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1999 Round II Urban Empowerment Zones

EL PASO, TEXAS

A. Zone Vital Statistics:

    1. Population of the Most Populous City: El Paso - 515,342
    2. Zone Population: 51,444
    3. Approximate Zone Size: 10 square miles
    4. Poverty Rate: 58.47%
    5. Unemployment Rate: 16%
    6. Education: 65% of Zone residents, over age 25, lack a high school diploma

B. Estimated Number of Jobs Created or Retained: 888

C. Proposed Leveraged Commitments: $900 million

    1. Public Sector: $300 million
    2. Private Sector: $600 million

D. Key Business Partnerships:
Over 80 businesses made commitment in the Strategic Plan. Some of the key business partners are:

  • Sun Metro
  • Fannie Mae
  • Norwest Bank
  • Phone Care
  • Bank CNB
  • Hunt Building Corporation
  • Montwood National Bank
  • Maximus
  • Chase Manhattan
  • Accion El Paso
  • Upper Rio Grande
  • JDW 100
  • Bank of the West
  • Old El Paso Electric Company
  • El Paso Natural Gas
  • El Paso Natural Gas
  • Centro de Salud Familiare La Fe, Inc.
  • Thompson General Hospital
  • Latch Key Centers Unlimited, Inc.
  • World Trade Center
  • The Human Element of Business, Inc

E. List of Other Key Partners:

  • Association De Maquiladoras, A.C.
  • CMIC
  • Paso Del Norte Public Policy Institute
  • El Paso Central Business Association
  • El Paso Coalition for the Homeless
  • Paso Del Norte Health Foundation
  • University of Texas
  • El Paso Community College

F. List of Developable Sites:

  • Pendale/Vista Del Sol Industrial Park
  • Northwestern Corporate Center

Content Archived: January 20, 2009

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