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Poverty [1]
(Item)
- , this Administration, under the leadership ofSecretary AndreW Cuomo, , established the Economic Development Initiative (ED!). which combines grants and low Interest loans to leverage private investment for economic development. Over'the past 5 years, $3.5 biUion
Urban Policy [2]
(Item)
- effective. 4 The House Appropriations 'bill drastically curtails these programs, reducing the limitation on Section 108 loan guarantees from $2.05 billion to $1 billion and eliminating the $350 million Economic Development Initiative, completely
Brownfields
(Item)
- . development initiatives.. I • HUp will provide S2S niItion in ~ Development Initiative (EDI) grants (supporting an a6:!itional $100 nilIiion in section 108 loan guarantees). target existing grant fim:ls such as COlllluullity Development Block Grants (CDBG
New Markets
(Item)
- jobs supported by ED! and the Section 108 loan guarantee have grown by 300,000 from 1994 to 1998. During this time period EDI and the Section 108 toan guarantee programs have funded $3.5 billion for marc than 650 separate project comll~itll1cnts. i
Los Angeles [2]
(Item)
- JANUARY 20 AND MARCH 19,1993. DepanunentofEducation (obligations) 26.2 Funds for bilingual education and minority languages, schhol improvement programs, special education, postsecondary education, and education and research improvement. Section 108
- groups and cities, • Increase employment in communities through a reinvigorated economic development strategy, including rnodifications In tllo , 6 $2 billion Section 108 Loan Guarantee program, Subsidies of up to.$150 million would
