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1999 Round II Urban Empowerment Zones

NEW HAVEN, CONNECTICUT

A. Zone Vital Statistics:

    1. Population of the Most Populous City: New Haven - 124,000
    2. Zone Population: 49,913
    3. Approximate Zone Size: 5 square miles
    4. Poverty Rate: 33.7%
    5. Unemployment Rate: 12.9%
    6. Education: 38% of Zone residents, over age 25, lack a high school diploma

B. Estimated Number of Jobs Created or Retained: 9,000

C. Proposed Leveraged Commitments: $700 million

    1. Public Sector: $300 million
    2. Private Sector: $400 million

D. Key Business Partnerships:
Over 10 businesses made commitments in the Strategic Plan. Some of the key business partners are:

  • New Haven Savings Bank
  • Olin
  • Arts Industry Coalition
  • New Haven Chamber of Commerce
  • International Festival of Arts
  • Long Wharf Galleria, Inc.
  • Matthews Ventures
  • Regional Cultural Plan for New Haven
  • Science Park Development Corp.

E. List of Other Key Partners:

  • Yale University
  • New Haven Board of Education
  • Community Foundation

F. List of Developable Sites:

  • New Haven Downtown, Harbor, Industrial Zone
  • West Haven - West River Crossing

Content Archived: January 20, 2009

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