Bridges Spring 2018

Bridges is a quarterly review of regional community and economic development issues, projects and regulatory changes for practitioners from community-based organizations, as well as for Community Reinvestment Act officers, academics and government of

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I N D E X T H E F E D E R A L R E S E R V E B A N K o f S T . L O U I S | C E N T R A L T O A M E R I C A ' S E C O N O M Y S P R I N G 2 0 1 8 Fannie Mae's Duty to Serve Efforts May Be Heading to a Neighborhood Near You 3 8 10 Moving the Mid South Forward A N D M O R E > > From Dr. King to the Community Reinvestment Act: How His Dream Marches On By Caleb Bobo I n 1968, Martin Luther King Jr. found him- self in Memphis, Tenn., to support the pro- tests of black public works employees who felt they were being mistreated by their employer. While there, King gave a speech titled "I've Been to the Mountaintop." In it he stressed the importance of intentional social action on behalf of the economically disenfranchised and closed his speech by imploring the audience to continue fighting, even after he passed away. e very next day, King was shot while standing on the balcony of his hotel room and died shortly thereafter. Often lost in the suddenness and tragedy of his death, King's reason for being in Mem- phis is critical to understanding his life, his work and, ultimately, his legacy. His advo- cacy led to the creation of a policy agenda that sought to protect the rights of all Ameri- cans. ose rights included equal access to public accommodations and the ballot box, but also equal treatment within America's economic institutions and systems. Although America struggled to make sense of King's death, his agenda marched on. Just a >> continued on Page 3 An Economy of Neighborliness in the Missouri Ozarks Martin Luther King Jr. gives his "Mountaintop" speech in Memphis one day before his assassination. Photo © Richard Copley with permission Click to play full audio of Martin Luther King's "Mountaintop" speech.

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