Empowerment Zones and Enterprise Communities
Remarks to the White House Conference on Empowerment Zones, February 22, 1996
The Clinton administration created Empowerment Zones and Enterprise Communities to encourage local community planning and economic growth in distressed communities. This program used tax incentives and federal investment.
Public investments from the 1993 Deficit Reduction Plan created the first nine Empowerment Zones and first 95 Enterprise Communities.
The administration later added 20 more Empowerment Zones and 20 more rural Enterprise Communities with the Balanced Budget Agreement of 1997. After the program expanded again in 2000, 31 Empowerment Zones and 95 Enterprise Communities had used over $10 billion in new private sector investment. This investment created thousands of new jobs for these communities.
Click here to learn more about Empowerment Zones and Enterprise Communities in the Clinton Digital Library.