted by the Minneapolis Fed and the Federal Reserve Board reveals which areas of the Twin Cities region are at greatest risk of becoming mortgage foreclosure hotspots.
Andreas Lehnert, Michael Grover
May 2008 - Community Dividend
President Bush creates financial literacy advisory council
May 2008 - Community Dividend
Rhein joins Fed Consumer Advisory Council
May 2008 - Community Dividend
Achieving economies of scale through strategic restructuring: The case of Sparc
How two well-established CDCs in St. Paul, Minn., responded to funding pressures by merging to form a new entity called Sparc.
Michou Kokodoko
January 2008 - Community Dividend
Community Affairs releases mortgage broker regulation report
January 2008 - Community Dividend
Creating a win-win way to provide free tax help: Bethel University and AccountAbility Minnesota share lessons learned
In a mutually beneficial partnership between Bethel University and AccountAbility Minnesota, accounting students provide free tax preparation assistance to low- and moderate-income workers.
Leo T. Gabriel
January 2008 - Community Dividend
Expanding the success of the Earned Income Tax Credit
A patchwork of initiatives is raising awareness of the Earned Income Tax Credit, which is the leading federal program for boosting the incomes of the working poor.
Emily Sachs
January 2008 - Community Dividend
Menominee poster contest promotes free tax prep
Since 2005, Menominee Indian High School has sponsored a poster contest to promote the use of Volunteer Income Tax Assistance sites.
Emily Sachs
January 2008 - Community Dividend
Treasury announces New Markets Tax Credit allocations
January 2008 - Community Dividend
Bitterroot Valley loan program turns teachers into homeowners
An innovative lending program helps make homeownership a reality for schoolteachers in Montana's Bitterroot Valley.
Sue Woodrow
November 2007 - Community Dividend
Community benefits agreements: A tool for more equitable development?
A type of contract known as a community benefits agreement (CBA) has emerged in the past decade to help participants achieve advance agreement on how some of the benefits of economic development proje
Sandy Gerber
November 2007 - Community Dividend
FFIEC releases 2006 HMDA data
November 2007 - Community Dividend
Fed brochure offers credit-boosting tips
November 2007 - Community Dividend
Getting kids kindergarten-ready: A profile of the Minnesota Early Learning Foundation
The Minnesota Early Learning Foundation is supporting and evaluating a series of initiatives to uncover the most well-integrated, cost-effective system for preparing Minnesota's at-risk children for k
Ericca Maas
November 2007 - Community Dividend
HP announces microenterprise development grants
November 2007 - Community Dividend
Native CDFI awards announced
November 2007 - Community Dividend
North Dakota increases home repair grants
November 2007 - Community Dividend
U.S. Census bureau releases Native population figures
November 2007 - Community Dividend
A conversation with Jeff Washburne -- Director, City of Lakes Community Land Trust
Community Dividend speaks with Jeff Washburne, director of the City of Lakes Community Land Trust, to learn more about the organization's work and the challenges community land trusts face.
July 2007 - Community Dividend
A new economic era for Native communities
In remarks delivered at the 2007 South Dakota Indian Business Conference, Elsie Meeks encourages American Indians to look to the future and recognize that they cannot build sovereign, independent nati
Elsie Meeks
July 2007 - Community Dividend
Community land trusts strive for permanent housing affordability
Community Land Trusts (CLTs) appear to have the potential to make homes permanently affordable. Here, we explore the workings of CLTs and examine some of the challenges to this innovative form of hom
Michael Grover
July 2007 - Community Dividend
Financing Community Development: Learning from the Past, Looking to the Future -- Conference papers now available
July 2007 - Community Dividend
If most Americans already save enough, what should financial educators teach?
The findings of two recent studies underscore the need not only for new forms of retireee-oriented financial education, but also for sound financial education at all ages.
Richard M. Todd
July 2007 - Community Dividend
Report examines credit use in low-income markets
July 2007 - Community Dividend
Aim of Pension Protection Act is to increase personal retirement savings
A discussion of personal retirement savings in the U.S. and some key provisions of the Pension Protection Act, which became law in August 2006.
Ericca Maas
May 2007 - Community Dividend
CFED issues IDA survey results
May 2007 - Community Dividend
HUD releases national report on homelessness
May 2007 - Community Dividend
Microenterprise development in the U.S.: Past, present and future
To learn more about the history of microenterprise development organizations in the U.S. and the challenges these organizations face, Community Dividend spoke with Elaine Edgcomb, director of the Aspe
Michou Kokodoko
May 2007 - Community Dividend
Minneapolis launches Alternative Financing Program
May 2007 - Community Dividend
Tribal update: Nation building in the Ninth District
More and more tribes in the Ninth Federal Reserve District are recognizing that by establishing governance structures and institutions, they can support the growth of their economies.
