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Registration Opens for Reinventing Older Communities Conference

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Contact: Katherine Dibling, E-mail Public Affairs Specialist, (215) 574-4119

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The Federal Reserve Bank of Philadelphia’s Community Development Studies and Education Department today announced plans for Reinventing Older Communities: Building Resilient Cities, a national conference that will be held Wednesday, May 9, to Friday, May 11, 2012, at the Hyatt Regency Philadelphia at Penn’s Landing. Registration is now open.

The Reinventing Older Communities conference will focus on building resilient cities, with a particular emphasis on smaller cities that were once manufacturing centers. The Bank and its co-sponsors expect more than 400 community developers, advocates, and planners; government leaders; bankers; researchers; and foundation representatives to attend.

“We think the theme of this year’s conference, building resilient cities, will make for important and engaging discussions that you won’t want to miss,” said Milissa M. Tadeo, senior vice president, Corporate Affairs. “You will hear from some of the most influential leaders in the community development industry. These leaders will consider ways in which cities can create new economic activity and spur innovation.”

Philadelphia Fed President and CEO Charles I. Plosser and Jeremy Nowak, president and CEO of the William Penn Foundation and chairman of the Philadelphia Fed’s board of directors, will open the conference. To close the event, a panel of mayors from around the country will share their first-hand experiences and successful strategies for building resilient cities.

In addition, participants will have the opportunity to take part in lively discussions during the many concurrent sessions. Speakers will explore pressing issues such as how urban demographics are changing and how local governments are managing the fiscal crisis. They will also look at how new and proposed regulations will benefit consumers and communities and how foundations are adopting new strategies as the economic recovery continues. Still other sessions will focus on:

  • Strategies to build a job-ready workforce and a strong small business sector,
  • Successful urban school reforms and foreclosure prevention programs,
  • New uses for brownfields and vacant land,
  • Environmental sustainability initiatives,
  • The role of anchor institutions in economic revitalization, and
  • The economic inclusion of immigrants.

Co-sponsors include the Federal Reserve Banks of Boston, Chicago, Cleveland, New York, Richmond, and St. Louis; the William Penn Foundation; the Penn Institute for Urban Research; the Ford Foundation; the U.S. Department of Housing and Urban Development’s Office of Policy Development and Research; and the FHLBank Pittsburgh.

Get updates on the agenda and speakers on our twitter account: @philfedcomdev. Twitter

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. It is one of the 12 regional 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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