http://www.ezec.gov/About/backgrounder.html
This is a Presidential initiative designed to afford communities real opportunities for growth and revitalization. Its mission is "to create self sustaining, long-term economic development in areas of pervasive poverty, unemployment, and general distress, and to demonstrate how distressed communities can achieve self sufficiency through innovative and comprehensive. strategic plans developed and implemented by alliances among private, public, and nonprofit entities." Visit this site for details.