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CEDRIC's mission is to foster research related to community and economic development issues.

Community and Economic Development Research Information Center (CEDRIC)

CEDRIC's principal mission is to foster and document research related to community and economic development issues such as small business financial behavior, access to credit, affordable housing and community development and reinvestment.

Upcoming Events

Call for Papers: Tenth Biennial Federal Reserve System Community Development Research Conference   

The Federal Reserve System Community Development Research Conference is a unique event that convenes researchers, policymakers and practitioners to consider important issues people and their communities face. The 2017 conference will focus on the economic futures of America's kids and communities. Conference organizers seek to create a robust discussion around the state of community development in child and youth development, and the implications that such development has for the economy. See more on this and other upcoming events...

News

ProfitWise News and Views Issue One

We begin 2016 with a look at findings from the 'LMI (low- and moderate-income) survey.' We also explored five innovative products (at varying levels of development and scale) in the mortgage lending and housing sphere(s). Read more...

Revisiting the Promise and Problems of Inner City Economic Development Presentations

Presentations from the Inner city Economic Summit, hosted by the W.E. Upjohn Institute for Employment Research, Economic Development Quarterly and Sage, the Federal Reserve Bank of Chicago and the Initiative for a Competitive Inner City (ICIC), have been published. The Summit featured a keynote address by Harvard Business School Professor Michael Porter, as well as a number of sessions highlighting new research and discussing practitioner experiences on various aspects of inner city business development. Read more...

Federal Reserve Introduces FedCommunities.org

This new portal provides single-point-of-entry access to hundreds of community development resources from across the System. Learn more about workforce development efforts, data on foreclosure mitigation across regions, and maps for use in stabilization efforts by visiting all thirteen external Federal Reserve sites. Read more...

Resources for Businesses and Growth in Detroit

The Community Development and Policy Studies (CDPS) Division works on a variety of projects to leverage resources for businesses in the Detroit region and support strategies to attract investment to the city. Read more...

A Look at Upstate New York's Subprime Mortgages in Foreclosure

Subprime mortgage conditions remain a concern upstate. Analyzing a subset of these loans, this report finds that six counties with large urban centers account for about half of the securitized, subprime residential first lien loans in foreclosure. Read more... 

Understanding the Securitization of Subprime Mortgage Credit

This paper provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Read more...