Community Development

CLTs Keep Housing Affordable

EITC Boosts Local Economies

Split Refunds Link Tax Time to Savings

Banking the Unbanked on Both Sides of the Border

Bringing HBCUs Back to Their Communities

CDFI Investing Made Easy with CARS

Post-Katrina Housing Woes Challenge Residents and Planners

Spotlight on the District—Alabama and North Florida

Staff

CLTs Keep Housing Affordable

Soaring housing prices in many Sixth District states have made it difficult to recruit and retain essential personnel such as police, firefighters and teachers. One solution being explored is the community land trust (CLT), which acquires and holds land for the benefit of the community with the goal of sustaining housing affordability.

EITC Boosts Local Economies

The Earned Income Tax Credit (EITC) is the largest anti-poverty program in the U.S., distributing more than $39 million in refunds in 2005. A new study assesses the impact these dollars have on neighborhoods.

Split Refunds Link Tax Time to Savings

Tax time is a good opportunity for low- and moderate-income individuals to establish savings. In 2007, the IRS will make it easier by allowing taxpayers to split their refunds among as many as three accounts.

Banking the Unbanked on Both Sides of the Border

Federal Reserve Banks and Banco de México continue to improve access to financial services and low-cost delivery of money transfers from the U.S.

Bringing HBCUs Back to Their Communities

Historically Black Colleges and Universities (HBCUs) are proactively seeking ways to build up the economies of communities surrounding their schools.