The U.S. subprime mortgage crisis in 2008 was a nationwide banking emergency that contributed to the deepest recession since the Great Depression. What were its causes and consequences, and what has America learned from this debacle?
The Elmhurst History Museum welcomes Steven W. Kuehl to consider those questions on Thursday, April 20 at 2:00 p.m. Mr. Kuehl is the economic development and Wisconsin state director for the community development and policy studies division of the Federal Reserve Bank of Chicago. He will share his insights on economic development, the Community Reinvestment Act (CRA), fair lending laws, and consumer banking regulations.
The program takes place in the Elmhurst History Museum’s Education Center, located at 120 E. Park Ave. in Elmhurst. The program is free to members of the Elmhurst Heritage Foundation, and $5 for non-members. Reservations may be made online at elmhursthistory.org (in the Adult Program section) or by calling 630-530-6879. Limited on-site parking is available.
The lecture is presented in conjunction with the Elmhurst History Museum’s new exhibit, “House & Home,” a traveling exhibit from the National Building Museum in Washington, D.C. and NEH on the Road. The exhibit explores the various meanings of home to Americans through an expansive array of household objects, engaging interactive displays, detailed house models, video content and more. Admission to the exhibit is free.
Gain a better understanding of the complexities and conflicts stemming from the 2008 National Housing Crisis during this special program. For more information, visit the Adult Programs section of the Elmhurst History Museum’s web site at elmhursthistory.org or call (630) 833-1457.
