Tuesday, September 17, 2013

U.S. HUD Secretary Shaun Donovan Visits Invest Atlanta

                                        
Atlanta night skyline

  
Shaun Donovan
ATLANTA, GA (Sept. 17, 2013) — Invest Atlanta hosted U.S. Housing and Urban Development Secretary Shaun Donovan at its offices Tuesday for a roundtable discussion with Atlanta business leaders.
  
As part of President Barack Obama’s call to help the nation’s middle class, HUD plans to create Promise Zones in 20 communities over the next four years.

“I’m pleased that Atlanta has a seat at the table to discuss ways to leverage federal support for our community revitalization work,” said Mayor Kasim Reed.

Mayor Kasim Reed
“The Promise Zones are a key element of President Obama’s Ladders of Opportunity agenda and would be a significant boost to the city’s ongoing efforts to attract private investment, improve affordable housing, and improve educational opportunities.”

Under the Promise Zones initiative, the federal government will invest and partner with distressed urban, rural and tribal communities to create jobs, improve education and increase economic activity.

President Barack Obama
“Invest Atlanta was honored to host Secretary Donovan during his visit to Atlanta,” said Brian P. McGowan, CEO and President of Invest Atlanta.

“The discussion was centered around a potential new and innovative federal program called Promise Zones designed to revitalize high-poverty neighborhoods by creating jobs and attracting private investment.

“We are very supportive of this initiative and offered to work with the Administration to expedite congressional approval so communities can begin using these tools to create jobs now."

Brian P. McGowan
The Promise Zones are also designed to give children a great economic and educational start in life by improving the neighborhoods where they live. There is an open competition among communities nationwide for federal money to rebuild the middle class.

For a complete copy of the company’s news release, please contact:

Nancy Johnson
The Wilbert Group
404-343-0886 (O) 


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