CRA collaboratives and the San Joaquin Valley

Kevin Hill

No 2013-6, Community Development Working Paper from Federal Reserve Bank of San Francisco

Abstract: California?s San Joaquin Valley is one of the nation?s most impoverished areas. Recent developments such as the foreclosure crisis and the Matosantos decision have heightened the Valley?s needs, and there is also evidence that the Valley is beginning to garner more attention from financial institutions and federal regulators. These developments create an opportunity for community-based organizations (CBOs) and financial institutions to work together in a mutually beneficial way. This paper describes how stakeholders have successfully collaborated to increase reinvestment in other locales, with lessons learned for the San Joaquin Valley. The results show that CBOs and financial institutions can improve conditions in the region and banks can still make a profit.

Pages: 9 pages
Date: 2013-11
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.frbsf.org/community-development/wp-con ... ites/3/wp2013-06.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedfcw:2013-06

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Community Development Working Paper from Federal Reserve Bank of San Francisco Contact information at EDIRC.
Bibliographic data for series maintained by Federal Reserve Bank of San Francisco Research Library ().