Contact Info

t. 216.2903

f. 216.579.2122

lisa.a.nelson@clev.frb.org

To arrange an interview with this analyst, contact our media coordinator at 216.774.2514 or anne.m.diteodoro@clev.frb.org.

Lisa Nelson |

Senior Policy Analyst

Lisa Nelson, Senior Policy Analyst

Lisa Nelson is senior policy analyst for the Community Development team at the Federal Reserve Bank of Cleveland. In this role, she performs data analysis, conducts applied research, and authors reports on her findings, with a particular emphasis on policy implications. The focus of Ms. Nelson’s work is a broad range of community development issues affecting low- and moderate-income communities. Her applied research is conducted in conjunction with Community Development colleagues and Cleveland Fed economists.

Before joining the bank, Ms. Nelson served as associate director for community information at the Center on Urban Poverty and Social Change at Case Western Reserve University.

Ms. Nelson holds a bachelor’s degree in political science from the University of Tennessee and a master’s degree in public administration from the Maxine Goodman Levin College of Urban Affairs at Cleveland State University.

  • Fed Publications
  • Work in Progress
Title Date Publication Author(s) Type

 

 January, 2012 Federal Reserve Bank of Cleveland, working paper no. 12-03 ; Ozgur Emre Ergungor; Working Papers
Abstract: Legislation aimed at stabilizing housing markets since the recession has focused on providing funding to acquire and remediate foreclosed and abandoned homes or providing financial assistance and incentives to purchase homes. Cuyahoga County has received over $100 million in such funds since 2008. We investigate the impact of these funds on vacancy rates. We examine neighborhoods in Cuyahoga County where National Stabilization Program dollars were spent and find that the program helped reduce vacancies in neighborhoods where properties were primarily purchased for consumption purposes.
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 October, 2010 A Look Behind the Numbers ; Francisca G-C Richter; A Look Behind the Numbers
Abstract: While relatively few delinquent loans in Ohio are being modified, recent modifications appear to be more successful than past ones. Still, the small percentage of seriously delinquent loans being modified in Ohio, coupled with declining self-recovery rates, suggests that current policy efforts have not been able to effectively cope with the foreclosure crisis to date.
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 March, 2009 A Look Behind the Numbers ; A Look Behind the Numbers
Abstract: Our examination of CRA lending in the Fourth District found that, similar to findings at the national level, CRA-regulated institutions provided a relatively small share of all loans within the district and an even smaller percentage of the riskier high-cost loans. But we also found some intriguing differences. When we narrowed our focus to particular counties in our district, we saw that the extent of high-cost lending by independent mortgage companies was much greater in the two Ohio counties we examined than in Pennsylvania's Allegheny County.
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 November, 2008 A Look Behind the Numbers ; A Look Behind the Numbers
Abstract: This is the second report in a series that looks at the geographic distribution of foreclosures in counties located within the Federal Reserve's Fourth District. In this report we focus on Allegheny County, home to the city of Pittsburgh. While it appears that foreclosures have not cut as devastating a path through this county as through some others in the District, such as Cuyahoga County, Ohio, the subject of our initial report, they are nevertheless a problem.
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 August, 2008 A Look Behind the Numbers ; A Look Behind the Numbers
Abstract: Northeast Ohio’s Cuyahoga County, home to the city of Cleveland, has been called the epicenter of the nation’s foreclosure crisis. While effects of the crisis are being felt in regions across the country, Cuyahoga County has consistently been listed at or near the top of areas hit hardest by foreclosure. Why?
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Title Date Publication Author(s) Type
The Impact of Local Ordinances on Housing and Housing Finance

 

 October, 2011 ; Thomas J Fitzpatrick IV; Francisca G-C Richter; Unpublished manuscript
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