National Conference: Exploring Financial Resiliency and Mobility
About this event
Join us as we take a fresh look at a variety of issues that affect the financial wellness of LMI communities, including health, housing, jobs, education and consumer finance. We will explore unique approaches to issues that continue to affect the financial resiliency and mobility of LMI households.
Presentations
To view a list of speakers and presentations, select the agenda tab.
Event highlights
Watch the video below to view highlights from the conference.
Audience
Who should attend?
Nonprofit professionals serving low-and moderate-income communities, researchers, policy makers and banking professionals.Event details
| Date | Time | Location |
|---|---|---|
| September 7, 2016 | 8 a.m. - 7 p.m. | Federal Reserve Bank of Kansas City |
| September 8, 2016 | 8 a.m. - 1:30 p.m. |
Registration
Registration is now closed for this event.
Registration Deadline: August 26, 2016
Hotel Information
The Sheraton Kansas City Hotel at Crown Center
2345 McGee Street
Kansas City, Missouri 64108
Phone 1-816-841-1000
Hotel Reservations 1-866-716-8134
The reservation period is now closed, but you may still reserve a room there at the best available rate.
Shuttle service will be available between the hotel and the Federal Reserve Bank for morning and afternoon transportation; more details on shuttle service will be provided at a later date. Weather permitting, the Federal Reserve Bank is within walking distant from the hotel.
Residence Inn Downtown Marriott/0.3 miles/2975 Main Street: Click here for the website.
Westin Crown Center Hotel/0.7 miles/1 East Pershing Road: Click here for the website.
Hilton President Kansas City/1.5 miles/1329 Baltimore Avenue: Click here for the website.
Crowne Plaza Kansas City Downtown/1.6 miles/1301 Wyandotte Street: Click here for the website.
Contact Information
Day One
- 8 - 8:30 a.m. Breakfast and Registration - Mezzanine
-
8:30 - 8:45 a.m.
Opening Remarks - Liberty Room
Tammy Edwards, Federal Reserve Bank of Kansas City -
8:45 - 9:30 a.m.
Keynote Address - Liberty Room
Jennnifer Tescher, Center for Financial Services Innovation
What does it mean to be financially healthy? Jennifer Tescher, president and chief executive officer for the Center for Financial Services Innovation, shares insights into key elements of financial health and implications for both researchers and practitioners working with low- to moderate-income (LMI) populations.
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9:30 - 10:30 a.m.
Financial Decision Making in LMI Households - Liberty Room
Ann Huff Stevens, University of California, Davis
John Thompson, Center for Financial Services Innovation
Moderated by Jeremy Hegle, Federal Reserve Bank of Kansas City
Panelists will share new research and insights into how LMI households make financial decisions, providing attendees with a base understanding for the conference.
- 10:30 - 11 a.m. Break and Networking - Mezzanine
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11 - 12 p.m.
Small Dollar Lending Regulations and Alternatives - Liberty Room
Nick Bourke, Pew Charitable Trusts
Raquel Valdez, Community Loan Center
Moderated by Kelly Edmiston, Federal Reserve Bank of Kansas City
Analyzing the spectrum of existing and proposed regulations, this session explores payday lending and its small dollar alternatives and their place in the financial lives of LMI consumers.
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12 - 1:30 p.m.
Lunch and Keynote Address - Mezzanine
Bill Bynum, Hope Enterprise Corporation - Video included in Speaker's Presentation
Bill Bynum, founder and CEO of Hope Enterprise Corp., will discuss his experiences responding to the financial needs of LMI consumers and the driving forces behind Hope’s grass-roots founding and success.
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1:30 - 3 p.m.
Early Afternoon Concurrent Sessions
Option 1: The Interplay of Health and Financial Stability - Jackson Hole Room
Rachel Garfield, Kaiser Family Foundation
Mark Rukavina, Community Health Advisors
Jeff Usher, Kansas Health Foundation
Moderated by Jeremy Hegle, Federal Reserve Bank of Kansas City
Has the Affordable Care Act made LMI households more financially resilient? Can community health needs assessments provide answers to understanding the social determinants of health, or unlock clues to healthier housing? Panelists will share the latest research on these issues as well as innovative community-led initiatives for improving public health.
