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*Media Advisory* Strengthening Neighborhoods in Weak Markets


WHAT: "Strengthening Neighborhoods in Weak Markets": Fed Workshop to Offer Strategies for Communities to Mitigate Impact of Foreclosures

WHEN: Wednesday, Sept. 24, 8 a.m. to 5 p.m. CDT
Thursday, Sept. 25, 8 a.m. to noon

WHERE: Federal Reserve Bank of St. Louis
Gateway Conference Center
Fourth and Locust streets
Downtown St. Louis

WHO: Federal Reserve banks of St. Louis, Chicago and Minneapolis

WHY: Vacant buildings, diminished tax revenue and displaced residentsall are fallout from widespread foreclosures. Moreover, the issues in low-cost real estate markets may be different than those in communities with stronger labor markets or less-affordable housing. Nationally recognized experts will address some key strategies that can help communities repair, recover and rebuild.

This workshop is part of the Federal Reserve's "Homeownership and Mortgage Initiative," a comprehensive strategy to provide information and outreach to prevent unnecessary foreclosures and stabilize communities.

For a complete agenda of speakers and times,visit: