President Donald J. Trump Is Lifting Up and Driving New Prosperity in Previously Forgotten American Communities | Beaufort County Now | President Donald J. Trump is working to invest Federal resources in distressed areas and save taxpayer dollars. | president, donald trump, dnlds wht hs, new prosperity, federal resources, august 25, 2020

Coronavirus Disease 2019 (COVID-19)

President Donald J. Trump Is Lifting Up and Driving New Prosperity in Previously Forgotten American Communities

Press Release:



"Our goal is to rebuild homes, schools, businesses, and communities that need it the most."
  — President Donald J. Trump


    TAKING ACTION TO REVITALIZE COMMUNITIES: President Donald J. Trump is working to invest Federal resources in distressed areas and save taxpayer dollars.

  • President Trump signed an Executive Order that instructs Federal agencies to prioritize the location of facilities within distressed areas, including Opportunity Zones.
  • In the past, under orders signed by previous administrations, Federal agencies were instructed to give first consideration to locating facilities in central business districts.
  • These districts were often the most expensive areas of urban centers, both costing taxpayers more dollars and sinking Federal investment into areas that were often not in need of the economic development.
  • Meanwhile, Opportunity Zones and other distressed communities offer lower costs and are in need of the investment that a Government site location can bring.
  • Through this Order, President Trump is furthering his commitment to using the whole of the Government's resources to uplift distressed communities, while saving taxpayer dollars.

    PROMOTING PROSPERITY: President Trump's Opportunity Zones initiative is delivering results for Americans in underserved communities.

  • Alongside President Trump's Order, the Council of Economic Advisers is releasing a report detailing the success of President Trump's Opportunity Zones initiative.
  • Since being enacted by President Trump, nearly 9,000 Opportunity Zones have been designated across the Nation, encompassing nearly 35 million Americans.
  • As of the end of 2019, Opportunity Zones have attracted $75 billion in funds and driven $52 billion of new investment in economically distressed communities, creating at least 500,000 new jobs.
  • Private equity investments into businesses in Opportunity Zones were nearly 30 percent higher than investments into businesses in similar areas that were not designated Opportunity Zones.
  • As a result of these new investments, approximately one million Americans will be lifted from poverty.
  • An Opportunity Zone designation alone has increased property values within them by 1.1 percent.
    • This increase in value has created an estimated $11 billion in wealth for the nearly half of Opportunity Zone residents who own their own home.

    LIFTING UP FORGOTTEN COMMUNITIES: President Trump is working tirelessly to bring opportunity and prosperity to distressed communities throughout America.

  • President Trump launched the White House Opportunity and Revitalization Council, which is currently aiding distressed communities that have been hit hard by the coronavirus pandemic.
  • President Trump is ending the disastrous trade deals that ripped jobs away from American cities and sent them overseas, leaving many of these cities devastated.
  • President Trump signed legislation enacting historic reforms to make our criminal justice system fairer for all and to give former prisoners the chance to successfully rejoin society.
  • President Trump is restoring law and order to communities across the Nation through numerous Federal initiatives, including launching Operation Legend.



You can visit a collection of all White House posts by clicking here.




HbAD0

Latest State and Federal

With this order, President Biden is ensuring that when the federal government spends taxpayer dollars they are spent on American made goods by American workers and with American-made component parts.
President Donald J. Trump granted pardons to 73 individuals and commuted the sentences of an additional 70 individuals
By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, it is hereby ordered as follows
By the authority vested in me as President of the United States by the Constitution and laws of the United States of America, including section 301 of title 3, United States Code, and sections 3301 and 7301 of title 5, United States Code.
I, DONALD J. TRUMP, President of the United States of America, find that additional steps must be taken to deal with the national emergency related to significant malicious cyber-enabled activities declared in Executive Order 13694 of April 1, 2015.

HbAD1

Today, President Donald J. Trump awarded Presidential Commendations to the below individuals in recognition of their exceptional efforts on Operation Warp Speed.
My fellow Americans: Four years ago, we launched a great national effort to rebuild our country, to renew its spirit, and to restore the allegiance of this government to its citizens.
On February 15, 2019, by Proclamation 9844, I declared a national emergency concerning the southern border of the United States to deal with the border security and humanitarian crisis that threatens core national security interests.
Today, we are announcing the designation of both the United Arab Emirates and the Kingdom of Bahrain as "Major Security Partners" of the United States.
In light of reports of more demonstrations, I urge that there must be NO violence, NO lawbreaking and NO vandalism of any kind.
On February 15, 2019, by Proclamation 9844, I declared a national emergency concerning the southern border of the United States to deal with the border security and humanitarian crisis that threatens core national security interests.
Please see pages 3 & 4 of today's update for an announcement of additional vaccine opportunities for next week (1/20 - 1/22) and information on how COVID vaccine supplies and allocations impact on Beaufort County.

HbAD2

 
Back to Top