Community Development Corporation of Long Island Annual Lenders Forum
June 30, 2016
The Wilbur F. Breslin Center for Real Estate Studies was a co-sponsor of the Community Development Corporation's Annual Lenders Forum which presented a discussion on challenges facing Long Island's low and moderate income residents, and possible collaborative solutions among government, the non-profit sector, the real estate industry and financial institutions. Richard V. Guardino, Jr. provided introductory remarks and Marianne Garvin, President and CEO of the Community Development Corporation of Long Island introduced the keynote speaker.
Thomas J. Curry, Comptroller of the Currency of the United States and chair of NeighborWorks America, a national housing and community development intermediary delivered the keynote address focusing on community development work being done across the county and ways the nation's financial institutions can support these initiatives.
Following the keynote, a panel discussion about the housing challenges facing Long Island's low and moderate income communities and what solutions are possible took place. Issues reviewed included: reducing the foreclosure rate, encouraging home ownership and more rental housing, innovation in technology to help low and moderate income Long Islanders participate in mainstream financial institutions and how bank branches can better serve lower-income communities.
The panelists were:
Edison Reyes, Program Manager, Community Engagement, Federal Reserve Bank of New York
Valerie J. Williams, Regional Manager, Community Affairs, Federal Deposit Insurance Corporation
Denise Kirk-Murray, Office of the Comptroller of the Currency
Kevin Law, CEO, Long Island Association & Co-chair of the Long Island Regional Economic Development Council