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Carter Orders Review of Federal Urban Policy
President Carter orders an urgent review of federal urban policy after black leaders critique and NYC blackout looting. A reorganized task force, a Treasury driven financing plan, and a potential urban development bank aim to stimulate private investment in inner cities with tax exempt bonds, federal guarantees, and a secondary market for loans.
MENTIONED IN THIS ARTICLE
America
Vernon E. Jordan Jr
Urban League
Carter
Treasury Department
Treasury
Urban Development Task Force
New York Times
Urban Development Bank
Johnson