In December 1994, President Bill Clinton designated 104
distressed urban and rural areas as Empowerment Zones (EZ)
and Enterprise Communities (EC).
Prior to 1995, there was no single entity capable of
coordinating the various sectors of the Greater Columbus
community and focusing their efforts on central city
redevelopment. Recognizing this fact, a partnership of
government, business, and neighborhoods joined together to
form the Columbus Compact Corporation ("the Compact").
The Compact's first efforts in Columbus' central city
revitalization initiative were defined through a
comprehensive, community-based planning process that
coordinated strategies and engaged stakeholders in an effort
to achieve lasting change.
In 1999, the City of Columbus and the Compact partnered to
develop a strategic plan for the redevelopment of central
city Columbus. The U.S. Department of Housing and Urban
Development (HUD) reviewed the 10-year, $1.5 billion
redevelopment plan, and awarded the Empowerment Zone
designation to Columbus.
The Compact governs and
administers the Empowerment Zone on behalf of the City of Columbus.
The Columbus Compact
Corporation has received program and administrative support
US Department of Housing and Urban Development
Ohio Department of Development
City of Columbus
The Columbus Foundation
Development Finance Fund
United Way of Central