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News Release CONFERENCE HIGHLIGHTS ECONOMIC NEEDS OF RURAL AMERICA FOR INFORMATION CONTACT: Jackie A. Himmelberg, 314-444-8311 FOR RELEASE FEBRUARY 27, 95-21 1995 ST. LOUIS -- In response to the economic needs of small town America, the Federal Reserve Banlcs of Atlanta, Dallas, Richmond and St. Louis are sponsoring "The Renaissance of Rural America,• a conference dedicated to rural community development and reinvestment issues, March 7-8, 1995, The Peabody Hotel, Memphis, Tenn. The need for this type of conference is clear. According to a recent St. Louis Fed study on the lower Mississippi Delta region, many parts of rural America are lagging behind in economic growth and prosperity. Moreover, rural communities tend to have higher rates of measurable poverty and unemployment when compared to other regions of the country. For this to change, community leaders must learn to increase available capital and improve infrastructure, educational opportunities, health care and housing. (more) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Post Office Box 442 • St. Louis, Missouri 63166 • 314/444-8444 CONFEllENCE/2 At "The Renaissance of Rural America" conference, participants will be provided with strategies for stimulating economic growth and examples of successful housing programs and development partnerships. Speakers include Lawrence B. Lindsey, member of the Federal Reserve System Board of Governors; Jeffrey L. Plagge, chairman of the Rural Economic Development Task Force of the American Bankers Association; Cassandra M. Pulley, deputy administrator of the U.S. Small Business Administration; and John S. Shivers, chairman of the Independent Bankers Association. Interviews can be arranged with conference speakers and participants by calling Jackie A. Himmelberg, St. Louis Fed, (314) 444-8311. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • • ancc • A conference sponsored by the Federal Reserve Banks of Atlanta, Dallas, Richmond and St. Louis The Peabody Hotel Memphis, Tenne see March 7- 8 , 1995 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C l'llCa We at the Federal Re erve Banks of Atlanta , Dallas, Richmond and St. Louis invite you to attend The Renaissance of Rural America , a conference dedicated to the discussion of community reinve tment and development in rural America. Through partner hips , capital investment, industry and vision, the communities of rural America can expand their economies and stimulate their growth. The reinvestment opportunities we choose create more than just businesses and housing; they nourish the optimism and revitalization of rural America and the individual who make these communities their home . Our conference agenda focuses on issues that contribute to rural community development, including example of rural housing financing programs and option , ideas for rural development partnerships and strategic planning. Please join our discussions a we work together to strengthen our communities. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • Financial institution chief executive officers, lenders, community reinvestment officers and compliance officers with interests in rural communities • Boards of directors and staffs of community development corporations and organizations that work to revitalize low-income, rural communities • State, county and local public officials who administer community and economic development programs in rural communities • Utility and other industry officials responsible for promoting rural housing and economic development • Community leaders and individuals interested in partnerships for community and economic development If you require further information about the conference, you may call any of the individuals Ii ted below: Dianne Rawls Federal Reserve Bank of Atlanta ( 404 ) 589-7307 Jim Foster Federal Reserve Bank of Dallas (214) 922-5280 or (800 ) 333-4460, ext. 5280 Dan Tatar Federal Reserve Bank of Richmond (804) 697-8463 or (800) 446-7045 , ext. 8463 Glenda Wilson Federal Reserve Bank of St. Louis (314) 444-8317 or (800) 333-0810, ext. 8317 Lawrence 8. Lindsey, Member, Board of Governors of the Federal Reserve System , Washington , D .C. • Cassandra Pulley, Deputy Administrator, U.S. Small Business Administration , Washington , D .C. Federal Reserve Bank Presidents Robert D. McTeer, Jr., Federal Reserve Bank of Dallas J. Alfred Broaddus, Jr., Federal Reserve Bank of Richmond Thomas C. Melzer, Federal Reserve Bank of St. Louis Financial Institution Officials From Bank of the West, El Paso , Texas Elk Horn Bank & Trust, Arkadelphia , Arkansas First New Mexico Bank, Deming, New Mexico SouthTrust Corporation, Birmingham , Alabama Texas Bank, Weatherford, Texas Texas Independent Bank, Irving, Texas The Farmers State Bank and Trust Company, Jack onville, Illinois Agency Officials From Federal Reserve Board of Governors, Wa hington , D .C. • National Rural Electric Cooperative Association, Washington , D .C. New Mexico Economic Development Department, Santa Fe, ew Mexico Rural Economic and Community Development Service, Washington , D.C. Texas Department of Commerce, Austin , Texas Community-Based Organization Leaders From Center for Community Self-Help, Durham , North Carolina Federation of Appalachian Housing Enterprises, Berea , Kentucky Housing Assistance Council, Atlanta , Georgia Lexington Downtown Development Association, Lexington , Virginia National Rural Housing Coalition, Washington , D .C. Tri-County Community Development Corporation, Jacksonville, Illinois And More. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • • Tuesday, March 7 Wednesday, March 8 7 :30 a.m. Registration Continental Breakfa t 8:00 a.m. Continental Breakfast 9 :15 a.m . General Session • Community Banks: Key Players in the Local Economies of Rural Communities • Partners in Rural Housing: HUD and Financial Institutions • Current Issues and Common Themes in Rural Development • 11 :15a.m. Concurrent Sessions • Utilizing Secondary Markets • Rural Single-Family Hou ing Development • Rural Multifamily Housing Development • Lending Con ortia and Community Development Corporations 12 :30 p .m . Luncheon Luncheon Addres 2:00 p.m . General Session • Department of Agriculture : Rural Re ource Overview • Rural Housing Partnerships: Model Program 3:15 p .m . Concurrent Sessions (attend one of the e sions listed above ) 4:30 p.m . General Session • Rural Development Regulatory, lndu try and Environmental Asses ment • 5 :15p.m . Reception https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9 :00 a.m. General Session • Small Business Administration: Tools for Rural Economic Development 9 :30 a .m . Concurrent Sessions • Meeting Working Capital eed of Small Businesses • Financing Capital Improvements for Small Businesses • Alternative Financing and Micro-Enterpri e Options 10:45 a.m . General Session • Strategic Planning for Rural Community Diver ification • The Banker' Role in Rural Development • CRA and Community Banks 12:30 p .m . Adjournment DnJe1·enc Regishmition F n·m If you require accommodations, a number of rooms Please complete this form and return it with payment have been reserved for conference attendees at the to the address listed below. If there are multiple Peabody Hotel in downtown Memphis . You must register by February 14, 1995, to get the special rate of registrants , photocopy this form and complete one for each attendee . $105 per night for a traditional room or $120 per ni ght for a superior room (single/double occupancy). Only a Mail registration form to limited number of rooms are available at these rates, so Federal Reserve Bank of Atlanta please make your reservations early. Community Affairs Section Attn: Ms. Dianne Rawls .W. To reserve a room , mail or fax this form to the hotel or call I 04 Marietta Street, the hotel at (901) 529-4000 or (800) 423-8257. Atlanta, CA 30303-2713 Mention that you will be attending the Federal Reserve's Renaissance of Rural America conference to receive the special rate. Or Fax to ( 404) 589-7 342 Attn: Ms . Dianne Rawls Please reserve a room for me in connection with the Federal Reserve's Renaissance of Rural America conference, March 7-8, 1995 . Registration Fee $175 on or before February 17, 1995 $225 after February 17, 1995 ame _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Company _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Checks