The Hope Commission recognizes that a strong and vibrant economy, are vital to the success of
the City. The City must continue to be a magnet for new businesses and support existing
employers. Therefore, we recommend City-wide economic development efforts and initiatives
are continued and strengthened to attract and retain businesses which provide economic
opportunity for residents. The Hope Commission further recommends targeting job training,
employment and entrepreneurial opportunities for residents in Hope Zones. This could include a
one-stop shop (or enterprise centers) for young urban entrepreneurs, financial literacy training,
an urban work-study program, and increased employment and training for ex-offenders.
We recommend the creation of a Hope Zone Development Corporation to fund, support, and
sustain: (1) extensive neighborhood re-development; (2) business ventures; and (3) workforce
development that leads to quality jobs.