This story appeared in Bank Digest.
“[H]ousing alone is not sufficient to create sustainable and economically resilient communities,” stated Fed Governor Elizabeth A. Duke in remarks before the Community Stabilization Symposium, NeighborWorks Training Institute, National Harbor, Md., on Dec. 9, 2009. According to Duke, the Fed “is committed to continuing to identify ways in which our strengths as a research institution, combined with our network of Community Affairs outreach staff, can be leveraged to help communities recover from high numbers of foreclosures and related economic impacts.”