CDFI Fund’s Priority Points, FDIC Bank Failures Added

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November 2010

CDFI Fund’s Priority Points, FDIC Bank Failures now on PolicyMap

Priority Points: The CDFI Fund announced earlier this month that their scoring of applications for FY 2011 funds will rely on a new priority point system based on a county’s extent of distress. PolicyMap now has these scores, ranging from 0 for the lowest distress to 5 for the greatest distress. You can find this and the underlying measures in the Federal Guidelines tab. Check out the map of your community while preparing your application!

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At the request of the Federal Reserve Bank, we’ve also loaded in Bank Failures from 2000 to the present from the FDIC. We update these bank locations on a weekly basis. Access these for free in the Add Sites menu under “Bank Failures”.

Our recent update to the IRS Statistics of Income data on PolicyMap included adding a few interesting new indicators in 2007, such as the percent of returns with Unemployment Compensation and returns with mortgage interest reported. Find these and other tax-related data in the Money & Income tab. Our subscribers can check out the updated and improved IRS Report, as well.

In other news…

The supermarket access study TRF conducted for the Brookings Institution is now highlighted on their site. Check out the video from Alan Berube, Senior Fellow and Research Director of the Metropolitan Policy Program at Brookings (Getting to Market: Supermarket Access in Lower-Income Areas). The analysis is also available on PolicyMap and the ability to download the widget and share on your own website.

Map of Baltimore showing Low Access Areas against the estimated percentage of families that live in poverty.

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Map of the San Francisco area showing Low Access Areas with the access score for the area. Access scores are the degree to which a low/moderate-income community’s residents are underserved by supermarkets.

Map of Cleveland showing Low Access Areas against the estimated population above the age of 65.

Coming soon!

Yesterday HUD released the NSP 3 documents describing the NSP 3 formula methodology for grantees submitting action plans substantial amendments or abbreviated plans. We’ll have the foreclosure risk score, LMMI area benefit, address vacancy and other block group data in the Federal Guidelines tab in the next week or so.

And the 2009 Home Mortgage Disclosure Act (HMDA) data has been released, which you should see on PolicyMap soon, too!

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