Sue Woodrow
May 2007 - Community Dividend
2005 revisions define new CRA-eligible geographic areas
An analysis of recent changes to the Community Reinvestment Act (CRA) reveals that the CRA landscape in the Ninth Federal Reserve District has changed greatly, and investments routinely made in large
Michael Grover
March 2007 - Community Dividend
CRA exam basics and Ninth District breakdown
A description of the Community Reinvestment Act (CRA) examination process and assessment of how the Minneapolis Fed's member banks fare in terms of their CRA compliance.
Paula Woessner
March 2007 - Community Dividend
Fed unveils Web site for bank directors
March 2007 - Community Dividend
Montana foreclosure prevention campaign wins double honors
March 2007 - Community Dividend
Nontraditional data could help many get mainstream loans, study finds
March 2007 - Community Dividend
Regulators revise adjustable-rate mortgage handbook
March 2007 - Community Dividend
University launches new Twin Cities mapping tool
March 2007 - Community Dividend
Workshop promotes Native youth financial education
The presentations from a Fed-sponsored workshop illustrate a variety of promising approaches to Native financial education.
Richard M. Todd
March 2007 - Community Dividend
African American enterprises on the rise in Minnesota
Minnesota's African American entrepreneurs are likely to face a host of challenges that threaten to block their path to success. Fortunately, a network of organizations is ready to support African Am
Michou Kokodoko
November 2006 - Community Dividend
First Nations releases investment curriculum
November 2006 - Community Dividend
Mexico honors CLUES leader
November 2006 - Community Dividend
Newly formed business alliance promotes Montana's "Indianpreneurs"
The newly formed Montana Indian Business Alliance focuses on strengthening tribal sovereignty and economies by drawing attention to the important role the private sector can play in Indian Country.
Sue Woodrow
November 2006 - Community Dividend
Report reveals refugee resettlement trends
November 2006 - Community Dividend
Rural Minnesota county invests early to help kids succeed
An initiative called Invest Early aims to provide comprehensive early childhood education for underserved kids in Itasca County, Minn.
Ericca Maas
November 2006 - Community Dividend
2006 Bank Enterprise Awards announced
September 2006 - Community Dividend
Borrowers of color receive pricier mortgages, study finds
September 2006 - Community Dividend
Disaster recovery for low-income people: Lessons from the Grand Forks flood
In examining actions taken and outcomes realized, the tale of the Grand Forks flood provides lessons about ensuring the long-term well-being of low-income people in the event of a disaster.
Sandy Gerber
September 2006 - Community Dividend
Fed-led research reveals need for better Twin Cities foreclosure data
An analysis led by researchers at the Federal Reserve Bank of Minneapolis reveals that the availability and usefulness of foreclosure data are often inadequate, at least in the Twin Cities region.
Michael Grover
September 2006 - Community Dividend
Perspectives on Current Banking Issues
Top of the Ninth
Gary H. Stern
September 2006 - The Region
Update on Minnesota minority homeownership initiative
A summary of progress made by the State of Minnesota Emerging Markets Homeownership Initiative.
September 2006 - Community Dividend
Crow Nation is first to adopt model secured transactions code
July 2006 - Community Dividend
License to deal: Regulation in the mortgage broker industry
Mortgage brokers have emerged as the principal points of contact between consumers and the mortgage industry. This article examines the pros and cons of licensing mortgage brokers, describes alternat
Christopher W. Backley, Jeffrey M. Niblack, Cynthia J. Pahl, Terrence C. Risbey, Jeff Vockrodt
July 2006 - Community Dividend
Minnesota Hispanic chamber receives homebuyer counseling contract
July 2006 - Community Dividend
Report reveals increase in consumer financial insecurity
July 2006 - Community Dividend
Tribal-citizen entrepreneurship: What does it mean for Indian Country, and how can tribes support it?
A condensed version of a speech Professor Cornell delivered at the Montana Indian Business Conference in Great Falls, Mont., on February 2, 2006.
Stephen Cornell
July 2006 - Community Dividend
19 Ninth District counties rank among nation's poorest
May 2006 - Community Dividend
HUD report reveals worst case housing needs
May 2006 - Community Dividend
Lessons learned from a financial education pilot for Native youth
A pilot program at Oh Day Aki Charter School in Minneapolis shows that standard financial education materials can be adapted to benefit Native students in an urban setting.
Richard M. Todd
May 2006 - Community Dividend
Minnesota homeownership initiative hires its first director
May 2006 - Community Dividend
Ninth District Jump$tart update
In several states in the Ninth Federal Reserve District, affiliates of the Jump$tart Coalition for Personal Financial Literacy have achieved notable successes or are making progress toward promoting f
Richard M. Todd
May 2006 - Community Dividend
A super model: New secured transaction code offers legal uniformity, economic promise for Indian Country
A recently completed model law that covers a type of commerce called "secured transactions" could provide the legal structure and consistency American Indian tribes need to facilitate borrowing from o
Paula Woessner
March 2006 - Community Dividend
Bridges joins Swanson as Ninth District CAC member
Dorothy Bridges, president and chief executive officer of Franklin Bank in Minneapolis, recently joined Lori Swanson, solicitor general for the State of Minnesota, as a Ninth District representative t
March 2006 - Community Dividend
Can HMDA data herald neighborhood changes?
