106.7 The Fan All News 99.1 WNEW CBS Sports Radio 1580

Obama To Announce 5 ‘Promise Zones’ In Effort To Focus On Income Inequality

View Comments
(credit: NICHOLAS KAMM/AFP/Getty Images)

(credit: NICHOLAS KAMM/AFP/Getty Images)

Latest News

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

WASHINGTON (AP) — President Barack Obama will announce five “Promise Zones” this week as part of his effort to focus on income inequality in the lead-up to his State of the Union address.

Promise Zones are areas where the federal government provides tax incentives and grants to help communities tackle poverty. Obama first announced the initiative during last year’s State of the Union speech.

On Thursday, Obama will announce the first Promise Zone locations. They’re in San Antonio, Texas; Philadelphia; Los Angeles; southeastern Kentucky and the Choctaw Nation of Oklahoma.

The White House says Obama believes investing in and rebuilding economically challenged communities is crucial to helping children have a chance at success.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,607 other followers