Creating Resilient Communities

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In a speech at the Federal Reserve Community Affairs Research Conference, Ben S. Bernanke, Chairman of the Federal Reserve System, discussed the growing need for greater collaboration across disciplines to help build healthier, resilient communities. Chairman Bernanke noted, “Successful strategies to rebuild communities cannot focus narrowly on a single problem, such as the physical deterioration of neighborhoods that suffered high rates of foreclosure. Rather, progress will require multipronged approaches that address housing, education, jobs, and quality-of-life issues in a coherent, mutually consistent way.”

Using illustrative examples of community revitalization, including several featured in LIIF’s recently published book Investing in What Works for America’s Communities, Chairman Bernanke stressed the need for a more holistic approach to community development that breaks down the traditional silos of government resources.

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Source: Robert Wood Johnson Foundation