Spring 1999

Rebirth of a Vital Urban Neighborhood
Memphis' Cooper Young Area Experiences Positive Turnaround

Memphis' Cooper Young neighborhood is an example of a community development initiative that meets both housing and economic development needs.

Higher FHA Loan Limits Allow Larger Reverse Mortgages for Senior Citizens

Early this year, the caps on mortgages insured by the U.S. Department of Housing and Urban Development's (HUD) FHA program were raised.

Arkansas Association Promotes Revolving Loan Funds

The Arkansas Community Loan Fund Association was recently created to promote economic development and increase the visibility of the revolving loan fund industry in the state.

St. Louis Fed Director Receives Lifetime Achievement Award

Joe Gliessner, a director on the St. Louis Fed's Board, was honored for significant achievement in affordable housing.

KHC Expands Homeownership Programs

Kentucky Housing Corporation (KHC) recently received a grant for $290,281 from the U.S. Department of Housing and Urban Development to expand its homebuyer education and homeownership counseling programs.

San Francisco Fed Offering Lending School

The Federal Reserve Bank of San Francisco is presenting a training program July 18-22 designed to make community development lending a profitable, dynamic venture for institutions.

Communities Unabridged:

Angels and Other Venture Capitalists

For years, venture capitalists have invested in companies that have the potential to develop into significant economic contributors.

Small Business Investment Companies

A look at how the Small Business Investment Company (SBIC) program fills the gap between the availability of venture capital and the needs of emerging small businesses.

Following the Funds of the Venture Capital Cycle

Brokering Tax Credits--A New Approach to Community Development

To address complex development challenges, many communities have created public-private partnerships, which are often motivated by state tax credit programs.

Spanning the Region:

Locke Joins Community Affairs

Fed to Publish St. Louis Homebuyer Brochure

St. Louis Minority Business Council Administering Loan Program

Calendar

Resources

Please send questions or comments to Glenda.J.Wilson@stls.frb.org

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