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The secondary market for community development loans

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Proceedings of the Conference on the Secondary Market for Community Development Loans. At the Federal Reserve’s September conference in Washington, D.C., one participant remarked, “There are lakes of capital and lakes of need.” How to channel one to the other was the central question we wrestled with at the two-day conference. This article attempts to capture the major themes and ideas from those discussions. It starts with an overview, then explores why community development finance needs to evolve, and concludes with strategies to achieve next steps.

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  • Erickson, David J., 2006. "The secondary market for community development loans," Community Development Investment Review, Federal Reserve Bank of San Francisco, issue 2, pages 08-23.
  • Handle: RePEc:fip:fedfcr:y:2006:p:8-23:n:v.2no.2
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    File URL: http://www.frbsf.org/publications/community/review/112006/erickson.pdf
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    Keywords

    Community development; Loans; Secondary markets;

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