Vision for revitalizing Del.

“Community revitalization” was what a conference Wednesday morning focused on for the state of Delaware.
It was hosted by the Federal Reserve Bank of Philadelphia. It oversees about two-thirds of Pennsylvania, southern New Jersey and the entire state of Delaware.
Theresa Singleton, vice president for Community Development, says ‘revitalization’ is the idea of promoting economic growth in a way that connects all sectors of a community.
Singleton says a big part of that includes investing in areas that will eventually pay off for the state, which includes having enough affordable housing and making sure people are prepared to go into the workforce.
“I think it’s doable in the state of Delaware mostly because you are so small and you have such non-profits that are working in collaboration with one another,” she says. “I think there are great opportunities to identify both industrial sectors and communities that can work together to identify future goals.”
Singleton says the next step is for the Federal Reserve and its partners to evaluate what was discussed Wednesday. From there, they may put together small groups focusing on strategies and how to identify resources.