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Sallie Mae
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55280134
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Sallie Mae
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Records of the Office of Policy Development (Clinton Administration)
Lisa Green's Files
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42-t-26466288-20120043S-016-012-2017
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10.
DENVER, CO:
Advantages
Mayor Wellington Webb has written to the President requesting consideration for the
New Markets trip.
The City is currently working with several private companies to bring capital and
living wage employment to one of the poorest neighborhoods in Denver. The project
is known as Interlock Business Development Park and could create 1,000 jobs.
The DOL's Kulick grant program, which focuses on workforce opportunities for
young people, operates in Denver.
Colorado Enterprise Fund (CEF) is a microenterprise fund based in Denver, provides
technical assistance to socially and economically disadvantaged small business
owners. CEF has received assistance from the CDFI fund in the past.
Potential Announcements and Site Visits:
The Interlock project is now under construction. We could potentially tour the site
and meet with business people who would be relocating or locating there.
DOL may be able to identify a Kulick business site that we could tour.
12
Record Type:
Record
To:
Lisa Green/OPD/EOP@EOP. Lynn G. Cutler/WHO/EOP@EOP, Alvin Brown/OVP@OVP
CC:
Subject:
This information is provide via a letter Mayor Wellington Webb wrote to the President for consideration as
a New Markets site.
Denver, Colorado - Mayor Wellington Webb (D)
.
An inner - city economic development project that will bring substantial private investment and living wage
employment to one of the poorest neighborhoods in Denver. This project - Inerlock Business
Development Park - has four key components:
Leverage substantial private investment with initial public investment (most of which will be repaid)
Create 1,000 living wage jobs in the heart of Denver's poorest neighborhoods
Encourage small and minority businesses to start, grow, and employ community residents
Bring the new entrepreneurial economy into an old neighborhood
This project is now under construction. Federal agencies involved with the project are the Department of
Commerce Economic Development Agency and the General Services Administration.
The Department of Labor indicated at our meeting yesterday that they have a major initiative that they will
provide information on.
"Douglas S. Kantor" <[email protected]>
07/01/99 07:18:53 PM
Record Type:
Record
To:
[email protected], Lisa Green/OPD/EOP, Jonathan A. Kaplan/OPD/EOP, Anne E. McGuire/WHO/EOP
CC:
"Jacquie M. Lawing" <[email protected]>, Patricia Enright <[email protected]>,
Ginny Terzano <[email protected]>
Subject: Sallie Mae Deliverable for East St. Louis
Sallie Mae came through with a deliverable for East St. Louis and we are
very excited about it. They will establish a college information center at
a local library in East St. Louis. The center will have a full-time staff
person to counsel prospective college students on their options and
voluminous resources. It is modeled on the DC College Information Center
and the Boston Higher Education Center. The initial cost to start the
center will come from a $50,000 grant from the Sallie Mae Trust (their
charitable foundation).
They would like Paul Carey, Executive Vice President and Larry O'Toole,
Vice President of Sallie Mae and President of Nellie Mae to be invited to
the event.
They are faxing me more information and I will make sure that Ginny has it.