Seeds of Growth
Sustainable Community Development: What Works, What Doesn't, and Why
 A Federal Reserve System Community Affairs Research Conference
Held in Washington, D.C.
March 27-28, 2003
This Web site contains the papers from a conference organized by the Community Affairs Officers of the Federal Reserve System. Papers included in the Web site are to be considered working papers. They are reproduced here to make them available to scholars and practitioners with a serious interest in the topics presented. Many of the papers are in preliminary form and will be submitted for publication elsewhere. The works here should be cited as working papers and considered preliminary drafts of any subsequent publication. Although all papers have been screened for relevance to the subject matter of the conference, they have not been subjected to a rigorous refereeing process nor edited for form or content by the Federal Reserve.
Summary (PDF,245KB)
Opening Remarks (PDF,14KB)
William Poole
President, Federal Reserve Bank of St. Louis
Welcoming Address
Michael H. Moskow
President and CEO, Federal Reserve Bank of Chicago
Keynote Address 
Alan Greenspan
Chairman, Board of Governors of the Federal Reserve System
Session 1
Session 2
Session 3
Session 4
Session 5
Session 6
Session Four: Public Policy - Enterprise Zones and CDFIs
Community Development Financial Institutions: Current Issues and Future Prospects (PDF, 203KB)
Lehn Benjamin, Cornell University
Julia Sass Rubin, Brown University
Sean Zielenbach, Housing Research Foundation
Job Creation in California's Enterprise Zones: A Comparison Utilizing a Propensity Score Matching Model (PDF,801KB)
Suzanne O'Keefe, California State University, CA
Evaluating The Impact of Federal Community Economic Development Policies on Targeted Populations: The Case of The New Markets Initiatives of 2000 (PDF,253KB)
Julia Sass Rubin, Brown University, Providence, RI
Gregory M. Stankiewicz, Prinston University, Prinston, NJ
Discussion Comments
Public Policy - Enterprise Zones and CDFIs (PDF,94KB)
Paul Pryde, Capital Access Group LLC, Washington, D.C.
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