The newsletter can be added here as a viewable PDF to be displayed inside the browsers window.
Another option is to have the newsletter scanned and displayed as an image.
If your community does not have a newsletter then the menu item can be changed or removed to fit your needs. Another popular option would be to include events. Whether they are held within the community or of some interesting local events worth mentioning. Either way the choice is yours and this space can be utilized in any way you see fit.