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 provides highlights from the 2014 Reinventing Older Communities: Bridging Growth & Opportunity conference. The major themes of intergenerational mobility and equitable growth and subthemes of education, employment, and revitalization appear throughout the issue. The articles focus on measuring intergenerational mobility and economic growth in the Third Federal Reserve District; reversing the cycle of poverty through education and mentoring as well as workforce development; exploring the future of community development corporations (CDC) and measuring CDC impact; understanding changes in the housing market; using data visualization as a community development tool; and learning lessons from the Fund for Our Economic Future's work in Ohio. Visit www.philadelphiafed.org/ROC2014 for presentations, audio recordings, and videos of the 2014 Reinventing Older Communities conference.
This issue focuses on ways to strengthen household financial stability after the recession, why the unbanked use alternative financial services, the use of tax-time savings programs to build assets, the Cities for Financial Empowerment Coalition, and student loan debt. It also includes an interview with Sandra Braunstein of the Federal Reserve Board of Governors on the Federal Reserve’s role in community development, a Mapping Our Community feature on the distribution of household income, and a memorial to Frederick Heldring, former Philadelphia bank CEO and a founder of the Delaware Valley Mortgage Plan.
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.