St. Louis Fed To Host Week of “Exploring Innovation in Community Development”

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Professionals from around the region will explore the latest community development trends and initiatives during the St. Louis Fed’s annual “Exploring Innovation in Community Development" week beginning the week of April 19. Attendees will also be the first to get the scoop on a new St. Louis Fed initiative, “The 10,000-Hour Challenge.”

Exploring Innovation in Community Development Week

Professionals from around the region will explore the latest community development trends and initiatives during the St. Louis Fed’s annual “Exploring Innovation in Community Development Week” beginning the week of April 19. Attendees will also be the first to get the scoop on a new St. Louis Fed initiative, “The 10,000-Hour Challenge.”

As part of this year’s program, “New Voices, Fresh Ideas—The Future of Community Development,” the St. Louis Fed will host several events and discussions at its St. Louis headquarters, as well as its branch locations in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn. Registration is now available for all events on the St. Louis Fed's Exploring Innovation web site.

“Our 'Exploring Innovation' sessions are designed to promote the development of innovative, breakthrough ideas that help communities, regions and states address persistent social conditions and economic issues,” said Glenda Wilson, assistant vice president, St. Louis Fed Community Affairs.

Tuesday, April 20 | St. Louis and all branches
The week officially kicks off April 20 with a dialogue featuring a panel of national and local community development leaders on the topic of “Restructuring and Retooling for the Future." The dialogue is the first of a policy series that will continue through 2010.

The program begins at 9:30 a.m. CT (10:30 a.m. ET) in the St. Louis Fed’s Gateway Conference Center. It will also be available as a live videoconference in each of the Bank’s branch cities. Lunch and on-site discussions will follow with local experts and organizations at each location.

Panel participants will include Ray Boshara, vice president and senior research fellow at the New America Foundation, Washington, D.C.; Gary Logan, president of Synago Consulting, Kansas City, Mo.; and Ruth McCambridge, of The Nonprofit Quarterly, Boston, Mass.

“The purpose of the series is to convene thought-leaders to rethink the future of community development,” Wilson said.

Attendees participating in the April 20 program will also be the first to hear the details of the Fed’s new “The 10,000-Hour Challenge,” which will officially be announced that day. They will also be able to start the challenge on site via special kiosks that will be set up at each location.

Wednesday, April 21 | St. Louis and all branches
Wednesday’s session will feature a special screening of “The New Neighbors,” a documentary of how one town created an integrated suburb. Facilitated discussions will follow the screenings at each of the Bank’s locations. Time: 11:30 a.m. - 1:30 p.m. at all locations. Lunch will be provided.

Thursday, April 22 | Louisville
The Louisville Branch is partnering with the Center for Nonprofit Excellence, the University of Louisville's Nonprofit Innovation Center, Metro United Way and the Paul Ogle Foundation to present the Greater Louisville Nonprofit Technology Summit at Kye’s in Jeffersonville, Ind., from 8 a.m. - 10:15 a.m. ET. John Hrusovsky, CEO of the Groundwork group, will speak about his team's technology work with the nonprofit community.

Friday, April 23 | St. Louis
The St. Louis Fed, the University of Missouri-St. Louis and the East-West Gateway Council of Governments will sponsor the St. Louis Regional Housing Conference, which will be held at the Bank’s Gateway Conference Center from 8:30 a.m. - 5 p.m., with a reception and dialogue to follow.

For more information, or to register for one or more events, see the St. Louis Fed's Exploring Innovation web site.

With branches in Little Rock, Louisville and Memphis, the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, eastern Missouri, southern Indiana, southern Illinois, western Kentucky, western Tennessee and northern Mississippi. The St. Louis Fed is one of 12 regional Reserve banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, provides payment services to financial institutions and the U.S. government, and promotes community development and financial education.

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