The Federal Reserve Bank of Chicago has appointed Wisconsin Housing and Economic Development Authority Executive Director Wyman Winston to its 2016-2017 Advisory Council on Agriculture, Small Business and Labor. The Council promotes communication between the Chicago Fed and representatives from agriculture, small business and labor sectors in the Seventh Federal Reserve District.
|I am honored and thrilled at the opportunity to serve on this advisory council and help the Federal Reserve Bank of Chicago in its duty to encourage and strengthen a solid banking system and a vibrant economy. |
|Executive Director Wyman Winston|
“I am honored and thrilled at the opportunity to serve on this advisory council and help the Federal Reserve Bank of Chicago in its duty to encourage and strengthen a solid banking system and a vibrant economy,” said Winston. “Regional economies are more critical than ever, so I look forward to collaborating with my colleagues on the Advisory Council to further stabilize and enhance the economy of Wisconsin and our region.”
Since appointed as WHEDA’s executive director by Gov. Scott Walker in 2011 Winston has financed over $1.4 billion in housing, small business and farm lending. The financing during that time includes 23,268 housing units, 131 businesses, and 293 farmers.
Winston will serve a two-year term. Council members meet twice a year to provide their views on current business conditions to Chicago Fed President Charles Evans and other senior officials of the Bank. The input from Council members on regional economic conditions contributes to the Federal Reserve System's formulation of national monetary policy.
WHEDA was created in 1972 by the Wisconsin Legislature to provide low‐cost financing for housing, small business and agricultural development. Since 1972, WHEDA has financed more than 77,000 affordable rental units, helped more than 120,000 families purchase their first homes and made more than 29,000 small business and agricultural loan guarantees. For more information, visit wheda.com or call 1-800-334-6873.