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Philadelphia Fed Hopes Conference Will Inspire Community Developers

For release: Tuesday, February 7, 2006
Contact: Katherine Dibling at (215) 574-4119

Philadelphia, Pa. - Why are some older cities and towns flourishing while others lie dormant? Leaders in rebuilding older cities and towns will share what works and what doesn’t at Reinventing Older Communities:  People, Places, Markets, a conference to be held April 5-7, 2006, at the Hyatt Regency Philadelphia at Penn’s Landing.

“Many of the local and regional leaders who have done groundbreaking work in reinventing cities will be assembled here. We are confident that their insights will enable others to tackle rebuilding challenges with renewed vigor,” said Dede Myers, vice president and community affairs officer of the Federal Reserve Bank of Philadelphia.

The leaders will address issues related to community organizing, displacement, eminent domain, foreclosures, greening strategies, health, homelessness, rural areas, schools, arts, transit, waterfront development, zoning, and brownfields. Many of these issues are explored in the latest issue of Cascade, a Community Affairs publication. Highlights include:

  • A panel of experts analyzing the impact of the U.S. Supreme Court’s Kelo decision, which upheld the right of local governments to take private property for economic development purposes
  • Lessons from planning efforts to rebuild New Orleans post-Katrina
  • Governors and mayors who lead rebuilding efforts in older cities and towns

Media are invited to attend the conference. For media registration, contact Katherine Dibling. For all other registrations or for more information, see the invitation and agenda.

Co-sponsors include The Brookings Institution, William Penn Foundation, The Reinvestment Fund, Delaware Valley Regional Planning Commission, Federal Home Loan Bank of Pittsburgh, Housing Alliance of Pennsylvania, Local Initiatives Support Corporation, Pennsylvania Planning Association, PolicyLink, Smart Growth America, 10,000 Friends of Pennsylvania, and the Federal Reserve Banks of Atlanta, Chicago, Cleveland, Richmond, and St. Louis.

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. One of the 12 regional Federal Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.

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Media Contacts

Marilyn Wimp, ABC E-mail
Manager of Media Relations
(215) 574-4197
(267) 254-4555 (cell)

Daneil Mazone E-mail
Media Relations Representative
(215) 574-7163
(267) 535-1808 (cell)