Federal Reserve Bank of San Francisco, Los Angeles Branch
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 was 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 invited participants to reflect upon and define the new paradigm for neighborhood revitalization. The focus of this discussion was rethinking the disposition policies of REO’s and the roles and priorities of traditional and non-traditional funding mechanisms.
Event Contact:
Melody Nava, Regional Manager
Community Development, Southern California
Federal Reserve Bank of San Francisco
213-725-3726
Presentations
Mercedes Marquez, Asst. Secretary for Community Planning & Development
U.S. Dept. of Housing & Urban Development
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Leonard Mitchell, Director, USC Center for Economic Development,
Sol Price School of Public Policy, University of Southern California
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David Erickson, Director, Center for Community Development Investments
Federal Reserve Bank of San Francisco
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PDF of the Presentation
Jim Park, Founder and Co-Chief Executive Officer
New Vista Asset Management
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PDF of the Presentation
James Kennedy, Interim Executive Director
California Redevelopment Association
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Ralph Lippman, Executive Director
California Community Economic Development Association
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Imran Farooq, Associate
USC Center for Economic Development
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PDF of the Presentation
Jim Gray, Manager, Counterparty & Portfolio
Office of Housing and Regulatory Policy, Federal Housing Finance Agency
PDF of the Presentation