For years, researchers have used data collected under the Home Mortgage Disclosure Act (HMDA) to examine important fair lending issues. Could HMDA data also be used to collect neighborhood-level anal
Michael Grover
March 2006 - Community Dividend
Minnesota loan fund offers capital through community collaboration
Numerous small businesses and nonprofit organizations located in rural communities throughout Minnesota are benefiting from an innovative, nonprofit economic development loan fund known as the Minneso
Scott Martin
March 2006 - Community Dividend
Foreclosure prevention is Minnesota group's mission
The Minnesota Mortgage Foreclosure Prevention Association is a statewide network of individuals and member organizations that dedicate their time to a serious mission: helping people avoid home mortga
Sandy Gerber
November 2005 - Community Dividend
Four projects kick off "green" initiative in Minnesota
November 2005 - Community Dividend
Mutual rewards: Thoughts on serving as a board member for a nonprofit organization
Minneapolis Fed President Gary Stern is a past or current member of the board of numerous nonprofit organizations. Here, he shares a few thoughts on the lessons of his service.
Gary H. Stern
November 2005 - Community Dividend
New St. Paul housing program announced
November 2005 - Community Dividend
Policy summit highlight: CRA changes create new bank category
Changes to the Community Reinvestment Act were a focus of a recent policy summit sponsored by Local Initiatives Support Corporation and the Federal Reserve Bank of Minneapolis.
Theresa Bauer
November 2005 - Community Dividend
Post-purchase counseling: An EMHI strategy to close homeownership gaps
Minnesota appears to be well-positioned to pursue the goal of using post-purchase support programs to reduce the incidence of mortgage foreclosures.
Richard M. Todd, Michael Grover
November 2005 - Community Dividend
Treasury, Fed launch Go Direct campaign
November 2005 - Community Dividend
VITA initiative provides free tax preparation in North Central Montana
A coalition led by Consumer Credit Counseling Services of Montana provides free tax preparation assistance to residents of the state's North Central region.
Shannon Augare
November 2005 - Community Dividend
A Case for Post-Purchase Support Programs as Part of Minnesota's Emerging Markets Homeownership Initiative
A discussion of why Minnesota is in a good position to implement the post-purchase support provisions of the Emerging Markets Homeownership Initiative.
Richard M. Todd, Michael Grover
October 2005 - Community Development Papers
CDFIs at a crossroads: A conversation with Mark Pinsky of National Community Capital Association
Community development financial institutions, or CDFIs, are specialized entities that provide lending, investments, and other financial services in economically distressed communities. Community Divi
Michael Grover
September 2005 - Community Dividend
Fed merges financial education sites
September 2005 - Community Dividend
Foundation, tribes create charitable fund
September 2005 - Community Dividend
Hispanics vulnerable to predatory lending, NCLR says
September 2005 - Community Dividend
Model tribal commercial code completed
September 2005 - Community Dividend
Mortgage agreements expand homeownership opportunities on tribal lands
Thanks to several dedicated housing partners, American Indians on trust land are entering a new era in which they can obtain traditional mortgages to build or purchase their own homes.
Mary Lou Affleck
September 2005 - Community Dividend
NCLC warns of foreclosure "rescue" scams
September 2005 - Community Dividend
State of U.S. housing mixed, report says
September 2005 - Community Dividend
Twin Cities refugee groups tackle community development
Refugee groups in Minnesota are expanding their mutual assistance efforts to include community development activities.
Bo Thao
September 2005 - Community Dividend
WHEDA awards $822,000 in housing grants
September 2005 - Community Dividend
Consumer group surveys payday lending sites
May 2005 - Community Dividend
Fed guide explains Check 21 changes
May 2005 - Community Dividend
Financial education program effective, study says
May 2005 - Community Dividend
Free annual credit reports available
May 2005 - Community Dividend
Homeownership gap calls for broad, balanced response
In remarks delivered at the formal launch of the State of Minnesota Emerging Markets Homeownership Initiative on June 28, 2004, Richard M. Todd summarized some of the key facts about homeownership in
Richard M. Todd
May 2005 - Community Dividend
Homeownership initiative targets Minnesota's emerging markets
The State of Minnesota Emerging Markets Homeownership Initiative is charged with developing a business plan for dramatically reducing the state's homeownership gap by 2010.
Jacqueline King
May 2005 - Community Dividend
Housing data show gains, not parity, for some groups
An examination of home lending trends in Minneapolis-St. Paul during the 1997-2003 housing boom.
