TITLE

Clinton proposes new $400 million community empowerment fund

PUB. DATE
February 1998
SOURCE
Bond Buyer;02/02/98, Vol. 323 Issue 30322, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on President Bill Clinton's proposal for a $400 million community empowerment fund that would provide grants to leverage loans for businesses in economically distressed communities in the United States. Inclusion of the proposal in Clinton's 1999 budget plan; Use of the funds to buy down interest rates on the loans and guarantee repayments; Revolving loan funds for business expansion and modernization.
ACCESSION #
201002

 

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