Vision During Crisis: Reinventing Neighborhood Revitalization
Thursday, March 1, 2012
Federal Reserve Bank of San Francisco, Los Angeles Branch
950 So. Grand Ave.
Los Angeles, CA 90015
Melody Nava, Regional Manager
Federal Reserve Bank of San Francisco
Sponsored by the Federal Reserve Bank of San Francisco, the U.S. Department of Housing and Urban Development and the University of Southern California
There is a historic convergence of funding threats to federal, state and local jurisdictions at a time when communities have the greatest need. A strategic response is required. This meeting is a call to action for principal stakeholders to create new approaches to neighborhood revitalization based on stabilizing the single-family foreclosure crisis. The goal is to create a catalyst for job creation and the development of sustainable practices. The U.S. Department of Housing and Urban Development, Federal Reserve Bank of San Francisco and the University of Southern California Center for Economic Development invite participants to reflect upon and define the new paradigm for neighborhood revitalization. The focus of this discussion will be rethinking the disposition policies of REO’s and the roles and priorities of traditional and non-traditional funding mechanisms.