Foreclosures, Homeownership, Neighborhood Revitalization Focus of Cleveland Fed Forum

Foreclosures, homeownership, and neighborhood revitalization ... those are just some of the issues that will be discussed at the Cleveland Fed’s upcoming Policy Summit on June 10, 2009.

Join local and national experts for lively discussions on modifying – or replacing – Community Reinvestment Act (CRA) legislation; finding alternatives to homeownership for low- to moderate-income individuals/families; and rebuilding communities that have been hit hard by job loss, population decline, and foreclosures.

Special guests include: Elizabeth Duke, a member of the Federal Reserve's Board of Governors, who will give the keynote address; and Raphael Bostic, President Obama's nominee for Assistant Secretary for Policy Development and Research at the Department of Housing and Urban Development, who will participate in a panel discussion on stabilizing the housing market.

Who: Government officials, bankers, community and economic development practitioners, researchers, regulators, and academics

What: Federal Reserve Bank of Cleveland’s Community Development Policy Summit

Where: Crowne Plaza Hotel, 777 St. Clair Avenue, Cleveland, Ohio

When: June 10, 2009, 9 a.m. – 4:30 p.m.

Registration Fee: $50/person; $35/person for members of nonprofit organizations. Deadline for registration is June 4, 2009. (Members of the media are admitted for free, but must register in advance by calling/emailing Anne M. DiTeodoro at 216.774.2514 or anne.m.diteodoro@clev.frb.org)

Info: www.clevelandfed.org/2009policysummit or 1.800.433.1035