Michael Grover
May 2005 - Community Dividend
U.S. House creates financial literacy caucus
May 2005 - Community Dividend
Federal agencies partner to promote Native homeownership
March 2005 - Community Dividend
Loan limits for most reverse mortgages increase
March 2005 - Community Dividend
National homeownership campaign honors Montana network
March 2005 - Community Dividend
Native Financial Education Coalition works to strengthen tribal economies
By working collaboratively, Native Financial Education Coalition members seek to increase awareness about the need for financial education in Native communities.
Joanna Donohoe
March 2005 - Community Dividend
Tribal colleges can be a key to Native entrepreneurship
For many American Indian tribes, tribal colleges are becoming a vital tool for promoting Native entrepreneurship.
Brad Bly
March 2005 - Community Dividend
University Bank receives corporate citizenship award
March 2005 - Community Dividend
Census says poverty down, incomes up in North Dakota
November 2004 - Community Dividend
FedACH lowers rates, expands services in Mexico
November 2004 - Community Dividend
Federal development funding lower in rural areas, study finds
November 2004 - Community Dividend
Homeownership becoming less affordable for middle class, report says
November 2004 - Community Dividend
Housing organizations create new insurance company
November 2004 - Community Dividend
Minnesota Rural Partners president receives SBA awards
November 2004 - Community Dividend
Minnesota launches minority homeownership initiative
November 2004 - Community Dividend
Montana Financial Education Coalition gains momentum
A coalition formed by a diverse group of organizations is quickly gaining momentum in its efforts to promote financial education in Montana.
Sue Woodrow
November 2004 - Community Dividend
VITA sites provide outreach, tax help to low-income workers
Millions of Americans could receive valuable refunds during the next tax season, provided they file for a federal tax credit designed to assist low-income people. A related program providing free tax
Brad Bly
November 2004 - Community Dividend
With support, securitization could boost community development industry
For community economic development lenders, selling loans to a secondary market can be an effective recapitalization strategy.
Devon Pohlman
November 2004 - Community Dividend
Secured Transaction Codes: An Important Tool for Tribal Economic and Housing Development
A discussion of how commercial codes are important tools for enabling and supporting tribal economic and housing development by improving access to commercial and consumer credit.
Sue Woodrow
September 2004 - Community Development Papers
12th graders' financial literacy improves slightly, survey finds
August 2004 - Community Dividend
A unique partnership provides housing help in Montana
Glacier Affordable Housing Foundation is helping make homeownership a reality for creditworthy low- and moderate-income families in northwest Montana.
Sue Woodrow
August 2004 - Community Dividend
For seniors, reverse borrowing can be a financial step forward
Reverse mortgages are designed to supply an income stream while allowing seniors to stay in their homes.
Paula Woessner
August 2004 - Community Dividend
GAO releases statement on predatory lending
August 2004 - Community Dividend
HP awards grant to Neighborhood Development Center
August 2004 - Community Dividend
Plan to end long-term homelessness in Minnesota released
August 2004 - Community Dividend
SBA launches new Native development initiative
August 2004 - Community Dividend
Wind turbine to power tribal college
August 2004 - Community Dividend
Banking as destiny?
FDIC's John Anderlik looks at rural communities and their banks
David Fettig
May 2004 - fedgazette
Building Capacity for Success: The Fed's role in community economic development
Top of the Ninth
Gary H. Stern
December 2003 - The Region
A better day in the neighborhood: The rise and decline of poverty concentration in the Twin Cities, 1970-2000
After increasing for two decades, the concentration of poverty in Minneapolis-St. Paul took a dramatic, unexpected plunge in the 1990s
Richard M. Todd
November 2003 - Community Dividend
A conversation with ... Chuck Johnson of the State of Minnesota Department of Human Services
Community Dividend speaks with Chuck Johnson of the State of Minnesota Department of Human Services about issues affecting low-income people.
November 2003 - Community Dividend
Demographic trends reveal mixed portrait of Ninth District reservations
According to census data, Native American reservations did not benefit equally from the economic boom of the 1990s.
Michael Grover
November 2003 - Community Dividend
FACT Act creates financial literacy commission
November 2003 - Community Dividend
HUD program is a key to Native American homeownership in District
A profile of the U.S. Department of Housing and Urban Development's Section 184 mortgage program for Native American communities.
Paul S. Jurkowski
November 2003 - Community Dividend
Recent ECOA amendments allow lenders an exception for self-testing
A summary of recent changes to Regulation B-the Equal Credit Opportunity Act.
Lynn Severson-Meyer
November 2003 - Community Dividend
Volvo recognizes hometown hero
November 2003 - Community Dividend
A conversation with ... Kou Vang of JB Realty
Community Dividend speaks with Kou Vang, a Hmong business leader, about credit availability and the economic evolution of the Twin Cities Hmong community.
August 2003 - Community Dividend
Credit availability: A snapshot of the Hmong business community in Minneapolis and St. Paul
A Federal Reserve study examines credit markets from the borrowers' perspective
Arthur J. Rolnick, David Fettig
August 2003 - Community Dividend
Fed launches national initiative to promote financial education
The Federal Reserve System has launched an initiative to promote financial education.
