Washington, DC–(ENEWSPF)–January 9, 2014. For decades before the economic crisis, local communities were transformed as jobs were sent overseas and middle class Americans worked harder and harder but found it more difficult to get ahead. Announced in last year’s State of the Union Address, the Promise Zone Initiative is part of the President’s plan to create a better bargain for the middle-class by partnering with local communities and businesses to create jobs, increase economic security, expand educational opportunities, increase access to quality, affordable housing and improve public safety. Yesterday, the President announced the next step in those efforts by naming the first five “Promise Zones”.
