The community development data dashboard provides insight into economic and housing conditions and trends in low- and moderate-income (LMI) communities. Some data sets are available for LMI neighborhoods, while others provide information for borrowers or households with low or moderate incomes. Often, this kind of information is presented for a city, region, state, or the U.S. as a whole but does not illuminate differences within a given geography. By reporting trends and conditions by income category, this resource can help shed light on whether aggregate statistics for a given geography also reflect the experiences of LMI communities within that geography or whether there are meaningful differences that warrant additional exploration.
This research compares mortgage lending patterns in low- and moderate-income neighborhoods and among low- and moderate-income borrowers with their middle- and upper-income counterparts. The study period covers the lead-up to the housing market peak and its subsequent collapse by presenting data from 2004 to 2010. The analysis explores originations and rejection rates for home loans by purpose (e.g., purchase, refinance), type (e.g., conventional, Federal Housing Administration), high-cost lending, oversight by federal regulatory agencies, and lender size. Separate documents are available for the U.S. as a whole and for the Third District of the Federal Reserve System.
Using the most recent data available, this suite of materials provides information on rental housing affordability conditions and trends in the Third Federal Reserve District from 2005 through 2010. This analysis not only explores the proportion of renters in the Third District with a housing cost burden but also investigates whether there are sufficient numbers of affordable rental units to meet the needs of low-income households. Estimates are available for the Third District as a whole, as well as for the states, metropolitan statistical areas (MSAs), and counties that lie within the District. See Affordability and Availability of Rental Housing in the Third Federal Reserve District: 2012.
Information from a leading consumer credit bureau has been analyzed based on the income of the consumer’s neighborhood. Learn more about median debt levels, access to credit, and delinquency rates in LMI communities by exploring our analysis of consumer credit data.
The following resources provide valuable local-level information that can be of use to those who work in community development. With one exception, these resources are not affiliated with the Federal Reserve Bank of Philadelphia.