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Working Papers

PRO Neighborhoods Case Study: Adelante Phoenix

Alexander von Hoffman, Matthew Arck • July 6, 2017

Adelante Phoenix is a partnership of four community development financial institutions (CDFIs) that were awarded $6 million through PRO Neighborhoods, a grant program of…
Working Papers

PRO Neighborhoods Case Study: Chicago CDFI Collaborative

Alexander von Hoffman, Matthew Arck • June 29, 2017

The Chicago CDFI Collaborative is a partnership of three community development financial institutions (CDFIs): Community Investment Corporation, Chicago Community Loan Fund,…
Working Papers

The Financial Returns to Low-Income Homeownership

Eric Belsky, Nicolas Retsinas, Mark Duda • September 9, 2005

W05-9: Efforts to promote low-income homeownership have intensified over the past ten years. Under both regulatory and market pressures, the mortgage finance industry…
Working Papers

Past Accomplishments and Future Regulatory Challenges

William Apgar, Mark Duda • March 30, 2002

The U.S. Congress passed the Community Reinvestment Act (CRA) in 1977 to encourage depository institutions to meet the credit needs of lower income neighborhoods. The CRA was…
Working Papers

Federally Sponsored Rehabilitation Activity

Mark Duda • July 30, 2001

W01-8: Each year the federal government spends approximately $6 billion to rehabilitate the housing stock, which leverages a similar amount of spending from the private…