Community Investment Explorer Database
The Community Development department at the Federal Reserve Bank of St. Louis recently launched the Community Investment Explorer (CIE), an online, customizable database with more than 460,000 housing development transactions involving Community Development Financial Institution (CDFI), New Markets Tax Credit (NMTC) and Low Income Housing Tax Credit (LIHTC) programs between 1987 and 2015.
This is the first time that transaction-level data from three of the primary programs that drive investment into low-and moderate income (LMI) communities have been consolidated and made available to help principles better analyze and compare projects geographically and identify trends over time.
Collectively, these initiatives are responsible for several billion dollars of investment into LMI communities each year. The investments support a range of activities, from affordable housing to commercial real estate development, consumer and business lending, and more.