Profitwise News and Views
May 2004 Issue Special Edition
- Neighborhood Housing Services of Chicago Home Ownership Preservation Initiative
- Remarks by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago
- Remarks by Richard M. Daley, Mayor, City of Chicago
- Alicia Williams, Vice President, Consumer and Community Affairs, Federal Reserve Bank of Chicago
- John G. Markowski, Commissioner, City of Chicago, Department of Housing
- Bruce Gottschall, Executive Director, Neighborhood Housing Services of Chicago
- Bruce Paradis, President and Chief Executive Officer, GMAC-RFC
- Steve Paton, Vice President, Chase Manhattan Mortgage Corporation
- Richard Monocchio, First Deputy Commissioner, City of Chicago, Department of Housing
- Conclusion
- Neighborhood Housing Services Programs
- May 2004 Issue, Special Edition (PDF,137KB)
Alicia Williams
Vice President, Consumer and Community Affairs
Federal Reserve Bank of Chicago
Ms. Williams began by highlighting the strong interest the Fed has in community development and working on issues that impact communities economically. Ms. Williams spoke about the relationships the Fed cultivates to promote stable and sustainable community development, as well as fair access to credit and financial services. The Chicago Fed and its Consumer and Community Affairs division have a long-standing relationship with Neighborhood Housing Services of Chicago because of the organization's outstanding efforts - and results - in positively impacting communities facing disinvestment. "Through this partnership, we at the Fed have seen firsthand the positive impact NHS has had on Chicago's neighborhoods. Much of NHS's sustained success can be attributed to Bruce Gottshall's leadership and the diligent work of his staff."
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