Taxation Committee Extends HUD Empowerment Program
Mark Fabiani served as a special counsel to President Bill Clinton and as head of communications during Al Gore’s 2000 presidential campaign. He has also worked in senior positions at the Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ). At HUD, Mark Fabiani took on the role of deputy assistant secretary, helping implement the Empowerment Zone initiative.
The HUD Empowerment Zone Program was originally ran from 1994 through 2011. Earlier this year, though, the congressional Joint Committee on Taxation moved to extend the program through 2013 as a demonstration of its success during the last 17 years. The program is separated into three designations—Renewable Communities, Empowerment Zones, and Enterprise Zones—and provides help to distressed areas with high rates of poverty and immigration. All but 15 percent of the initial $1 billion funding the program had been spent by 2006, going toward community development, housing projects, and advances in local education systems. Job training and loan programs have also benefited from the Empowerment Zone initiative.