Paula Woessner
August 2003 - Community Dividend
Fed luncheon focuses on credit access in the Twin Cities Hmong community
Lenders, community development professionals and small business owners gathered in St. Paul to discuss lessons learned from the Federal Reserve's study of credit access in the Twin Cities Hmong commun
Paula Woessner
August 2003 - Community Dividend
HMDA changes are on the way; new rules take effect in 2004
2004 revisions to the Home Mortgage Disclosure Act will increase the amount and types of public information about residential real estate lending.
Karin Modjeski Bearss
August 2003 - Community Dividend
Linking immigrants to farming opportunities
For immigrants in the Twin Cities area, farming is a source of income, opportunity, and independence.
Devon Idstrom
August 2003 - Community Dividend
New Minnesota capital fund launched
August 2003 - Community Dividend
The Lakota Fund receives grant
August 2003 - Community Dividend
Between Two Worlds: How Do Credit Markets Work?
2002 Annual Report Essay: An investigation into credit availability in the Minneapolis-St. Paul Hmong community.
Arthur J. Rolnick, David Fettig
May 2003 - The Region
CRA: A brief introduction
2002 Annual Report
May 2003 - The Region
Message from the President
2002 Annual Report
Gary H. Stern
May 2003 - The Region
A conversation with ... Claudia Parliament and Dick Todd
Community Dividend discusses financial literacy with Claudia Parliament, professor of applied economics at the University of Minnesota and director of the Minnesota Council on Economic Educat
November 2002 - Community Dividend
CDFI Fund awards NACTA grants
November 2002 - Community Dividend
Federal Reserve Governor Bies tours St. Paul neighborhoods
Federal Reserve Governor Susan Schmidt Bies began her first official visit to the Ninth District with a community development tour of two inner-city neighborhoods in St. Paul.
Paula Woessner
November 2002 - Community Dividend
Financial literacy education: A potential tool for reducing predatory lending?
A review of recent studies supports cautious optimism that increased financial literacy can help consumers avoid predatory lenders.
Richard M. Todd
November 2002 - Community Dividend
First Accounts awards grants
November 2002 - Community Dividend
Indian business groups receive grants
November 2002 - Community Dividend
Property flipping in the Twin Cities
In the late 1990s, a widespread mortgage scam targeted at low-income neighborhoods was uncovered in the Minneapolis-St. Paul metropolitan area.
Nikki Foster
November 2002 - Community Dividend
Wisconsin commission receives Pioneer Award
November 2002 - Community Dividend
A conversation with ... Wafiq Fannoun and Hussein Samatar
Community Dividend discusses Islamic financing with Wafiq Fannoun, business development specialist at Northside Residents Redevelopment Countil, and Hussein Samatar, a small business banking
August 2002 - Community Dividend
Alternative financing: Issues and opportunities for lenders and interest-averse populations
There is great demand among Muslims and certain other faith-based populations for alternative financial products that will provide access to credit in a manner consistent with their religious beliefs.
Nikki Foster, Nicole Bennett, Margaret Tyndall
August 2002 - Community Dividend
Great Falls NHS ranks first
August 2002 - Community Dividend
National Congress of American Indians receives $200,000 grant
August 2002 - Community Dividend
Size of Twin Cities Muslim population difficult to determine
When communities are based on faith, accurate demographic figures can be difficult to find.
Paula Woessner
August 2002 - Community Dividend
President's Message
2001 Annual Report: Gary Stern, president of the Federal Reserve Bank of Minneapolis, comments on the government's role in increasing homeownership rates, the topic of the 2001 annual report's essay.
Gary H. Stern
April 2002 - The Region
A conversation with ... Jay Kayne and Don Macke
Community Dividend discusses rural entrepreneurship with Jay Kayne, vice president of community and policy at the Kauffman Center for Entrepreneurial Leadership, and Don Macke, project coordi
November 2001 - Community Dividend
Agencies receive NAHRO awards
November 2001 - Community Dividend
Entrepreneurship in rural communities: An emerging strategy presents opportunities and challenges
As rural America faces mounting challenges, some communities are turning to entrepreneurship as a strategy for success.
Nikki Foster
November 2001 - Community Dividend
Fed Gov. Gramlich tours Great Falls for look at affordable housing efforts
A summary of Federal Reserve Governor Edward Gramlich's June 2001 visit to Great Falls, Mont.
Paula Woessner
November 2001 - Community Dividend
Montana firm receives SBA award
November 2001 - Community Dividend
NADO honors six groups
November 2001 - Community Dividend
Three-part series highlights development tools
A recap of a three-part event series on the Community Reinvestment Act and community development tools.
