Community Development
The resources accessible in this section—articles, events, data, and links to outside organizations—are the work of the Federal Reserve Bank of Cleveland’s Community Development department. To learn about our applied research efforts or to contact a member of the team, check out the links at right.
Features
- 2012 Federal Reserve Bank of Cleveland Policy Summit
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- The 10th annual Cleveland Fed Policy Summit will focus on effective strategies to strengthen and rebuild communities. With neighborhoods and entire regions struggling to regain their footing in the wake of a housing crisis and economic recession, now is a critical time to implement rebuilding strategies that work. What are the most effective strategies, particularly in older industrial cities and the weaker-market regions that surround them? How is the impact of programs best measured? And where should community leaders direct ever-scarcer funds to gain the greatest effect? Read more
- Issues & Insights
- In an effort to identify and better understand key community development issues in our district, we surveyed community stakeholders in the third quarter about challenges facing the communities they serve. Among those who responded, availability of local employment opportunities topped the list of current concerns, followed by vacant and abandoned property and budget cuts at the state level. Read more
- Community Stabilization Index: June 2011
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- What's the recovery potential for your community? The Cleveland Fed recently revised a tool we call the Community Stabilization Index, a compilation of data that provides counties with a relative measure of local housing market conditions at the zip code level. The focus of the index is recovery potential. We just added maps for the index for three counties to our website?Allegheny County, PA (Pittsburgh), Hamilton, OH (Cincinnati), and Stark County, OH (Canton). How can these maps help community leaders? One possible use is supporting or guiding city officials and funders on where to allocate scarce resources. The maps can also be used by banks to better understand conditions in their markets. Read more
