Fed's Greenspan on empowering communities

In a speech on 'Empowering communities, attracting development capital, and creating opportunities' given on 18 March Alan Greenspan of the Federal Reserve said better research is needed to gauge the success of programs that aim to lift communities out of poverty and improve housing for the poor.

Despite nearly four decades of federal and other programs to bring this about, there is a dearth of data on what strategies have and haven't worked, the Fed chief told a community development conference

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