Nicole Bennett
November 2001 - Community Dividend
A conversation with ... JoAnne Lewellen, former Community Affairs Officer, Federal Reserve Bank of Minneapolis
Community Dividend spoke with JoAnne Lewellen about the Community Reinvestment Act, the evolution of the Community Affairs program during her tenure with the Minneapolis Fed, and the program'
August 2001 - Community Dividend
Business ownership increases for Native Americans
August 2001 - Community Dividend
Community development under the CRA: Review of the 1995 regulations begins
With review of the current Community Reinvestment Act (CRA) regulations imminent, Community Dividend presents an overview of the definition of community development under the CRA.
Margaret Tyndall
August 2001 - Community Dividend
Fed Governor Gramlich discusses the problem of predatory lending
Federal Reserve Governor Edward M. Gramlich discusses the common elements of predatory loans and draws distinctions between predatory lending and subprime lending.
Edward M. Gramlich
August 2001 - Community Dividend
Mongolia: Ancient country works through daunting economic challenges
As a consultant to a lending institution in Mongolia in the summer of 2000, Community Affairs Analyst Thomas Moore got a firsthand look at the country's transition from communism to a free market econ
Paula Woessner
August 2001 - Community Dividend
New Markets Tax Credits: The next tool for community-development financing
Buzz Roberts, vice president for policy at Local Initiatives Support Corporation, explains how the New Markets Tax Credit will work and what this new financing tool can and cannot accomplish.
Buzz Roberts
August 2001 - Community Dividend
Study: Homes near affordable housing properties perform well
August 2001 - Community Dividend
A conversation with ... Elsie Meeks of The Lakota Fund
Community Dividend discusses the economic development efforts of The Lakota Fund with its executive director, Elsie Meeks.
November 2000 - Community Dividend
Economic development in Indian Country: Lessons learned by The Lakota Fund
By sharing 10 lessons learned from its lending activities, The Lakota Fund hopes to benefit all community developers.
Margaret Tyndall
November 2000 - Community Dividend
Fed Gov. Gramlich tours Phalen Corridor project in St. Paul
A summary of Federal Reserve Governor Edward Gramlich's July 2000 visit to St. Paul.
November 2000 - Community Dividend
Five Minnesota communities receive housing grants
November 2000 - Community Dividend
Honors for housing initiative
November 2000 - Community Dividend
Montana high school students build affordable housing
November 2000 - Community Dividend
Walking the Native Path to Economic Development: Results of Fall 1999 conference
A discussion of the results of a Fed-sponsored, Fall 1999 conference on tribal economic development.
Margaret Tyndall, Thomas Moore
November 2000 - Community Dividend
Breaching the "Buckskin Curtain"
Thanks to growing wealth on some reservations, banks—including a handful owned by tribes—see untapped markets but face obstacles to banking in Indian Country.
Ronald A. Wirtz
September 2000 - The Region
A conversation with ... Elise Hoben and Bob Poznanski of Rural LISC
Community Dividend discusses rural community development corporations with Elise Hoben and Bob Poznanski, two noted experts from Rural Local Initiatives Support Corporation.
August 2000 - Community Dividend
Affordable housing champs
August 2000 - Community Dividend
CDFI Fund awards $112 million
August 2000 - Community Dividend
Churchs Ferry receives flood grant
August 2000 - Community Dividend
Operation Walking Shield
August 2000 - Community Dividend
Revolving loan funds: A source of capital in South Dakota
Revolving loan funds are a major source of capital for individuals who do not qualify for traditional financing.
Nicole Bennett
August 2000 - Community Dividend
Rural CDCs: Building the capacity for success
In many American rural areas, crucial community development services are provided by community development corporations, or CDCs.
Margaret Tyndall
August 2000 - Community Dividend
Conference participants share their own views
A summary of participants's responses to key questions asked at an April 1999 mixed-use development conference.
Nicole Bennett
November 1999 - Community Dividend
Harvard recognizes outstanding tribal governance programs
Five programs on Indian reservations in the Ninth Federal Reserve District recently received distinction from the Harvard Project on American Indian Economic Development.
Cindy Porter
November 1999 - Community Dividend
Partnerships and financing are key to mixed-use development
At a mixed-use development conference in Minneapolis, lenders and local government staff provided valuable insight into real-world issues and lessons they learned in doing mixed-use projects.
Nicole Bennett
November 1999 - Community Dividend
How do Minorities Fund Start-up Businesses?
Two minority neighborhoods in Chicago are surveyed to determine the source for start-up financing of businesses.
Robert Townsend, Paul Huck, Sherrie L.W. Rhine, Philip Bond
September 1999 - The Region
Microenterprise awards are announced
Two Ninth District organizations recently received awards for their outstanding work in the field of microenterprise development.
Stephanie Omersa
July 1999 - Community Dividend
Personal finance: The bedrock of a community's financial health
Personal financial management can affect an entire community by limiting home ownership and business formation opportunities.
