RHOPI perspectives: the Federal Reserve Bank of Chicago

Michael Berry

Profitwise, 2009, issue Dec, 1-4

Abstract: The Chicago Fed and the Federal Reserve System have a longstanding interest in the causes and ramifications on unstable housing markets and high foreclosure rates, The Federal Reserve System helped to establish what is now known as NeighborWorks America, the umbrella organization for national nonprofit housing enterprise with 250 offices of which Neighborhood Housing Services of Chicago (NHS) is an affiliate, one that is nationally recognized for its work in revitalizing neighborhoods, and more recently, stemming foreclosures. A member of the Federal Reserve Board of Governors, currently Elizabeth Duke, has a permanent seat on the board of directors of NeighborWorks America.

Keywords: Federal Reserve Bank of Chicago; Federal Reserve District, 7th; Foreclosure (search for similar items in EconPapers)
Date: 2009
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