Cascade is a community development publication produced three times a year by the Community Development Studies and Education Department. Cascade has a primary readership in financial institutions, nonprofits, and government agencies in the Third Federal Reserve District.
To search by topic, use the index of articles.
Cascade Briefs is a periodic electronic newsletter containing timely news and information on community development and financial education. You can view the most recent issue or sign up to receive this publication by e-mail.
This issue focuses on community development financial institution (CDFI) trends and issues. It includes information on issues facing CDFIs; CDFIs as intermediaries for healthy food financing; the expansion of a Goldman Sachs small business initiative in Pennsylvania; a research study on the impact of government-subsidized lending; how to build CDFI capacity; and how CDFIs have increased their access to capital markets, federal loan programs, and corporate support. This issue also includes Mapping Our Community, a new regular feature that shows the location of CDFIs in the Third Federal Reserve District.
This issue of Cascade provides insight into the Pennsylvania Housing Finance Agency’s successful loan servicing strategies; legislation that enables Pennsylvania municipalities to create land banks to acquire vacant and tax-delinquent properties; the lessons learned by two cities — Philadelphia and Camden, NJ — that are in the midst of redeveloping their waterfronts; the relationship between student debt and college graduation rates; the critical importance of preserving affordable rental housing in Pennsylvania, New Jersey, and Delaware; a survey of economic conditions in low- and moderate-income households; and two awards received by the Philadelphia Fed’s economic education advisor. This issue also includes an article on the U.S. Treasury’s $1.5 billion State Small Business Credit Initiative (SSBCI), which is providing funding to state small business loan programs. In addition, a list of the state programs that are receiving SSBCI funding in Pennsylvania, New Jersey, and Delaware is available.
This issue of Cascade features some of the highlights from our fifth biennial Reinventing Older Communities conference, the theme of which was Building Resilient Cities. The topics covered include strategies that are being used to help revitalize older industrial communities, the role anchor institutions play in supporting economic development goals, ways in which the arts and culture can be used to stimulate economic development, steps local governments are taking to deal with the fiscal crisis, and urban education models that have shown success.
This issue focuses on the results of a Philadelphia nonprofit’s work on employment training and business and community development, including reflections on what works in employment training; a bank’s leadership in a rural historic project that used new markets tax credits in Gettysburg, PA; the preservation of 376 affordable housing units in central Pennsylvania through a $26 million refinancing; a worsening funding gap for affordable rental projects; new staff members in Community Development Studies and Education; an “in memoriam” on the directors of two community development financial institutions (CDFIs) and current plans for the CDFIs; and a study on the impact of negative equity in communities of color in the Chicago area.