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- partners, nonprofit foundations, as well as state andfederal partners. The Empowerment Zones/Enterprise Communities Program As President, Bill Clinton has pursued the basic objectives he earlier supported as Chair of the Commission through a Presidential
- . That is one of the reasons I created a One America Office in the White House last year, and why the Vice President and I have worked so hard to bring loans and new investments to distressed communities, through empowerment zones, the Community Reinvestment Act
- to recognize that there are still lots of people in places this economic recovery has left behind. That's why I want to expand the number of empowerment zones and enterprise communities and give people more incentives to invest in them. That's why I'm trying
- 5 SPEARHEADING URBAN RENEWAL EFFORTS • Revitalizing Michigan's Communities: Detroit was designated an Empowerment Zone in • December, 1994 and was awarded $100 million to create more jobs, housing, and economic opportunity. Similarly in 1994
- Economic Development: Chicago was designated an Empowerment Zone in • December 1994 and was awarded $100 million to create more jobs, housing, and economic opportunity for city residents. As part of this project, First Chicago has initiated a $100,000
- systems. SPEARHEADING URBAN AND RURAL RENEWAL EFFORTS • Revitalizing Arkansas' Communities: Little Rock/ Pulaski County, East Central, and Mississippi County were all designated Enterprise Communities in December, 1994 and were awarded $3 million each
- was designated an Enterprise Community in December 1994 and was awarded $3 million to create more jobs, housing, and economic opportunity for city residents. • Expanding the Low-Income Housing Tax Credit Will Help Develop 1,500 To 1,800 New Affordable Housing