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When Donors Feel
Generous
by Stephan Meier, Federal Reserve
Bank of Boston
New research shows that people donate time and money
at the level of peers to groups with which they identify—and
that they want to see the impact of their giving. Nonprofits
seeking volunteers and funds will find the insights
useful.
A Ticket to
the Middle Class: Working Off College Debt
by Elizabeth Warren, Sandy
Baum, and Ganesh Sitaraman
A proposed program—in which each year of paid public
service would cancel one year of college expense—could
lift the burden of debt from graduates while supplying
capable workers to municipalities and nonprofits.
25 Years of
Internships
by Lillian Seay, Federal Reserve
Bank of Boston
The Federal Reserve Bank of Boston has provided mentoring
and paid internships to inner-city high school students
since 1982. The most recent initiative, FinTech Scholars,
prepares young people specifically for careers in financial
services.
Targeting
Urban Revitalization
First Person with Alice M.
Rivlin, Senior Fellow, Brookings Institution
A movement to focus public improvement efforts on neighborhoods
with the greatest potential to spread the benefits is
gaining adherents. Former Federal Reserve Board vice
chairman Alice Rivlin discusses her recent research
into targeting.
Venture Strategies
for Distressed Areas
by Michael H. Gurau, CEI Community
Ventures Fund
Venture capital, which can help businesses and neighborhoods
grow, is typically limited to urban markets. A new fund
serving Maine, New Hampshire, and Vermont is showing
that investment opportunities exist in rural and distressed
communities, too.
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Supplier Diversity
and Economic Development
by Fred McKinney, Ph.D., Connecticut
Minority Supplier Development Council
Companies that use minority suppliers are learning that
doing so benefits the bottom line. At the same time, community
groups are seeing just how much the success of local businesses
can help neighborhoods.
Mapping
New England
by Ricardo Borgos, Federal
Reserve Bank of Boston
According to the U.S. Census Bureau's 2005 American
Community Survey, 35.5 percent of the population 25
years and older in southern New England counties have
a bachelor's degree or higher. Nationwide the percentage
is 27.2.
A New Approach
to Public Housing
by Josh Meehan and Brandy Curtis,
Cambridge Housing Authority
Since 1996, a federal demonstration project called Moving
to Work has shown that if public housing agencies are
permitted to merge funds from various programs and are
exempted from most regulations, they can administer
housing programs better.
Reasons for Optimism
by Cathy E. Minehan, President,
Federal Reserve Bank of Boston
President Minehan delivered these remarks during the
July convening of the Bank's Community Development Advisory
Council in Haverhill, Massachusetts. Council members
are selected from each New England state for their expertise
in local community development issues.
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