HUD, administration announce Promise Zone competition

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09/18/2014: HUD and Census Bureau Announce New Residential Construction Activity in August (14-112) 09/19/2014: Obama Administration Announces Competition to Designate Next Round of Promise zones (14-113) 09/23/2014: hud awards .5 Million to Help Seniors and Persons with Disabilities to Live Independently at Home (14-110)

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Obama Tries to End the Cycle of Broken Poverty Promises Pouring federal aid into poor communities hasn’t accomplished much in the past. But the Obama administration insists its Promise Zones.

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THIRD ROUND PROMISE ZONES DESIGNATION PROMISE ZONE COMPETITION The Obama Administration invites a new round of eligible applicants to apply for a promise zone designation. Urban, rural, and tribal communities nationwide are invited to put forward plans to address multiple community revitalization challenges in a collaborative way.

Other cities receiving grants through HUD’s. as a federal Promise Zone, which gives the region bonus points on applications for federal grants to aid the poorest neighborhoods in St. Louis..

 · Are the Obama administration’s Promise Zones’ a promising anti-poverty strategy?. According to HUD, since 2009, the administration has invested more than $350. Trump expected to.

WASHINGTON – Today, U.S. Department of Housing and Urban Development (HUD) Secretary Julin Castro and U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that communities may now apply to be designated a Promise Zone under the third and final round competition.

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WHAT IS PROMISE ZONE. Each Promise Zone will be coordinated by a lead community based organization in partnership with the Obama Administration. HUD will be the federal lead for the five urban designees, while USDA will serve as the lead federal partner to the tribal and rural Promise Zones.

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Promise Zone Benefits. The Promise Zone designation will last for a term of 10 years. During this term, the specific benefits made available to Promise Zones will vary from year to year, and sometimes more often than annually, due to changes in the agency policies and changes in appropriations and authorizations for relevant programs.

ATLANTA – Mayor Kasim Reed joined U.S. Department of Housing and Urban Development (HUD) Secretary Julin Castro today to announce the City of Atlanta has been named a Promise Zone community.

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