Our new analysis found lending disparities grew in the Chicago region in 2020. Overall, we found, loan volume increased mostly due to refinance loans. Research Associate Natalie Cheng led our presentation on findings and demonstrated the latest iteration of...
Each year we analyze home and small business lending data for Chicago and the metro region and share it on our Data Portal. In 2020, we found that lending disparities grew in the Chicago region, while overall loan volume...
Join banking, regulatory, legal, fair housing, advocacy and policy experts for a conversation on the community-lender discussions spurred by CRA requirements around mergers and the agreements that often come from these conversations.
On February 23, Janice Guzon and Horacio Mendez led a presentation highlighting the new capacities of our online data portal.
People in Chicago's 77 community areas and across the 7-county Chicagoland region rely on our Fact Book and Data Portal to track their neighborhood's financial health. Please join us from noon to 1 p.m. on Wednesday, February 16...
Woodstock Institute is pleased to share the Chicago Area Community Lending Fact Book 2019 Data Edition, continuing a series begun in 1986 as part of our mission to analyze and disseminate data on access to loans and financial opportunity...
Two federal laws, the Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA), passed in the 1970s after a national grassroots advocacy campaign that uncovered examples of redlining – refusal to loan in a community due to bankers’...
People use the Community Lending Fact Book and companion Data Portal to monitor and manage lending activity and ensure each neighborhood can access affordable and responsible credit to help create and maintain a healthy economy.
CRA reform efforts must address the fact that federal regulators have rated 95% of banks Satisfactory or better even though data show fewer regulated lenders meeting the law's goals.
The City of Chicago’s HomeMod Program provides home modifications for low- and moderate-income people under the age of 60 who have disabilities. With funding from the Department of Housing and Urban Development, Woodstock evaluated the program to determine whether...