Margaret Tyndall, Thomas Moore, Bryan Jon Maciewski
July 1999 - Community Dividend
Tracking small business lending in the Ninth District: What the new CRA data allows
New data provides insights into small business lending in the Ninth District
Ron J. Feldman, Jason Schmidt
April 1999 - fedgazette
The facts about the Twin Cities
Is the Twin Cities metropolitan area exceptional? A new publication from the Federal Reserve Bank of Minneapolis address that question and others.
Cindy Porter
March 1999 - Community Dividend
Mixed-use development profile: Edina, Minn.
Highlights of mixed-use development in Edina, Minn.
Larry Laukka
December 1998 - Community Dividend
Mixed-use development profile: Hibbing, Minn.
Highlights of mixed-use development in Hibbing, Minn.
Jane Kaiser
December 1998 - Community Dividend
Mixed-use development profile: Minneapolis
Highlights of mixed-use development in Minneapolis.
Iric Nathanson
December 1998 - Community Dividend
Mixed-use development: Through the lenders' looking glass
Mixed-use developments were the norm in American towns and cities in the early part of this century. Now they are making a comeback, raising issues for lenders.
Nicole Bennett
December 1998 - Community Dividend
The future of mixed-use development: A developer shares his views
Community Dividend speaks with Edina, Minn.-based developer Larry Laukka about his perspective on the state of mixed-use development in the Twin Cities.
Thomas Moore
December 1998 - Community Dividend
What does "mixed-use development" mean?
The term "mixed-use development" holds a variety of meanings and can be applied to a wide range of community development projects.
December 1998 - Community Dividend
Alice Rivlin gets a first-hand look at two Twin Cities neighborhoods
Federal Reserve Governor Alice Rivlin visited two south Minneapolis communities on September 25.
Margaret Tyndall
October 1998 - Community Dividend
Explaining the shortage of affordable housing
Community Dividend explores why affordable housing shortages persist in so many communities.
Stephanie Omersa
October 1998 - Community Dividend
Labor lessons learned in straw bale projects
Straw bale projects provide training and construction experience to local, unskilled workers interested in the construction trades.
October 1998 - Community Dividend
Partnerships are the key to obtaining financing for building projects
Straw bale construction projects in Minnesota and Montana obtained financing through partnerships with local banks and other community organizations.
October 1998 - Community Dividend
Straw bale construction provides affordable, efficient housing
Housing developers are experimenting with a variety of alternative building methods, including straw bale construction
Nicole Bennett, Stephanie Omersa
October 1998 - Community Dividend
Federal Reserve Governor Meyer visits Ninth District Indian reservations
An interview with Federal Reserve Governor Laurence H. Meyer, who visited two Minnesota Indian reservations in May 1998.
David Fettig, Margaret Tyndall
July 1998 - Community Dividend
Follow up on HUD 184 program article
An update on the HUD 184 residential mortgage loan program for Indian Country.
July 1998 - Community Dividend
Model code addresses economic development in Indian Country
A model commercial code for Indian tribes is designed to encourage the business and lending communities to invest in Indian Country and foster economic development.
Maylinn E. Smith
July 1998 - Community Dividend
Tribal sovereign immunity: An obstacle for non-Indians doing business in Indian Country?
What is sovereign immunity, and what does it mean in the tribal context?
Sue Woodrow
July 1998 - Community Dividend
U.S. banks offered historic opportunity in Indian Country
To serve the emerging Indian-owned private enterprise market, bankers should understand the structure of the economies of tribal communities and the size of the potential market.
Patrick Borunda
July 1998 - Community Dividend
We, the First Americans shows statistics regarding indigenous U.S. citizens
Census statistics offer a picture of how economic life for American Indians on reservations compares with that of the rest of the U.S. population.
July 1998 - Community Dividend
HUD 184 loan program helps Native Americans achieve homeownership
The HUD 184 loan program is designed to mitigate many factors that inhibit mortgage lending on American Indian reservations.
Deanna Lucero
April 1998 - Community Dividend
Implementing NAHASDA: How the rule was written
Doug Dewalt, a tribal representative serving on NAHASDA's Negotiated Rulemaking Committee, discusses his experience relating to the enactment of the historic Indian housing act.
Thomas Moore
April 1998 - Community Dividend
Roles and responsibilities for processing the HUD 184 Indian Home Loan Guarantee Program
Details about who does what in the HUD 184 loan program.
April 1998 - Community Dividend
The role of banking debt in community development
An excerpt from a speech Federal Reserve Bank of Minneapolis President Gary H. Stern delivered at the 1997 Nation Building Conference in Missoula, Mont.
Gary H. Stern
April 1998 - Community Dividend
Assistant Secretary Retsinas' speech highlights housing conference
Community Dividend presents excerpts from a speech that Nicholas Retsinas, HUD Assistant Secretary for Housing-Federal Housing Commissioner, delivered to a South Dakota housing conference.
