Investors Are "Doing Well by Doing Good" with Louisville Community Development Bank

Resources

CRA Questions and Answers--The Federal Financial Institutions Examination Council (FFIEC) published the CRA Q&As in the May 3, 1999, Federal Register, volume 64, no. 84, on pages 23618 through 23648. They are also available on the FFIEC's web site at www.ffiec.gov/cra/qa/.

Principles & Practices of Community Development Lending--In its second edition, this guide is targeted to lenders and their community development partners who want to increase their knowledge of evaluating and making community development loans. The guide contains a method for analyzing community development loan proposals and includes a list of public and private credit programs. The guide is available from the Federal Reserve Bank of Minneapolis for $25. For more information, call (612) 204-5074.

One Man's Trash is Another Man's Treasure: Brownfields and the Redevelopment of Disadvantaged Neighborhoods--This report explores challenges faced by developers and financial institutions when considering redevelopment of contaminated land and facilities in our cities. It describes the history of the brownfields phenomenon, analyzes the variety of practical and institutional barriers to redevelopment of brownfields sites and presents strategies and best practices in programs facilitating cleanup and redevelopment, including alternative approaches to public-private financing arrangements that have been employed around the country. To obtain a copy of the report, contact the Community Affairs Office, Federal Reserve Bank of Richmond, at (804) 697-8447.