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2017 Policy Summit on Housing, Human Capital, and Inequality


What

2017 Policy Summit on Housing, Human Capital, and Inequality

When

Thursday–Friday, June 22–23, 2017

Where

Cleveland, Ohio

Research Sessions

Practitioner Sessions



Thursday, June 22, 2017

11:30 am–1:00 pm Opening Address – Keynote Speaker: J.D. Vance

1:00–2:30 pm Plenary 1: Industrial Heartland: Rust and Renewal

This session will be live streamed

In this opening plenary, experts discuss the economic performance of the nation’s industrial heartland—a region that stretches from upstate New York to southwestern Wisconsin and includes many of the metro areas that are bordered by the Great Lakes to the north and the Ohio River to the south. Two challenging periods of manufacturing job loss, from 1977 to 1983 and from 2000 to 2010, altered economic developments in our region, and the loss of these jobs should be considered when evaluating the region’s current economic performance. This session examines trends in the region, along with practitioner perspectives of how these trends can inform economic and community development programs.

Moderator:
Mark Schweitzer, Senior Vice President, Federal Reserve Bank of Cleveland (presentation , “Manufacturing Employment Losses and the Economic Performance of the Industrial Heartland” )

Speakers:
Roland Anglin, Dean and Professor, Cleveland State University Maxine Goodman Levin College of Urban Affairs (presentation )
Sean Safford, Director, Master of Public Affairs Program and Associate Professor, Sciences Po (presentation )
Rolf Pendall, Codirector, Metropolitan Housing and Communities Policy Center, Urban Institute (presentation )

2:40–4:10 pm Concurrent Session A

A1Welfare Programs and Poverty

This session examines how federal welfare programs affect low- and moderate-income individuals and families and how the resulting effects have changed over time. The session includes historical context for government welfare programs and explores such programs’ effects on the people they serve. Government programs include Temporary Assistance for Needy Families (TANF) and the Earned Income Tax Credit (EITC). Outcomes under discussion include those regarding consumption expenditure, inter-generational transmission of welfare, and educational attainment.

Moderator:
Mary Zaki, Assistant Professor, University of Maryland

Speakers:
Leslie McGranahan, Senior Economist and Research Advisor, Federal Reserve Bank of Chicago (presentation )
Jim Ziliak, Gatton Endowed Chair in Microeconomics, University of Kentucky; Director, Center for Poverty Research, University of Kentucky; Executive Director, Kentucky Federal Statistical Research Data Center (presentation )
Chloe Gibbs, Assistant Professor, University of Notre Dame (presentation )

A2Entrepreneurship and the Industrial Heartland

Research suggests entrepreneurship can be an important determinant of economic growth, particularly in lagging or declining areas. This session explores the relationship between entrepreneurship and local economic activity, the potentially adverse effects of regulatory policy on entrepreneurship, and the new ways researchers are measuring entrepreneurship and business formation.

Moderator:
Rubén Hernández-Murillo, Senior Policy Economist, Federal Reserve Bank of Cleveland

Speakers:
Emin Dinlersoz, Principal Economist, Center for Economic Studies, US Census Bureau (presentation )
Mark Partridge, C. William Swank Chair of Rural-Urban Policy and Professor, The Ohio State University
Stephanie Johnson, PhD Candidate, Northwestern University (presentation )

A3The Opioid Crisis

This session aims to provide background information on how and why states in the Fourth Federal Reserve District are currently experiencing an opioid crisis. Practitioners discuss the over-prescription of opioids, examine the epidemiological roots of the crisis, and estimate the economic impact and societal costs of opioid abuse. A discussion of the range of policy actions that are currently underway to address the crisis concludes the session.

Moderator:
Kyle Fee, Regional Community Development Advisor, Federal Reserve Bank of Cleveland

Speakers:
Orman Hall, Public Health Analyst, Ohio High Intensity Drug Trafficking Area (presentation )
Andrea Boxill, Deputy Director, Governor’s Cabinet Opiate Action Team (presentation )
Rahul Gupta, West Virginia State Health Officer; Commissioner, West Virginia Department of Health and Human Resources Bureau for Public Health (presentation )
William M. Denihan, CEO of the Alcohol, Drug Addiction, and Mental Health Services Board of Cuyahoga County

A4Economic Inclusion and Anchor Institutions

Anchor institutions such as hospitals and universities are increasingly considered significant drivers of economic inclusion in the communities in which they are located. Through targeted investments and engaged collaboration, these institutions are playing critical roles in improving the health and well-being of residents in communities they serve. This session explores a number of anchor-involved initiatives that address job training and housing, obesity and hunger, and nonprofit capacity.