Nicholas Retsinas
December 1997 - Community Dividend
Bank CDCs: Building partnerships for community development
Bank CDCs are tools for promoting economic and community development that have gained popularity in communities across the country.
December 1997 - Community Dividend
Flood insurance helps manage risk of financial loss
Answers to questions about the National Flood Insurance Reform Act of 1994's technical requirements.
Lisa DeClark
December 1997 - Community Dividend
Small town addresses big housing shortage
A Deadwood, S.D., housing organization works to satisfy the increasing need for affordable housing for local residents and commuting workers.
December 1997 - Community Dividend
Recycling resources
The Community Reinvestment Fund links economic development financing more closely with capital markets and gives community-based lenders a funding option other than uncertain sources of government mon
July 1997 - Community Dividend
Spotlight on success: The Anoka County partnership
The Anoka County Economic Development Partnership has allowed many groups and individuals to join forces and help launch and nurture businesses.
July 1997 - Community Dividend
When neighborhood housing programs succeed, everyone benefits
Top of the Ninth Column
Gary H. Stern
June 1997 - The Region
Changes in Indian Country
A summary of the Native American Housing Assistance and Self-Determination Act of 1996.
Jacqueline Kruszek
April 1997 - Community Dividend
Credit scoring and small business loans
Credit scoring is the process of assigning a single quantitative measure, or score, to a potential borrower that reflects the borrower's relative chance of going into delinquency or default.
Ron J. Feldman
April 1997 - Community Dividend
Lending to small firms and small farms
A snapshot of data on the distribution of business loans to farms and firms by the size of the loan.
Ron J. Feldman
April 1997 - Community Dividend
Regulators approve CRA strategic plans
The Federal Reserve Board has announced its approval of the first bank strategic plans submitted under the newly revised Community Reinvestment Act regulations.
April 1997 - Community Dividend
Bank Enterprise Awards announced
The Community Development Financial Institutions Found has announced the first-ever recipients of its Bank Enterprise Awards.
December 1996 - Community Dividend
CDFIs focus on community development
CDFIs serve an important function in their communities by meeting needs for financial services and products that are not currently being met through the traditional financial market.
December 1996 - Community Dividend
Ninth District corporation is awarded CDFI funds
A Ninth District organization is among the first-ever recipients of Community Development Financial Institutions Fund awards.
December 1996 - Community Dividend
My Federal Reserve Bank internship experience
Stephen Turner, a senior at the University of Minnesota-Morris, discusses his recent internship in the Community Affairs office of the Federal Reserve Bank of Minneapolis.
Stephen Turner
October 1996 - Community Dividend
Ninth District corporation is awarded CDFI funds, community development venture capital
An organization in Duluth, Minn., is among the first-ever awardees of the Community Development Financial Institutions Fund.
October 1996 - Community Dividend
Not all credit unions are alike
Letter to the Editor
October 1996 - fedgazette
What is Community Affairs?
A discussion of the Community Affairs function of the Federal Reserve System.
October 1996 - Community Dividend
How the New CRA Will Affect Mortgage Lending
Top of the Ninth
Gary H. Stern
December 1995 - The Region
Community development: an entrepreneurial approach
Robert Tosterud
July 1995 - fedgazette
Doing the undoable deal
Banks find ways to rebuild neighborhood housing stock
David Fettig
July 1995 - fedgazette
Loans program brings funds to southwestern Wisconsin
Rural group, M&I bank agree to work together to aid rural areas
David Fettig
July 1995 - fedgazette
Putting the “C" in CRA
As Congress debates value of lending law, banks go about the business of reinvesting
David Fettig
July 1995 - fedgazette
Clarence Mortenson
The Spirit of the Ninth District Personified
Kathy Cobb
December 1994 - The Region
Suspending Disbelief: Low Incomes Do Not Mean High Defaults
Top of the Ninth
Gary H. Stern
June 1994 - The Region
Third World Islands in a Sea of Relative Prosperity
Minneapolis Fed joins effort to capitalize Indian reservations
David Bland
June 1994 - The Region
Banking's Role in Business-Community Partnership
John P. LaWare
March 1994 - The Region
Q&A with Lawrence Lindsey
Federal Reserve Governor talks about CRA
David Fettig
January 1994 - fedgazette
Community Reinvestment is a way of life, not a law, says small town bank
David Fettig
July 1993 - fedgazette
In light of public disclosure, CRA gains luster
But after 15 years, banking industry still takes dim view
David Fettig
July 1993 - fedgazette
An Update on Community Involvement
Top of the Ninth
Delbert Johnson
September 1992 - The Region
Proper attitude is key to successful community lending
fedgazette Editorial
A. William Sands
June 1990 - fedgazette
Resolving Conflict: The Fed's Role in the Community Reinvestment Act
Top of the Ninth
Gary H. Stern
December 1989 - The Region
Too small for state programs, federal funds crucial to U.P.
David Fettig
December 1989 - fedgazette