or money orders should be payable to the Address _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Federal Reserve Bank of Atlanta . Fee includes City, tate , Zip _ _ _ _ _ _ _ _ _ _ _ _ _ __ conference material , two Continental breakfasts, a Telephone _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ luncheon and reception . Arrival Date_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Please print or type all information to ensure accuracy. ame _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Departure Date _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Reservation Method (check one ) 0 American Express 0 Diners Club 0 Di cover Card 0 MasterCard OVi a ame for Badge _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Title _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Organization _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Addre s_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ City, State , Zip _ _ __ __ _ _ _ _ _ _ _ _ __ Telephone _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Fax umber_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Card Number_ _ _ _ _ _ _ _ _ _ _ _ _ __ Cancellations Expiration Date _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ Signature _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ A refund will be made if your written cancellation notice i received via mail or fax by February 27, 1995. No refunds will be made after that date . Mail Hotel Registration Form to The Peabody Hotel For More Information Concerning Registration Attn: Mary-Reservation Call (404 ) 589-7307 149 Union Avenue Memphis, T 38103 Or Fax Hotel Registration Form to (901 ) 529-4184 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • • m•or · o C ver by lary Erik on Pa tel, 199'" https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • The Renaissance of Rural America Tuesday, March 7 7:30 a.m. Registration and Continental Breakfast t t :00 a.m. Bren Co,,tmarwl Ballroonc 11: 15 a.m. 9: 15 a.m. General Session Concurrent Sessions Attaul ant of tbt fOtlf StSsions UsttJ. Co,,ti1Ct1t4I Ballroo• ~ Opening Remarks Rabat D.McTttr, Jr. President and CEO Federal Rcscrvc Bank of Dallas 9:30 a.m. Community Banks: Key Players in the Local Economics of Rural Communities Utilizing Secondary Markets Louis XVI R.oota Moderator Court,ccy Defrits Senior Banlc Examiner Federal Reserve Bank of Atlanta JolmS.Sbm Pandists Cminnan Paftid. KtrriJan Fanner Mac II Program Manager Federal Agriadtural Mortgage Corp. Independent Bankers Association of America Fort Worth, Tens Washington, D.C. I0:00 a.m. Partners in Rural Housing: HUD and Financial Institutions Kmndb C Williams Deputy Assistant Secretary for Grant Programs U.S. Department of Housing and Urban Development Washington, D.C 10:30 a.m. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Current Issues and Common Themes in Rural Development Jeffrry L Plagg( Chairman Rural Economic Development Task Force of the American Bankers Association Waverly, Iowa ]ditb Dedmon Senior Vice President Southwestern Regional Office Fannie Mae Dallas, Texas Joe N. Barnhart Senior Vice President Texas Independent Bank Irving, Texas ~ Rural Single-Family Housing Development Panelists DaoiJ L Lollis ExCO!tive Director Federation of Appalachian Housing Enterprises, Inc. Berea, Kentucky Forest Roonc Moderator J;,. V. Fosta Community Afhirs Spcwlist Fcdcra) Reserve Bank of Dallas Mi:batl E. Mi1M Vk:c President and Community Reinvestment Officer SouthTrust Corp. Birmingharn,Alabama Panelists Rost <;a,aa Olainnan of the Board National Rural Housing Coalition Las Guccs, New Mexico DauiJ C. YOU1I§ Multifamily Administrator Alabama Housing finance Authority Montgomery, Alabama Sijbm W. Rt4rlon Director of Residential Lending Center for Community Self-Help Ow-ham, North Carolina DoMIJ L Dya Vacc President Exchange Bank Gardner, Illinois ~ Lending Consortia and Community Development Corporations Bat P"~ Roonc Moderator Glmlal. Wilson ~ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rural Multifamily Housing Development Gmtral Moonaan Room Community Affairs Manager Federal Reserve Bank of St. Louis Moderator Panelists Danitl D. Tal4r HarolJ Cox Community