Moderator:
David Zuckerman, Manager, The Democracy Collaborative (presentation )

Speakers:
Kathy Hexter, Director, Center for Community Planning and Development, Cleveland State University Maxine Goodman Levin College of Urban Affairs (presentation )
Sameera Fazili, Senior Community and Economic Development Visiting Adviser, Federal Reserve Bank of Atlanta (presentation )
Kate Sommerfeld, Corporate Director, ProMedica (presentation )

4:15–5:45 pm Concurrent Session B

B1Challenges to Health in Urban and Rural Areas

Recent research suggests health outcomes diverge greatly across the country. Parts of Appalachia have seen survival rates from cancers and chronic illnesses stagnate, for example, while other parts of the country have seen steady improvements. Sharp disparities in health also exist throughout urban areas. This session considers the role that factors such as affordability, behavior, environment, and lack of access play in driving these disparities.

Moderator:
Hal Martin, Policy Economist, Federal Reserve Bank of Cleveland

Speakers:
Randy Wykoff, Dean and Professor, East Tennessee State University College of Public Health (presentation )
Benjamin Ukert, Postdoctoral Researcher, University of Pennsylvania (presentation )
Nengliang (Aaron) Yao, Assistant Professor, University of Virginia School of Medicine (presentation )

B2The Impacts of the Community Reinvestment Act on Residential Lending

How does the Community Reinvestment Act affect lending in low- and moderate-income communities? Was the CRA responsible for high rates of default that led to the housing crisis? Researchers in this session use changes in CRA boundaries to answer these questions.

Moderator:
O. Emre Ergungor, Senior Economic Advisor, Federal Reserve Bank of Cleveland

Speakers:
Lei Ding, Economic Advisor, Federal Reserve Bank of Philadelphia (presentation )
Hyojung Lee, PhD Candidate, University of Southern California (presentation )
Daniel Ringo, Economist, Board of Governors of the Federal Reserve System (presentation , paper )

B3The Role and Impact of Philanthropy in Connecting Growth and Opportunity

Place-based funders play the roles of motivators, managers, and stewards of efforts to connect the economic growth of a community with equitable economic opportunity for its residents. This session highlights efforts to study and advance this dynamic from the perspectives of both funders and civic and municipal leaders. Panelists discuss the current impact of philanthropic dollars in communities and insights into how those dollars can be effectively deployed, particularly in smaller, older cities.

Moderator:
Alicia Kitsuse, Director of Older Industrial Cities Program, Funders’ Network for Smart Growth and Livable Communities

Speakers:
Will Lambe, Senior Community and Economic Development Advisor, Federal Reserve Bank of Atlanta (presentation )
Susan Longworth, Senior Business Economist, Federal Reserve Bank of Chicago (presentation )
Carolyn Saxton, President and CEO, Legacy Foundation (presentation )

B4Putting People to Work in High-Demand, High-Growth Sectors

Sector strategies and career pathways have been shown to effectively link jobseekers with in-demand occupations. In this session, panelists discuss successful models that link unemployed and underemployed workers to in-demand jobs with opportunities for advancement.

Moderator:
Stefani Pashman, CEO, Partner4Work

Speakers:
Jill Rizika, Executive Director, Towards Employment (presentation )
Debbi Perkul, Senior Workforce Development Strategist, University Hospitals (presentation )
Sheila Ireland, Vice President of Workforce Solutions, University City District (presentation )

5:45–7:00 pm Reception

Friday, June 23, 2017

8:00–9:00 am Breakfast Panel – Storytelling through Creative Expression

This session will be live streamed

Storytelling through creative expression—including the written word, oral traditions, and visual arts—is an affirming and potentially powerful change agent for individuals and communities. Featuring innovative programs from throughout the US that use art to engage multicultural groups, urban youth, and other under-tapped voices in civic life and discourse, this session explores ways to capture the narrative fabric of people and place.

