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Community Development

July/August 2012

Articles

Innovative Job Growth Strategies in Houston

Poll on Job Obstacles for SE Low-Wage Earners

Fed Board's Family Finances Survey Available

Banks Can Receive CRA Credit for Stabilizing Work

Community Development Exec Discusses Award-winning Initiatives

Two Cities' Road to Economic Recovery

Mobile Banking and Payments for Unbanked Consumers

July 13 Session on Management and Disposition of REO Properties

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Conferences and Events

Announcements and Recommended Reading

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Economic Development Podcasts

Editor's Note: This publication is posted on a rolling bi-monthly schedule.

Updated August 28, 2012

Generating Jobs in Challenging Times: A Texas-Sized Story
8/28/2012 - How can a city create an attractive business climate and leverage its unique assets to gain and retain jobs? The Greater Houston Partnership's Craig Richard discusses an approach that has worked in his city to propel significant job growth despite the weak national recovery.

Taking the Pulse of Regional Low-Wage Workers
8/23/2012 - Low-wage workers make up about one-third of the U.S. workforce. What hurdles do they encounter when looking for a job? The Atlanta Fed community and economic development group conducted a poll to understand the issues low-wage workers in the Southeast face.

Fed Survey Examines Recession's Impact on Family Finances
8/3/2012 - According to the Federal Reserve Board's Survey of Consumer Finances for 2010, American families' net worth and income have fallen sharply since 2007.

Federal Regulators Release the 2012 List of Distressed, Underserved Communities
8/3/2012 - The number of middle-income rural communities in the Southeast designated as distressed or underserved grew 45 percent between 2011 and 2012, according to federal banking regulators. Financial institutions will receive credit under the Community Reinvestment Act for revitalization or stabilization efforts in those areas.

Acting Locally: Interview with Community Development Executive Deborah Scott
7/26/2012 - Scott, executive director of Georgia STAND-UP, discusses critical issues for underserved communities and how her organization works with numerous partners to address key community and economic development issues.

From Textiles to Turnaround: A Tale of Two Cities
7/19/2012 - Many cities have experienced the contraction of a once-dominant industry. The Richmond Fed's Kim Zeuli examines two North Carolina cities—Concord and Eden—that lost their textile employment base and learned to adapt to changing conditions.

Increase in Mobile Banking Services an Opportunity for Unbanked Consumers
7/12/2012 - Kate Marshall Dole, an analyst at the Center for Financial Services Innovation, discusses the potential that mobile banking and payments represent for reaching the unbanked and underserved communities.

REO Management and Disposition Policies and Procedures: Call-in Session
7/9/2012 - Join community development practitioners from across the country at 3:30 p.m. ET on Friday, July 13, for a Federal Reserve call-in session on current policies associated with the management and disposition of real estate owned (REO) property. Register for this interactive session.

Conferences and Events

Announcements and Recommended Reading