No county is without challenges, but those in rural areas face a unique set of difficulties. Studying three of our region’s most economically challenged counties revealed that being connected—in a variety of ways—is crucial for success.
Recovering from an emergency event is accomplished in phases—and with many hands. Seeing the many pressing needs of the area, one eastern Kentucky nonprofit realized that more staffing was part of the solution and took action.
For lower-income households, the barriers to homeownership can seem insurmountable. Lending programs can help address the lack of traditional financing available to buyers who are often left out of homeownership—those who need a small-dollar mortgage.
With businesses closed and orders to shelter in place, many tenants—especially those with low- to moderate-incomes—are finding themselves unemployed, unable to pay their rents, and subject to eviction. There are resources to help.
For the formerly incarcerated, questions abound: What is the next step? Where can I get a job? How can I begin rebuilding my life? One Cincinnati company is providing answers.
Land contracts, when appropriately administered, allow low-income individuals who might not qualify for conventional bank-financed mortgages a chance to become homeowners.
The Central Appalachian region is currently experiencing an economic transition. Philanthropic organizations are working to overcome the region’s challenges by capitalizing on its natural assets.
The Cleveland Fed’s Policy Summit gathers policymakers, researchers, academics, and others to discuss and offer solutions to issues that impact communities.