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Federal Reserve Bank of Richmond to Host Community Development Forum In Asheville, N.C.

    RICHMOND, Va., May 6 /PRNewswire/ -- The Federal Reserve Bank of
Richmond's Community Affairs Office will host a "Capitalizing on Community
Development Connections" forum in Asheville, N.C., on May 15, 2002. The public
forum will be held at the Doubletree Biltmore Hotel located at 115
Hendersonville Road.
    During the day's events, the Fed's Community Affairs staff will present
its study findings, Community Investment Opportunities in the Asheville, North
Carolina Metropolitan Statistical Area. Federal Reserve Research Officer Ray
Owens will provide an economic snapshot of the region and the nation. Regional
experts will lead a forum discussion on housing and economic opportunity for
low-income individuals and strategies on the topics of affordability and
development, job creation, and manufactured housing.

    Forum highlights include:
    *  Constance Stancil, executive director of the North Carolina Low Income
       Housing Coalition, will present Out of Reach: The Gap Between Housing
       Cost and the Income of Poor People in the United States.
    *  Phil Black, executive director of People, Inc., will introduce a new
       initiative to expand businesses and create higher wage jobs in
       southwestern Virginia.
    *  Bernie Tetreault, president of Innovative Housing Strategies, will
       speak on Maryland legislation requiring developers to build a
       percentage of low-income housing in each development.
    *  Steve Zamaria, executive director at the Manufactured Housing
       Institute, will lead a discussion on manufactured housing and address
       its benefits.
    *  Dr. Julia Beamish and Dr. Rosemary Goss of the Virginia Polytechnic
       Institute will present their study, Not a Trailer Anymore: Perceptions
       of Manufactured Housing.

    Registration is free and lunch will be served; conference hours are 8:30
a.m. to 3 p.m. Contact Bonnie Falls at 804-697-8114 to register. For
additional information about the forum, contact Michele Marshall at
804-697-8778.

    Federal Reserve Bank of Richmond news releases can be found at
http://www.rich.frb.org .



SOURCE Federal Reserve Bank of Richmond




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Related links:
  • http://www.rich.frb.org
    CONTACT:
    Michele Marshall, +1-804-697-8778, or Lisa
    Oliva, +1-804-697-8192, both of the Federal Reserve Bank of
    Richmond