Fact Sheet Tracking the Unequal Distribution of Community Development Funding in the US
Brett Theodos, Eric Hangen
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There are clear winners and losers in the competition to attract community development capital, including resources coming from the federal government, with some areas drawing more capital than others, even after adjusting for relative needs. Using our recently developed tool, Community Development Financial Flows, we  measured flows of federally sponsored or incentivized community development capital to all US counties with more than 50,000 residents. We found that large counties received disproportionately more funding than small counties, and that the level of distress a county experiences does not directly relate to level of funding.

Research Areas Economic mobility and inequality Wealth and financial well-being Neighborhoods, cities, and metros Taxes and budgets Housing
Tags Capital flows Federal urban policies Multifamily finance Single-family finance Financial products and services Public and private investment Federal budget and economy Community and economic development Finance Community development finance and CDFIs
Policy Centers Metropolitan Housing and Communities Policy Center