Newspaper article St Louis Post-Dispatch (MO)

Teamwork May Bring Bigger Piece of Aid Pie

Newspaper article St Louis Post-Dispatch (MO)

Teamwork May Bring Bigger Piece of Aid Pie

Article excerpt

Washington left St. Louis out of the big money two years ago, when the federal government oversaw the most lucrative urban-aid giveaway since the late 1970s.

Although hardscrabble sections of St. Louis and Wellston won a $2.95 million enterprise community grant, the St. Louis area did not figure among the federal government's six empowerment zones - depressed communities that each got a $100 million grant and tax breaks to encourage investment.

With a fresh round of empowerment zone funding expected this year, St. Louis officials are trying to make sure their next effort is more fruitful than the first attempt. President Bill Clinton is asking Congress to pay for more empowerment zones. The government has yet to announce a new phase of the popular program, but St. Louis leaders believe more funding for cities will become available soon. They already are mulling what they must do to succeed when that happens, said Maureen McAvey, the city's director of economic development. McAvey met with about 20 area business leaders in November. They focused on one question: "What will it take to win?" Many area leaders believe that the region's best hope would be an application spanning the Mississippi River - that is, an application involving both St. Louis and East St. Louis. In 1994, St. Louis and Wellston worked together but did not join forces with East St. Louis. Both applications won enterprise zone grants - no small feat considering that only about a fifth of the 292 applications earned any money. Still, the decision not to work together may have meant the difference between two $2.95 million grants and one $100 million handout for the metropolitan area. The bistate partnership of Philadelphia and Camden, N.J., netted a $100 million grant and tax incentives. That effort began when residents of the two cities met at the state line, halfway across the Benjamin Franklin Bridge, and urged their leaders to apply jointly. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.