Moderator:
Dan Moulthrop, CEO, The City Club of Cleveland

Speakers:
Jennifer Ransom, Manager, Federal Reserve Bank of Cleveland (presentation )
Jane Golden, Executive Director, Mural Arts Philadelphia (presentation )
Gretchen Musicant, Health Commissioner, Minneapolis Health Department (video )

9:00–10:30 am Plenary 2: Race and Inequality across Systems: Criminal Justice, Education, and Implications for Economic Opportunity

This session will be live streamed

Structural barriers to opportunity often plague residents of high-poverty, racially segregated neighborhoods—via low-performing schools, deteriorating physical environments, crime, aggressive policing, and inadequate resources—leaving individuals disconnected from local economies and contributing to an array of well-documented negative outcomes. This plenary discusses these critical issues and the roles researchers, practitioners, and policymakers may play in reducing barriers and creating opportunities for economic stability and success.

Moderator:
Douglas A. Blackmon, Senior Fellow and host of American Forum, University of Virginia Miller Center

Speakers:
Elizabeth Oltmans Ananat, Associate Professor, Duke University
Derrick Darby, Professor, University of Michigan
Mark Singer, Leonard W. Mayo Professor, Case Western Reserve University

10:40 am–12:10 pm Concurrent Session C

C1Municipalities with Falling Revenues

With federal and state budgets under continued pressure and with growing pension obligations, many municipalities are facing challenging fiscal situations. This session explores how municipal governments respond to falling revenues and other fiscal crises, the consequences of those responses and of the fiscal crises themselves, and recommendations for how governments could respond.

Moderator:
Lee Fisher, Dean, Cleveland State University Cleveland-Marshall College of Law

Speakers:
Howard Chernick, Professor, Hunter College – CUNY (presentation )
William F. Fox, Chancellor’s Professor, Boyd Distinguished Professor of Business, Director of the Boyd Center for Business and Economic Research, University of Tennessee (presentation )
Mark Skidmore, Professor, Michigan State University (presentation )

C2Housing Subsidies and Child Outcomes

Residents of low- and moderate-income communities are often unable to secure high-quality housing that provides access to public amenities. These constraints impact the welfare of entire households. This session considers the positive effects housing subsidies can have on the welfare of household members—particularly children—and includes health, education, and lifetime earnings outcomes.

Moderator:
Dionissi Aliprantis, Research Economist, Federal Reserve Bank of Cleveland

Speakers:
Eric Chyn, Assistant Professor, University of Virginia (presentation )
Daniel Hartley, Policy Economist, Federal Reserve Bank of Chicago (presentation )
Keren Horn, Assistant Professor, University of Massachusetts Boston (presentation )

C3Fintech Lenders and Their Potential to Reach Underserved Women- and Minority-Owned Small Businesses

This session examines access to credit for women- and minority-owned small firms and considers whether and how gaps in access might be addressed by nonbank alternative “fintech” lenders. Panelists explore issues concerning credit availability, the appeal of fintech lenders, and potential concerns associated with fintech financing.

Moderator:
Barbara Lipman, Project Manager, Federal Reserve Board of Governors (presentation )

Speakers:
Joyce Klein, Director, The Aspen Institute (presentation )
Carrie Rosenfelt, Executive Director, Economic & Community Development Institute (presentation )
Ingrid Gorman, Research Director, Association for Enterprise Opportunity (presentation )

C4Regional Food Systems

This session explores the impact of regional food systems on local economies and residents alike. Presenters provide an overview of local food and regional food systems—including their evolution and what’s driving their growth—as well as economic impact of investing in food systems. The session focuses on how those findings apply to policy and shares promising practices based on experiences across the country.

Moderator:
Andrew Dumont, Senior Community Development Analyst, Federal Reserve Board of Governors

Speakers:
Debra Tropp, Deputy Director, USDA Agricultural Marketing Service (presentation )
Becca Jablonski, Assistant Professor and Food Systems Extension Economist, Colorado State University (presentation )
Bill McKinney, Director of Research and Evaluation, The Food Trust (presentation )

12:15–1:30 pm Closing Address – Keynote Speaker: Loretta J. Mester

Read the speech: “The Federal Reserve System and Community Development: The Why, The How, and The What”

This session will be live streamed


Sponsored by the Federal Reserve Bank of Cleveland in partnership with the Federal Reserve Banks of Philadelphia and Minneapolis.

Federal Reserve Bank of Minneapolis Federal Reserve Bank of Philadelphia Federal Reserve Bank of Cleveland