Affairs Manager Federal Reserve Bank of Richmond President Tri-County Community Development Corp. Jacksonville, Illinois Glenn Nishimura Program Director, Rural Initiative Local Initiatives Support Corp. Washington, D.C. 12:30 p.m. Luncheon Panelists 11x .slyu,ay H. l. Macklin Rural Housing Development Specialist Housing Assistance Council, Inc. Atlanta, Georgia Luncheon Address Thomas C. Mt1ttr Prcsidennnd CEO Federal Reserve Bank of St. Louis Larry L Patton General Session Bank of the West El Paso, Texas Excartive Vice-President 2:00 p.m. Continmtal Ballroom Department of Agriculture: Rural Resource Overview Haureen Kennedy Ac ti.ng Ad□~.nis tra tor Rural Housing and Community 3: 15 p.m. Concurrent Sessions AttmJ ont of U1t four srssions pmnously ~std. 4': 30 p.m. u.?.~~En~~r4~1~ i Ce s General Session Contmartal Ballroonc Introductory Remarks Washington, D.C. l. AlfrrJ BroaJ&us, Jr. 2:30p.m. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rural Housing Partnerships: Model Programs President Federal Reserve Bank of Richmond Rural Development Regulatory, Industry and Environmental Assessment Moderator R.anJall C. Suncntr Latomra B. linJ.scy Member Board of Governors of the Federal Reserve System Vice President and Community Affairs Officer Federal Reserve Bank of St. Louis Washington, D.C. $:15 p.m. _Reception HmianJo Mato Room Wednesday, March 8 EJuarJo G. Sosa 8:00 a.m. Manager, Texas Capital Fund Texas Department of Commerce Austin, Texas Continental Breakfast Continental Ballroom 9:00 a.m. ~ General &soon Cmrtinmtal Ballroom Financing Capital Improvements for Small Businesses FomtRoonc Small Business Administration: Tools for Rural Economic Development Gzssarcdra M. Padlq Deputy Administrator U5. Small Business Administration Washington, D.C. Moderator DanitlD. Tattir Community Affairs Manager Federal Rcscrvc Bank of Richmond Panelists 9:30 a.m. Concurrent Sessions Attard ont of tbt t1mt stSsioffs Ustd. ~ Meeting Working Capital Needs of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dw~ht A Gznnan Director, Business and Industry Division Rural Economic and Community Development Service Washington, D.C. Small Businesses RimaaU EGn1fin f.xcartivc Vice President Central Savannah River Area Ciattral MDoma1 Roonc Moderator Nancy C Vicky Community Affairs Manager Federal Reserve Bank of Dallas Tmsa 0. Molma Vice President First New Mexico Bank Deming, New Mexico Panelists ~rtin A Talley Vice President and Community Affairs Officer Texas Bank Weatherford, Texas G. Rodnry Lsuth President Frederica Bank & Trust St. Simons Island, Georgia Development Cos. Augusta, Georgia Edward Pincbry, Jr. Chairman • Elect Coastal Area District Development Authority Brunswick, Georgia ~ Alternative Financing and Micro-Enterprise Options &rt Parktr Room Moderator Keith D. Turbdt Community Affairs Analyst Federal Reserve Bank of St. Louis Memphis Branch Panelists Panelists Katbmnt Y. McComick Loan Committee Women's Economic Self-Sufficiency Team C.Orp. Albuqut"luc:, New Mexico I Mnimlxr l01us Director, Rural Economic Policy Program The Aspen Institute Washington, D.C. Danitl S. Kamm.tan Mark L Wanberg Manager, Economic Development National Rural Electric Cooperative Association Washington, D.C. Director Institute for Local Government Admininstration and Rural Development Ohio University Athens, Ohio Harry I.Bowie Director, President and 0:0 Delta Foundation, Inc. Greenville, Mississippi Woodson A Salltr, Jr. F.xeartive Director Lexington Downtown Development Association Lexington, Virginia I0:30a.m. Break 10:45 a.m. General Session https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Continmtal Ballroom Strategic Planning for Rural C.Ommunity Diversification Moderator &mit L Wright Acting State Director Rural Economic and C.Ommunity Development Service Columbia, South Carolina 11 :45 a.m. The Banker's Role in Rural Development Gmgt P. Surgron Chainnan, President and 0:0 Elk Hom Bank and Trust C.O. Arkadelphia, Arkansas 12: 15 p.m. CRA and Community Banks Sandra Braunstein Mbnager) Office of Cor.1wunity Affairs Board of Governors of the Federal Reserve System Washington, D. C. I '.2:30 p.m. Conference Adjournment
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