Housing as an Economic Development Tool

Alfred Broaddus

Speech from Federal Reserve Bank of Richmond

Abstract: It is a pleasure to be with you this evening. Most of the speeches I make deal with national economic outlook and Fed monetary policy, and it is refreshing to have an opportunity to talk about something else. Tonight I want to share a few thoughts with you regarding housing and community development. We at the Fed are very interested in these topics, because both housing and community development involve credit and banks, and the Fed is the federal level supervisor of all bank holding companies as well as a large number of individual banks.

Date: 2001-06-14
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