May 9-11, 2011 | St. Louis, Mo.

Detailed Session Listings

8:30-9:30 a.m.

General Session

Opening Keynote:

Elizabeth A. Duke, Board of Governors of the Federal Reserve System
(read bio)

9:45-11:15 a.m.

Concurrent Sessions

Please note: You may only attend one of these sessions. View track descriptions.

  • Retail Products and Services
    Changing Savings Behavior with Workplace Loans & Personal Financial Coaching: A Sustainable, Scalable Solution
    Presenter: Emerge Workplace Solutions
    Learn sustainable, scalable new strategies aimed at changing savings behavior among low-income, underbanked workers. By assisting these workers during a time of crisis, financial institutions can help transition LMI workers to savings and mainstream bank products. Learn how to tap into the underbanked LMI market by providing products and services that meet the needs of this community while meeting the primary purpose of CRA.
  • The Green Economy
    Green Fixed-Income Investing/The Next Logical Step: Green Small Business
    Presenters: Community Capital Management, ACE, Friedman Associates
    No theory here—just real-world examples of how individual investors and CDFIs are supporting environmentally sustainable initiatives: affordable green buildings, green jobs and the green economy. Community Capital Management will illustrate some of the research, best practices and opportunities currently available in green fixed-income investing and how investors can utilize their fixed-income portfolio to invest in bonds that finance or support green projects. ACE and Friedman Associates will focus on the emerging efforts of microlenders working with their low-income clients to create green businesses, increase profits, decrease costs and tap new markets. Learn the key aspects of designing a green business program.
  • Investments and Equity
    How a Nonprofit Leveraged Private and Public Investment along with Social Strategies to Change the Face of a Devastated Neighborhood
    Presenter: Hope Community
    Take a journey with presenters for Hope Community, a place-based CDC, as they revitalize a devastated neighborhood using novel approaches. Participants will stop along the way to envision the elements of the story—the plan, the opportunity fund, overall project funding, community engagement strategy and funding, stabilization of older property and the role of asset management. Presenters will describe interrelated aspects of these different elements, as well as the impact of growth and increasing visibility. Participants will engage with each other and the presenters to relate the story to their own situation.
  • Financing Comprehensive Community Development
    The Living Cities Integration Initiative
    Presenter: Living Cities
    Learn about the Living Cities Integration Initiative, which will provide up to $80 million to five urban regions to create game-changing innovations addressing problems long considered intractable. The Initiative demonstrates a new approach to both philanthropy and systemic change, providing financial packages that include grants, loans and Program-Related Investments to each of the regions. The public, private, philanthropic and nonprofit sectors have agreed to work as partners to address a variety of community issues. Goals of the Initiative include creating a new framework for solving complex problems, challenging obsolete conventional wisdom, driving the private market to work on behalf of low-income people, and creating a "new normal."
  • Movie "Ten9Eight: Shoot for the Moon" (runs until 11:30 a.m.)
    This documentary, nominated as a finalist for VH1's Do Something Award, follows inner-city teens from Harlem to Compton and all points in between as they compete in an annual business-plan competition run by the Network for Teaching Entrepreneurship—a program that not only keeps potential drop-outs in school, but engages them in such a way as to put them on a path to a different future.
11:45 a.m.-1:15 p.m.

General Session and LunchEON

Keynote and Lunch:

Jessica Jackley, Co-founder of Kiva
(read bio)

1:30-3 p.m.

Concurrent Sessions

Please note: You may only attend one of these sessions. View track descriptions.

  • Retail Products and Services
    Innovations in Community Investing: Make Your Money Matter
    Presenter: Sunrise Community Banks
    From local to national to possibly global? Learn how a bank has leveraged technology for working with unbanked and underbanked individuals and families. Now armed with a portfolio of prepaid products, they are better positioned to promote financial services to individuals looking for an alternative to a traditional bank account as well as businesses looking for ways to reduce costs related to payroll, commission or incentive payments. Banks will want to pay close attention to see how they might implement similar strategies to meet the needs of LMI populations in their communities, stabilize neighborhoods and position themselves for favorable CRA consideration for their efforts.
  • The Green Economy
    Green Grows Up: Extending the Reach of Green CRA Strategies
    Presenters: DBL Investors, Solar City, Federal Reserve Bank of San Francisco, Goldman Sachs, South Bay Communities Alliance
    Review state-of-the-art strategies for green community development with top experts in the field. Explore what's working, what obstacles exist and new initiatives such as green new markets tax credit financing, green venture capital and green philanthropy as tools for community building. Bankers take note: This session will explore how green and CRA can work together.
  • Investments and Equity
    Developing the Private Sector in Communities in Poverty: The Montana Indian Equity Fund Model
    Presenter: Montana Department of Commerce
    If small amounts of equity were made available to new and emerging Native American small business owners, would it close a financing gap and accelerate the development of small business? Participants in this session will find out the answer to this question. They'll also learn about new financing products with unique risk parameters, new metrics currently under consideration for judging success, legislative initiatives and adapting the model to other communities in poverty.
  • Financing Comprehensive Community Development
    Community Development Finance Challenge
    Presenter(s): Student Finalist(s)
    Pre-conference, students from the partnering Federal Reserve Districts will submit an academic research paper with recommendations to advance the New Markets Tax Credit program. During this session, students with the best proposals will present their recommendations as a panel. Then stay tuned at Wednesday's closing luncheon as the winner of the competition is revealed, qualifying for a summer internship—the "Fed Prize"—at his or her choice of the Minneapolis or St. Louis Feds!
3:15-5 p.m.

Roundtable discussions: "Glitches, Fixes & Niches: Fresh Approaches to CD"

Engage with other participants in a series of lively roundtable discussions about critical issues, solutions and ideas in your communities.

Please note: You must choose three topics to discuss.

  • Education Financing
  • Retail Products & Services
  • Green Small Business
  • Green Investing
  • Green CRA
  • Impact Investments
  • Assets & Wealth Building
5-7 p.m. Networking Reception

 

>>View next: May 11

Questions? Contact Julie Kerr at 501-324-8297 or communitydevelopment@stls.frb.org.