Community Development Research Briefs
Research Briefs feature data and commentary on community development trends and issues.
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Child Care, COVID-19, and our Economic Future
Bina Patel Shrimali, Federal Reserve Bank of San Francisco
Child care is important for cultivating the future workforce, and it also ensures that working parents of today can participate in the economy, helping to achieve the Federal Reserve’s mandate for full employment. While child care in the U.S. is a piece of critical infrastructure, it is often invisible and undervalued. Straddling the lines between parenting, education, and small business, child care does not get the full attention and resources of any particular domain, and its contribution to the economy has been overlooked. This report draws attention to the importance of child care to the economy, highlights shortfalls and challenges in this sector prior to COVID-19, and explores new issues that threaten the viability of the sector in the context of the pandemic.
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Holding Space: Underlying Real Estate Conditions for Nonprofits in the Los Angeles Region
Eileen Hodge, Jiwon Kim, & Elizabeth Mattiuzzi
Over the past decade, rising real estate costs have led to displacement of low-income residents and small businesses from Los Angeles’ changing neighborhoods. The Federal Reserve Bank of San Francisco conducted a survey of nonprofits in the Los Angeles metropolitan area to explore how they are faring in the face of displacement pressures. This report presents those findings alongside comments from follow-up interviews.
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Driving Systems Change Forward
Corianne Payton Scally, Lydia Lo, Kathryn L.S. Pettit, Camille Anoll, and Kassie Scott, Urban Institute
A slate of multisite, cross-sector initiatives has emerged to address structural root causes of inequities by changing the systems that shape community conditions and individual well-being. This report reflects on recent progress and shortcomings and provides strategies to drive systems change forward. The findings highlight the complex intersections of systems, racial equity, and power that can work for or against systems change.
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Transforming Conflict to Empower Community and Decrease Displacement in Gentrifying Communities
Amy Minzner, Community Science
Conflict Transformation (CT) is an approach that grapples with and seeks to address deep social conflicts in addition to visible disputes. CT holds promise for helping communities navigate the challenges of gentrification in ways that bridge differences, facilitate communication, and further equity. This paper highlights principles of CT that illuminate how existing development and equity-focused strategies can be combined to foster true transformation.
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Impacts of COVID-19 on Nonprofits in the Western United States
Laura Choi, Elizabeth Mattiuzzi, and Bina Shrimali, Federal Reserve Bank of San Francisco
Nonprofit organizations play an important role in the response to COVID-19, but the crisis is straining their ability to serve communities. This report summarizes data from a Federal Reserve survey to assess the impact of the pandemic on nonprofit respondents and the communities they serve in the Western United States. Article Citation Choi, Laura, Elizabeth […]
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The Mental Health Implications of COVID-19 on Low-Income Communities and Communities of Color
Laura Choi, Federal Reserve Bank of San Francisco
Shelter-in-place and social distancing measures have been critical for “flattening the curve” and managing the spread of COVID-19, but the sudden shock to our economic and social lives is raising concerns about mental and behavioral health issues. Low-income communities and communities of color were already more likely to experience risk factors for poor mental health, such as low socioeconomic status and substandard living conditions. This research brief explores these risk factors in the context of COVID-19, and why mental health promotion should be part of a comprehensive approach to equitable economic recovery.
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What are Banks Doing to Address the Impacts of COVID-19 on LMI Communities? Early Approaches to Addressing the Crisis
Bina Shrimali, Federal Reserve Bank of San Francisco
Banks play a key role in helping to alleviate the economic impacts of COVID-19 and have been encouraged to leverage Community Reinvestment Act (CRA) activities in their response. This research brief presents findings from interviews with community development officers across CRA-motivated financial institutions in the Twelfth Federal Reserve District and summarizes their early response actions. Interviewers asked about changes to lending, services, and investments; whether the recent CRA guidance had spurred any changes to the ways banks were operating; how banks were prioritizing growing need; and ways banks were being responsive to evolving community conditions.
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Community Development Leadership: Early Visionaries Inspire Tomorrow’s Success
Robert Zdenek and Dee Walsh
This paper draws on interviews with 12 diverse long-time leaders in community development and identifies a number of common themes for what inspired and drove them. It provides a framework to describe four phases of leadership and makes recommendations for current and future community development leaders.
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Why Credit Scores and Payday Lending Matter for Health
Kirsten Wysen, MHSA, Public Health – Seattle & King County
Greater inclusion in affordable credit markets and other policies that protect consumers from high cost debt could improve both the financial well-being and physical health of millions of adults. New epidemiologic evidence has shown strong connections between exposure to high cost short-term debt and poor health. This paper summarizes what is known on this topic and potential solutions.
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Climate Adaptation Investment and the Community Reinvestment Act
Jesse M. Keenan, Harvard University, and Elizabeth Mattiuzzi, Federal Reserve Bank of San Francisco
This report introduces the field of climate adaptation finance and explains its connection to the Community Reinvestment Act (CRA) within the context of the disaster provisions guiding pre- and post-disaster investments. In a demonstration of need, the report provides evidence of the spatial concentration of disaster declarations in areas with CRA-eligible populations. It highlights existing innovative and hypothetical investments within a broader context for stimulating greater pre-disaster planning and investment.