1. The Bottom Up Mandate: Fostering Community Partnerships and Combating Economic Distress in Chicago's Empowerment Zone.
- Author
-
Oakley, Deirdre and Hui-shien Tsao
- Subjects
FOSTER home care ,TAX incentives ,CRISIS management ,ECONOMIC development ,SOCIOECONOMICS ,STRATEGIC planning - Abstract
The Empowerment Zone and Enterprise Community Initiative, funded by Congress in 1994, offered geographically-targeted funding and tax incentives to distressed urban communities. The community involvement component of the program separated it from traditional economic development initiatives, aligning it more fully with the core goals of community economic development. Did the programmatic strategies emphasize economic opportunities over fostering community partnerships or vice-versa? We examine how much emphasis was placed on fostering community partnerships as opposed to more traditional economic development approaches. We assessed how effective these initiatives were at fostering socioeconomic gains. Findings indicate that the more traditional market-based economic development strategies received the majority of funding, despite the mandated requirement of building community partnerships. Despite this, the initiative significantly decreased the percentage of residents living below the poverty line and those unemployed. The lack of emphasis on the fostering of community partnerships in Chicago's zone did not result in failure. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2006