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| WALKER ANNOUNCES TRANSFORM MILWAUKEE PLAN; DEMS QUESTION TIMING |
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WPR News - Walker announces Transform Milwaukee plan; Dems question timing
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Tuesday May 01, 2012
by Chuck Quirmbach
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(MILWAUKEE) Gov. Scott Walker has announced a $100 million economic development plan for Milwaukee, but refuses to call it a "stimulus" effort. Democrats say the timing of the announcement is political.
Walker says the Wisconsin Housing and Economic Development Authority has committed $100 million to a Transform Milwaukee plan over the next two years. The aid will come in the form of federal tax credits, business development loans, workforce housing financing, residential mortgage loans and grants to clean-up vacant property. Walker says the money will mainly be spent in economically depressed parts of the city, where there's double digit unemployment.
Walker rejects the idea that his plan is like the Obama administration's economic stimulus effort of 2009.
Walker says his administration has been working on transform Milwaukee for about a year, and the announcement has nothing to do with the recall election he's facing. Milwaukee Mayor and Democratic candidate for Governor Tom Barrett is skeptical.
Barrett says Milwaukee would like to have a partnership with the state, if the state is serious about helping.
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