THE WHITE HOUSE AT WORK
Wednesday, December 10, 1997
There is nothing that can be done for any neighborhood that people will not do for themselves. But people who are willing to do for themselves deserve a hand up, they deserve a partner, they deserve a government committed to giving them the tools they need to succeed. That's what empowerment is.
December 10, 1997
PRESIDENT CLINTON: PRESSING FORWARD HIS COMMITMENT TO COMMUNITY EMPOWERMENT
Today, President Clinton traveled to South Bronx's Charlotte Street. In the late 1970s and early 1980s, Presidents Carter and Reagan visited Charlotte Street because it was a paragon of lost hope and opportunity. Commenting on the vacant lots and burned-out buildings, President Reagan said he had not ''seen anything that looked like this since London after the Blitz.'' Today, President Clinton praises the community redevelopment of Charlotte Street, pointing to this revitalized neighborhood as a model for other urban areas. With the Federal government as the spark, community leaders, business leaders, residents, and elected officials have joined together in this South Bronx neighborhood to renew hope and opportunity.
TAPPING THE UNTAPPED POTENTIAL OF AMERICA'S URBAN AREAS. The President announced:
BUILDING ON THE PRESIDENT'S URBAN RECORD
The President's announcements today add to his community empowerment achievements. They include: generating $2 billion of new private sector investments in communities with Empowerment Zones and Enterprise Communities; improving access to capital and financial services with the strengthening and simplifying of theCommunity Reinvestment Act and the creation of Community Development and Financial Institution Funds; helping cities and employers move people from Welfare to Work with new tax incentives and the $3 billion Welfare To Work Job Challenge Fund in the Balanced Budget; and cleaning up thousands of contaminated, abandoned sites with the Brownfields tax incentive.