Option 2: Underwriting the Credit Invisible - Liberty Room
Joanne Gaskin, Fair Isaac Corp.
Rhonda McMillan, Liberty Bank
Dara Duguay, Credit Builders Alliance
Moderated by Kelly Edmiston, Federal Reserve Bank of Kansas City
New models for credit scoring are being developed to more fully capture the ability of low-income consumers to repay loans. Representatives from a commercial bank serving primarily low-income communities, a consumer advocacy group and a credit scoring agency (FICO) will discuss the potential for these models to expand access to credit.
- 3 - 3:30 p.m. Break and Networking - Mezzanine
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3:30 - 5 p.m.
Late Afternoon Concurrent Sessions
Option 1: When Collective Impact Works - Liberty Room
Gayle Goetz, Wichita NexStep Alliance - Video Included in Speaker's Presentation
Laura Scherler, United Way Worldwide
Mindy Ysasi, The Source - Video Included in Speaker's Presentation
Moderated by Steve Shepelwich, Federal Reserve Bank of Kansas City
Solving complex societal issues requires cross-sector collaborations, but what are the keys to making them work? This session will explore lessons learned from a variety of effective collaborations that address issues of economic mobility. Presenters will address formation, funding, program governance and how to measure success.
Option 2: Post-Secondary Education Options: Are they worth it? - Jackson Hole Room
Leigh Anne Taylor Knight, Thinkshift
Willie Elliott, University of Kansas
Bernard Franklin, Kansas State University
Moderated by Emily Engel, Federal Reserve Bank of Chicago
Leaders in education and workforce development will explore the effectiveness of post-secondary education and training options in LMI communities, including return on investment and affordability.
- 5:15 - 7 p.m. Reception - Lobby
Day Two
- 8 - 8:45 a.m. Breakfast and Networking - Mezzanine
-
8:45 - 9 a.m.
Opening Remarks - Liberty Room
Krissy Young, Federal Reserve Bank of Kansas City
-
9 - 10 a.m.
Effect of Family Structure on LMI Households - Liberty Room
Sue Birch, Colorado Department of Healthcare, Policy and Financing
Isabelle Sawhill, Brookings Institution
Moderated by Tammy Edwards, Federal Reserve Bank of Kansas City
Isabelle Sawhill and Sue Birch will discuss changing family structures in LMI households and how these structures can affect financial resiliency and mobility. Hear about Colorado’s experience applying these concepts to policy.
- 10 - 10:30 a.m. Break and Networking - Mezzanine
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10:30 - 11:30 a.m.
Concurrent Sessions
Option 1: Two-Generation Strategies for Economic Mobility - Liberty Room
Janae Bradford, Community Action Project of Tulsa County - Video Included in Speaker's Presentation
Tracy Gruber, Utah Office of Child Care at the Department of Workforce Services
Tara Smith, Ray Marshall Center for the Study of Human Resources, University of Texas at Austin
Moderated by Steve Shepelwich, Federal Reserve Bank of Kansas City
Two-generation strategies are emerging as a promising way to address the needs of both parent and child with the goal of breaking the cycle of intergenerational poverty. Learn successful approaches to combining services that reinforce and leverage individual success in education and employment to improve outcomes for the entire family.
Option 2: The Changing Role Housing Plays in Wealth Creation - Jackson Hole Room
William Emmons, Panelist and Moderator, Federal Reserve Bank of St. Louis
Doug Ryan, Corporation for Enterprise Development
Rob Sheil, Cornerstone Renter Equity
Housing’s role in wealth creation has changed since the Great Recession. Panelists will share the latest research and alternative ways in which housing programs are creating stability and increasing wealth.
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11:30 - 1 p.m.
Luncheon and Closing Keynote - Liberty Room
Rev. Thomas B. Curran, President, Rockhurst University - Video Included in Speaker's Presentation
Rev. Thomas B. Curran will speak to the ethical underpinnings of serving LMI populations and motivate conference participants to charge forward with their efforts.
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1 - 1:15 p.m.
Closing Remarks and Adjournment - Liberty Room
Esther George, Federal Reserve Bank of Kansas City
