The Beyond the Numbers series uses qualitative research methods, such as practitioner interviews and focus groups, to explore topics related to community development in low- and moderate-income communities and fair access to credit. Reports in this series may be follow-ups to other research published by the Federal Reserve Bank of Philadelphia or mixed-method reports that incorporate data from a variety of sources.
A Qualitative Exploration of "Following the Money: An Analysis of Foundation Grantmaking for Community and Economic Development"
In 2016, the Federal Reserve Banks of Philadelphia and Atlanta released a publication titled “Following the Money: An Analysis of Foundation Grantmaking for Community and Economic Development.” Based on data provided by the Foundation Center that capture all grants of at least $10,000 made by the 1,000 largest foundations between 2008 and 2013, the analysis finds that some metro areas received a substantially greater level of philanthropic support for community and economic development (CED) than did others during this period. This Beyond the Numbers report provides insights from a sample of key informants throughout the Third Federal Reserve District on the metro area and organizational factors that affect a community’s ability to attract foundation support for CED activities. This companion report explores in more depth the factors at play in determining where philanthropic capital flows and gains the perspective of nonprofits on the role of local and national philanthropic support for CED efforts. This study presents the themes that emerged from interviews with representatives from nonprofit organizations across Pennsylvania, New Jersey, and Delaware.
A Mixed-Methods Exploration of Consumer Credit Trends by Age in the Third Federal Reserve District
While there is growing awareness of the importance of consumer credit use for the broader economy, less is understood about the full context of borrowers’ balance sheets and how financial challenges change over a credit user’s lifecycle. Responding to this knowledge gap, this report takes a comparative look at the use of credit among Third Federal Reserve District residents across three age groups (18 to 34, 35 to 54, and 55 to 84 years). Combining analysis of credit bureau data with insights from interviews with housing and credit counselors, this report provides a comprehensive overview of key consumer credit issues and their impact on the financial well-being of consumers in each age group.
A Qualitative Exploration of Affordability and Availability of Rental Housing in the Third Federal Reserve District: 2015
In February 2015, the Community Development Studies & Education (CDS&E) Department of the Federal Reserve Bank of Philadelphia released a publication titled Affordability and Availability of Rental Housing in the Third Federal Reserve District: 2015. Following the release of the report, housing professionals were interviewed to further investigate the rental housing affordability challenges in the Third Federal Reserve District. This Beyond the Numbers qualitative companion report takes a more in-depth look at the challenges and trends revealed in the quantitative analysis. This report presents themes that emerged from interviews and shares insights from the field on the factors driving increased unaffordability, unit scarcity, and rising demand in the rental housing market.