Word: udager
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Dates: during 1979-1979
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...appointed him Assistant Secretary of Housing and Urban Development. As the Administration's point man on urban distress, one of the toughest jobs in town, Embry created the Urban Development Action Grant program that is helping to save 327 distressed urban areas by encouraging private investment. To qualify for UDAG, a mayor must prove that his proposal has local business support and will create jobs. In the past two years, HUD has paid out $700 million in seed money that in turn has generated an investment of $4.1 billion in private funds. An unflappable official, the Baltimore born and bred...
...Congress has its finger in the wind, and they're going to outdo the President in cutting back," he added, predicting a series of "mini-conflicts" over urban aid programs such as CETA (Comprehensive Employee Training Act), revenue-sharing and Urban Development and Assistance Grants (UDAG...