The Federal Reserve Bank of Kansas City is appointing a Nebraskan to its Community Development Advisory Council. The panel is composed of community, business and labor leaders from the seven-state region.
Judy Peterson, executive director for the Central Nebraska Economic Development District in Chambers, will represent rural communities.
“This is all new to me so I don’t know what the format’s going to be,” Peterson says. “I know it’s a three-year term and we will meet twice a year and there’s also the opportunity to provide suggestions to the Federal Reserve about what kinds of resources are needed out here.”
Peterson says she was brought in to address the issues facing rural areas.
“Workforce development and education and building skills of our youth to have those good-paying jobs but also, building entrepreneurial opportunities in our rural communties will help with both the workforce growth and the skilled workforce,” she says.
In her view, Peterson says there’s at least one critical need in rural areas.
“In order to recruit people or keep people in our rural communities, we have to have adequate housing,” Peterson says. “We haven’t done a very good job of keeping up with replacing older homes that are dilapidated or are substandard.”
The Central Nebraska Economic Development District which Peterson heads is made up of 14 counties in central and north-central Nebraska.
By Jerry Oster, WNAX, Yankton