2012 Federal Reserve Bank of Cleveland Policy Summit on Housing, Human Capital, and Inequality
June 28-29, 2012
InterContinental Cleveland Hotel, Cleveland, Ohio
The 10th annual Cleveland Fed Policy Summit focused on effective strategies to strengthen and rebuild communities. With neighborhoods and entire regions struggling to regain their footing in the wake of a housing crisis and economic recession, now is a critical time to implement rebuilding strategies that work. What are the most effective strategies, particularly in older industrial cities and the weaker-market regions that surround them? How is the impact of programs best measured? And where should community leaders direct ever-scarcer funds to gain the greatest effect?
This year's conference featured Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto as the opening keynote speaker. In 2012, President Pianalto again became a voting member of the Federal Open Market Committee.
Award-winning journalist Alex Kotlowitz provided a closing keynote address. Kotlowitz, author of New York Times best-seller "There Are No Children Here" and the 2011 documentary "The Interrupters," shared his insights on addressing critical challenges that face our nation's most disadvantaged people.
Attendees included elected officials, researchers, practitioners, bankers, funders, and policymakers from across the Midwest to discuss the latest research on and promising practices in economic policy and development in low- and moderate-income communities including:
- Analyses of programs and policies focused on current conditions in labor and housing markets
- Education policy
- Financial and human capital asset building
- Labor and housing issues in older industrial cities
- Long-term unemployment
- Loss-mitigation strategies for borrowers
- Low-income housing
- Program implementation, evaluation, and scalability
- Reduced local government and community development budgets
- Workforce development
Sponsored by the Federal Reserve Bank of Cleveland's Research and Community Development Departments